
Los Angeles, California 90059
This property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned slightly above the $539,248 Fair Market Value. While the home carries a Condition Rating of 5, its status as a blank canvas allows for significant value-add through interior modernization and ADU development. The large lot and secure, gated driveway provide the necessary infrastructure for expansion. This is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to capitalize on the property's raw potential and development flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11743 Slater Subject | $550,000* List Price | 2 | 2 | 1,002 | $550 | - |
A 11506 Wadsworth Sold | $585,000 | 2 | 1 | 988 | $592 | 0.4 mi |
B 11200 11200 Stanford Ave Sold | $500,000 | 2 | 1 | 720 | $694 | 0.7 mi |
C 619 E 116th Street Sold | $450,000 | 2 | 1 | 728 | $618 | 0.7 mi |
D 672 E 112th Street Sold | $535,000 | 3 | 1 | 778 | $688 | 0.7 mi |
E 941 E Imperial Highway Pending | $540,000 List Price | 2 | 1 | 1,190 | $454 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922 and described as 'quite original,' this property functions as a 'blank canvas' requiring a total rehab. Interior images reveal heavily stained carpeting, severely dated linoleum flooring, and original kitchen/bath fixtures that appear to be over 30-40 years old with visible wear and neglect.
The property features a large, open backyard with ample space to easily accommodate one or two Accessory Dwelling Units (ADUs) or a garage, offering excellent value-add potential.
The property is fully fenced with a long driveway that can accommodate multiple vehicles, secured by a rolling gate for added privacy and convenience.
Serving as a blank canvas, this property presents a great opportunity for investors or handy buyers to completely customize and renovate the home to their taste.
Built in 1922 and described as 'quite original,' the home will likely require a significant financial investment for modern updates, repairs, and system overhauls.
The property backs directly up to Compton Creek, which may raise concerns regarding flood zone insurance requirements, aesthetics, or long-term maintenance.
11743 Slater Street… a charming 3 bedroom, 2 bathroom home tucked away in a quiet location in Los Angeles… only minutes from freeways connecting to all of Southern California… opening to a serene rear yard with mature trees including a beautiful fruit tree… backing to a tree lined cement run-off canal… or to an incurable romantic… a “seasonal stream”. The fenced and gated front yard affords a pleasant welcome and approach. All rooms are sun-filled and nicely proportioned. The kitchen opens to the side yard and rear grounds. The primary suite boasts a private bathroom and good storage. Truly a home of natural warmth and amazing possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,002 | 1,672 |
| Lot Size | 5,343 | 6,067 |
| Price | $550.0K | $1.37M |
| Price per sq ft | $549 | $801 |
| Built year | 1922 | 1939 |
| HOA | $0 | $348 |
| Days on market | 40 | 56 |
Jun 12, 2026
$550,000
Initial Listing