1222 E 103rd, Los Angeles, California 90002, Los Angeles, 90002 - 4 bed, 3 bath
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Los Angeles, California 90002
This Versatile Multi-Unit Property is a Prime Investment Opportunity, listed at $800,000—positioned well below the $912,388 Fair Market Value by 12%. This valuation gap provides $112,388 in Instant Equity for the incoming buyer. Featuring a Condition Rating of 2, the estate boasts a main residence with a Modern Granite Kitchen and a separate 1-bedroom ADU constructed in 2018. With both units delivered vacant and a serene Park/Greenbelt View, the property is primed for immediate cash flow. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1222 E 103rd Subject | $800,000* List Price | 4 | 3 | 2,188 | $417 | - |
A 9538 Compton Active | $795,000 List Price | 6 | 4 | 1,780 | $447 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a main house with a modern kitchen and updated bathrooms, plus a secondary ADU built in 2018. Recent renovations (likely <5 years) are evident in the cabinetry, flooring, and recessed lighting, making it move-in ready with minimal maintenance required.
The property features a main 3-bedroom house and a separate 1-bedroom ADU, both delivered vacant, providing an ideal setup for house-hacking or maximizing rental yields.
The rear ADU was constructed in 2018 and is fully remodeled with contemporary finishes, offering a turnkey living space that requires no immediate capital improvement.
The property boasts significant parking space, a highly sought-after asset in Los Angeles that adds convenience for multi-family occupancy and enhances tenant retention.
The primary residence dates back to 1944, which may necessitate more frequent maintenance or infrastructure updates compared to the newer 2018 rear unit.
Listed at $800,000, the property is positioned at a premium for the Watts neighborhood, which may impact the overall capitalization rate for strictly yield-focused investors.
House plus ADU. Welcome to 1222 E. 103rd St, Los Angeles CA . this is a multi-unit home featuring distinct living spaces that cater to various needs, main house comprises three bedrooms and two baths, stylish hardwood floors throughout the living areas, a modern kitchen equipped with granite countertops, enhancing both aesthetics and functionality, additional unit in back constructed in 2018, this unit offers one bedroom and one bathroom, fully remodeled, proving contemporary finishes and amenities, the property boasts ample parking space, this set up is ideal for families needing extra space or for investors looking to rent out one or both units for additional income, overall the property presents a versatile opportunity in a neighborhood that balances residential comfort with urban accessibility, if you are considering investment opportunities or looking for a multi-family residence, this property could be worth a closer look. both units will be delivered vacant
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 79% |
| Baths | 3.0 | 0.0 | 86% |
| Square foot | 2,188 | 2,297 | 36% |
| Lot Size | 6,007 | 4,853.5 | 64% |
| Price | $800.0K | $943.0K | 36% |
| Price per sq ft | $366 | $362 | 50% |
| Built year | 1944 | 1950 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 221 | 7% |
Apr 30, 2026
$800,000
Initial Listing
Aug 8, 2001
$110,000
Public Record