
Los Angeles, California 90044
This Income-Producing Triplex Asset represents a High-Potential Investment Opportunity, listed at $985,000—positioned near its $948,626 Fair Market Value. The property’s standout feature is a Brand New 2023 ADU delivered vacant, featuring modern finishes and immediate rental upside. Combined with an upgraded 1947 duplex, the property maintains a Good Condition Rating and is situated in a High-Demand Rental Neighborhood. This versatile asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey "house hack" to build long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1303 W 109th Subject | $985,000* List Price | 0 | 0 | 2,583 | $367 | - |
A 10625 S Budlong Sold | $909,000 | 0 | 0 | 2,571 | $354 | 0.1 mi |
B 1315 W 102nd Street Sold | $875,000 | 0 | 0 | 2,392 | $366 | 0.4 mi |
C 10405 S Hoover Street Sold | $1,080,000 | 0 | 0 | 2,629 | $411 | 0.7 mi |
D 655 W 113th Pending | $699,000 List Price | 0 | 0 | 2,545 | $275 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
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.
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.
A significant value-add is the ADU, built in 2023, offering modern construction, updated features, and minimal immediate maintenance concerns.
The ADU will be delivered vacant, providing the new owner immediate flexibility to set market-rate rents or utilize it for personal occupancy.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2583, other record living area = 1750.
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.
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.
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.
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 | 2,583 | 2,143 | 71% |
| Lot Size | 7,968 | 6,078 | 84% |
| Price | $985.0K | $850.0K | 71% |
| Price per sq ft | $381 | $411 | 39% |
| Built year | 1947 | 1924 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 103 | 154 | 32% |
Jan 9, 2026
$985,000
Initial Listing
Jan 22, 2013
$300,000
Public Record
Sep 28, 2007
$610,000
Public Record