
Los Angeles, California 90044
This Multifamily Value-Add Asset is listed at $890,000, offering a strategic entry into a high-demand Los Angeles submarket. Although the list price is positioned above the $735,508 Fair Market Value, the property provides substantial long-term upside via its expansive 8,420 sq ft lot and significant ADU Potential. With a Condition Rating of 5, the asset requires a comprehensive renovation plan to modernize the three conforming units and non-conforming studio. Its location near the Inglewood Sports Hub ensures sustained tenant demand, making this an ideal acquisition for Buy-and-Hold Investors or Value-Add Specialists focused on forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1155 W 104th Subject | $890,000* List Price | 0 | 0 | 1,807 | $407 | - |
A 1315 W 102nd Street Sold | $875,000 | 0 | 0 | 2,392 | $366 | 0.2 mi |
B 660 W 94th Street Sold | $750,000 | 7 | 4 | 1,780 | $421 | 0.8 mi |
C 1052 W 106th Street Sold | $900,000 | 0 | 0 | 2,380 | $378 | 0.2 mi |
D 9122 S Hoover Street Active | $789,900 List Price | 0 | 0 | 1,800 | $439 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953, this property is over 70 years old. The exterior images reveal significant deferred maintenance, including faded paint, an aged roof, unkempt landscaping, and older windows with a visible window AC unit, suggesting a lack of central cooling. While no interior photos are provided, the property's age and exterior condition strongly indicate that the kitchens, bathrooms, and other interior components are severely outdated and likely require substantial repairs and rehabilitation to meet modern living standards. The listing's own analysis highlights 'Property Age & Potential Updates' as a weakness, reinforcing the need for major capital expenditure.
The property is explicitly marketed as an attractive multifamily investment opportunity, offering a versatile unit mix (3 conforming + 1 non-conforming studio) and positioned for stable income with long-term growth in a high-demand Los Angeles submarket.
An expansive 8,420 sq ft lot provides significant space and potential for adding Accessory Dwelling Units (ADUs), offering substantial future value appreciation and increased income streams.
Ideally located near major freeways (105 & 110) and adjacent to key entertainment hubs (Inglewood Sports & Entertainment Hub, Downtown LA Sports Hub), ensuring excellent access to employment centers and tenant demand.
The inclusion of a non-conforming studio unit presents potential legal and permitting risks, requiring the buyer to verify its legality and permits to their satisfaction.
The listing repeatedly emphasizes that the buyer must verify permits, legality, and ADU potential with local jurisdictions, indicating a higher burden of due diligence and potential unforeseen costs for the investor.
Built in 1953, the property's age suggests it may require significant capital expenditure for deferred maintenance, system upgrades, or modernization to maximize rental income and meet contemporary tenant expectations.
1155 W 104th St, Los Angeles, CA 90044 Attractive multifamily investment opportunity on a large 8,420 sq ft lot in an unincorporated area of Los Angeles County. The property features a versatile unit mix with three conforming units (one 2 Bed/1 Bath and two 1 Bed/1 Bath) plus a non-conforming studio, offering additional income potential. Buyer to verify permits and legality to their satisfaction. The expansive lot provides ample space and potential to add ADU units (buyer to verify with local jurisdiction), creating future upside. Ideally located near the 105 and 110 freeways and adjacent to the City of Inglewood’s Sports & Entertainment Hub and Downtown Los Angeles’ Sports Hub, offering excellent access to major employment and entertainment centers. Additional features include ample on-site parking and proximity to shopping, dining, and public transportation. Well-positioned for investors seeking stable income with long-term growth potential in a high-demand Los Angeles submarket.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,807 | 2,004 | 45% |
| Lot Size | 8,420 | 6,078 | 87% |
| Price | $890.0K | $850.0K | 58% |
| Price per sq ft | $493 | $421 | 65% |
| Built year | 1953 | 1924 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 90 | 154 | 26% |
Jan 22, 2026
$890,000
Initial Listing
Apr 16, 2015
$370,000
Public Record