1244 W 107th Street, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 2 bath
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Los Angeles, California 90044
This High-Potential Investment Opportunity is listed at $795,000, positioned slightly above the $764,553 Fair Market Value. While the list price reflects a premium, the property offers significant long-term upside through its R2-zoned 9,553 SF lot and existing plans for a 6-unit development. Featuring a Condition Rating of 2, this turnkey Craftsman provides immediate rental utility while developers navigate the entitlement process. Its proximity to major employment hubs like SoFi Stadium and SpaceX ensures sustained demand. This asset is ideal for Buy-and-Hold Investors or Developers seeking growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1244 W 107th Street Subject | $739,000* List Price | 3 | 2 | 1,052 | $710 | - |
A 1100 W 103rd Street Sold | $690,000 | 2 | 1 | 907 | $761 | 0.4 mi |
B 1327 W 97th Street Sold | $745,000 | 3 | 2 | 1,032 | $722 | 0.7 mi |
C 1241 W 109th Place Pending | $799,999 List Price | 3 | 2 | 1,239 | $646 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a recent high-quality renovation featuring contemporary finishes, a modern kitchen with stainless steel appliances, and updated systems including ductless heating and air conditioning.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9553, living area = 1052.
The oversized 9,553 SF R2-zoned lot offers massive upside with potential for up to 8 units and existing drafted plans for a 6-unit rear development, providing a valuable head start for investors.
This Craftsman home is move-in ready, featuring modern upgrades including hardwood floors, an open floor plan, contemporary finishes, and ductless heating and air conditioning.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 1,052 square feet of living area, the current residence is relatively small, resulting in a high price-per-square-foot that relies heavily on the land's future development value.
Originally built in 1925, the property may possess underlying structural or utility characteristics typical of older homes that could require more intensive maintenance despite recent surface renovations.
Renovated 3-bedroom, 2-bathroom Craftsman home on a nearly 10,000 SF R2-zoned lot with significant development potential. The home features hardwood floors throughout, an open floor plan, breakfast bar, contemporary finishes, ductless heating and air conditioning, in-unit laundry hookups, and on-site parking. The oversized lot offers the potential for up to 8 units per LA County Planning Dept. (buyer to verify). Drafted plans are available for a proposed 6-unit rear development consisting of spacious 3-bedroom, 2-bathroom residences of approximately 1,000 SF each, providing a valuable head start for future development. Conveniently located near SoFi Stadium, SpaceX, Intuit Dome, major transportation corridors, shopping, dining, and employment centers. Whether you're an investor, developer, or owner-user, this property presents a rare opportunity to acquire a move-in-ready home with substantial long-term upside in one of Los Angeles' most active growth corridors. Buyer to verify all zoning, development potential, and future use possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,052 | 1,672 |
| Lot Size | 9,553 | 6,067 |
| Price | $739.0K | $1.37M |
| Price per sq ft | $702 | $801 |
| Built year | 1925 | 1939 |
| HOA | $0 | $348 |
| Days on market | 32 | 56 |
Jul 21, 2026
$739,000
$749,000
-1% Price Drop
Initial Listing
Jul 9, 2026
$749,000
$769,000
-3% Price Drop
Initial Listing
Jun 29, 2026
$769,000
$795,000
-3% Price Drop
Initial Listing
Jun 20, 2026
$795,000
Initial Listing
Nov 22, 2024
$520,000
Public Record