
Los Angeles, California 90059
This Residential Income Duplex serves as a significant Value-Add Asset in South Central Los Angeles with a List Price of $550,000, relative to a $406,885 Fair Market Value. While currently in Tear-Down Condition, the property features a substantial 2,137 sqft interior on a 5,663 sqft lot, offering immense potential for forced appreciation through rehabilitation. The 1928 structure is currently tenant-occupied, ensuring immediate cash flow in a high-demand rental market. Situated near Compton Early College High, this high-upside project is perfectly suited for Buy-and-Hold Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1318 E 110th Street Subject | $550,000* List Price | 0 | 0 | 2,137 | $190 | - |
A 1626 E 108th Sold | $715,000 | 6 | 3 | 2,239 | $319 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1928, this property is nearly a century old. The exterior image reveals severe neglect, including peeling paint, damaged stucco, overgrown and dry landscaping, and visible debris. One of the main entryways appears to be missing a door or is severely damaged, exposing a cluttered and potentially gutted interior. The description 'needs a little TLC' is a significant understatement; the property appears unlivable in its current state and has clearly not undergone any major renovations in many decades. The extent of necessary repairs and rehabilitation would likely be so substantial that its value is primarily in the land for redevelopment, aligning with the 'tear-down' criteria.
The property is a duplex, categorized as 'Residential Income,' offering two potential rental units for immediate income generation.
With tenants remaining at the close of escrow (assuming 'tennis' is 'tenants'), the property provides immediate cash flow for investors without vacancy periods.
Described as 'very large two bedroom one bath each Plex' with a total of 2137 sqft, indicating generous living spaces attractive to renters.
The property description explicitly states it 'needs a little TLC,' indicating required investment for repairs, renovations, and deferred maintenance.
Built in 1928, the property is nearly a century old, suggesting potential for outdated systems, structural issues, and higher renovation costs.
While a strength for investors, the presence of existing tenants can be a significant drawback for owner-occupant buyers who cannot move in immediately and must adhere to tenant rights.
Property is a very large two bedroom one bath each Plex in the center of south Central Los Angeles. Property needs a little TLC tennis will remain in property at the close of escrow.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
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 | 2,137 | 2,137 | 50% |
| Lot Size | 5,663 | 5,692 | 40% |
| Price | $550.0K | $750.0K | 13% |
| Price per sq ft | $257 | $353 | 13% |
| Built year | 1928 | 1944 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 261 | 198 | 80% |
Sep 5, 2025
$550,000
$575,000
-4% Price Drop
Initial Listing
Aug 4, 2025
$575
Initial Listing
Aug 4, 2025
$575,000
Initial Listing