1303 W 109th, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath
ACTIVE$985,000$2,583/sqft
1303 W 109th, Los Angeles, California 90044
0Bed
0Bath
2,583Sqft
7,968Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Income Potential: The property is explicitly described as an 'income producing 3 unit property' situated in a 'high demand rental neighborhood,' indicating robust cash flow potential and tenant demand.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2583, other record living area = 1750.
Compared to the nearby listings
Price:$985.0K vs avg $775.0K (+$210,000)76%
Size:2,583 sqft vs avg 2,004 sqft68%
Price/sqft:$381 vs avg $36156%
More Insights
Built in 1947 (79 years old).
Condition: This triplex property presents a mixed but overall strong condition. The newly built ADU (2023) is in excellent, virtually new condition, featuring modern grey shaker cabinets, stainless steel appliances, recessed lighting, contemporary flooring, and a stylish bathroom with updated fixtures and tiling. The front duplex units, while originally built in 1947, are described as having 'upgrades throughout.' The images support this, showing well-maintained hardwood flooring in one unit and a kitchen with updated countertops and backsplash, though with older black cabinets and white appliances. While the duplex units are not as new as the ADU, they appear move-in ready and functional, benefiting from recent attention. The combination of a brand-new, high-quality unit and two upgraded, well-maintained older units results in an overall 'Good' condition for the property, requiring no immediate major renovations.
Year Built
1947
Close
-
List price
$985K
Original List price
$985K
Price/Sqft
$381
HOA
-
Days on market
-
Sold On
-
MLS number
NP26005887
Home ConditionGood
Features
View-
About this home
Income producing 3 unit property in a high demand rental neighborhood. Duplex in the front features upgrades throughout - Two 3 bedroom, 1 bathroom units. The ADU in the back of the property was built in 2023, an 833 sqft 2 bedroom, 2 bathroom unit that will be delivered vacant.
J
Joseph Lengyel-Leahu
Listing Agent
Price History
Date
Event
Price
01/22/13
Sold
$300,000
09/28/07
Sold
$610,000
Condition Rating
Good
This triplex property presents a mixed but overall strong condition. The newly built ADU (2023) is in excellent, virtually new condition, featuring modern grey shaker cabinets, stainless steel appliances, recessed lighting, contemporary flooring, and a stylish bathroom with updated fixtures and tiling. The front duplex units, while originally built in 1947, are described as having 'upgrades throughout.' The images support this, showing well-maintained hardwood flooring in one unit and a kitchen with updated countertops and backsplash, though with older black cabinets and white appliances. While the duplex units are not as new as the ADU, they appear move-in ready and functional, benefiting from recent attention. The combination of a brand-new, high-quality unit and two upgraded, well-maintained older units results in an overall 'Good' condition for the property, requiring no immediate major renovations.
Pros & Cons
Pros
Strong Income Potential: The property is explicitly described as an 'income producing 3 unit property' situated in a 'high demand rental neighborhood,' indicating robust cash flow potential and tenant demand.
Brand New ADU: A significant value-add is the ADU, built in 2023, offering modern construction, updated features, and minimal immediate maintenance concerns.
Vacant ADU Delivery: The ADU will be delivered vacant, providing the new owner immediate flexibility to set market-rate rents or utilize it for personal occupancy.
Upgraded Duplex Units: The front duplex units feature 'upgrades throughout,' which enhances their appeal to tenants and potentially reduces initial renovation costs for the new owner.
Triplex Configuration: With three distinct units (two 3-bed/1-bath and one 2-bed/2-bath), the property offers diversified income streams and a resilient investment profile.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2583, other record living area = 1750.
Age of Original Duplex: The front duplex was built in 1947, which, despite upgrades, may still present potential for older infrastructure, systems, or unforeseen maintenance issues compared to newer construction.
Vague Duplex Upgrades: The description 'upgrades throughout' for the duplex is not specific, leaving uncertainty regarding the extent of renovations, particularly for major systems like plumbing, electrical, or HVAC.
Lack of Specific Amenities/Parking Details: The property description does not detail parking arrangements or other amenities for all three units, which can be a crucial factor for tenants and property value in a dense urban area like Los Angeles.