142 W 110th Street, Los Angeles, California 90061, Los Angeles, 90061 - 3 bed, 2 bath
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Los Angeles, California 90061
This Value-Add Development Asset is listed at $649,000, representing a strategic play for density in a high-demand corridor. The property currently carries a Poor Condition Rating, with its primary value derived from the R2 Zoning and ADU expansion potential. While the $500,935 Fair Market Value reflects the existing 1929 structure, the list price aligns with recent area sales for high-utility lots. Featuring 6-car parking and proximity to SoFi Stadium, this is an ideal acquisition for Buy-and-Hold Investors or Developers looking to maximize ROI through forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 142 W 110th Street Subject | $599,000* List Price | 3 | 2 | 1,440 | $334 | - |
A 126 E 118th Place Sold | $600,000 | 3 | 2 | 1,718 | $349 | 0.7 mi |
B 331 E 119th Street Sold | $613,500 | 4 | 2 | 1,800 | $341 | 0.8 mi |
C 143 W 110th Street Active | $599,000 List Price | 3 | 1 | 1,264 | $474 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1929, making it 95 years old. The provided images are only of the exterior, showing an aged Spanish-style home with weathered stucco and overgrown landscaping, suggesting a lack of recent significant updates or maintenance. There are no interior photos to assess the condition of the kitchen, bathrooms, flooring, or systems. The MLS description heavily emphasizes the R2 zoning and potential for adding a second unit and ADU, indicating the property's value is largely in its development potential rather than the current condition of the existing structure. Without any interior views or mention of recent renovations, it's highly probable that the interior requires substantial repairs and rehabilitation to meet modern living standards, aligning with the 'Poor' condition criteria.
R2 zoning allows for the addition of a second unit and ADU, offering significant income potential through rental or Airbnb, and the 2-car garage is ideal for ADU expansion.
Strategically located a short distance from major Los Angeles attractions including Downtown LA, SoFi Stadium, LAX, Crypto.com Arena, and Clipper Arena, with excellent freeway access.
A long driveway provides generous parking space, accommodating up to 6 cars, a valuable asset in the Los Angeles area.
Built in 1929, the property may require significant updates to plumbing, electrical, and other systems to meet modern standards and energy efficiency.
While offering strong development potential, realizing the full income potential (ADU, second unit) will necessitate substantial additional capital investment and construction costs.
The description focuses heavily on future development, providing limited detail on the current condition or recent renovations of the existing 1929-built residence, which may imply a need for modernization.
R2 LOT ADD A SECOND UNIT AND ADU PLENTY OF ROOM FOR A FOR BUILD OUT, LARGE 3 BEDROOM 2 BATH HOME, OPEN FLOOR PLAN, LARGE DINING ROOM, BREAKFAST NOOK LONG DRIVEWAY TO FIT 6 CARS, LARGE OPEN BACKYARD FOR ENTERTAINMENT, 2 CAR GARAGE FOR ADU EXPANSION, GREAT OPPORTUNITY TO BUILD A SECOND UNIT ANDA ADU GREAT INCOME POTENTIAL. LOCATED SHORT DISTANCE TO LOS ANGELES DOWNTOWN, SOFI STADIUM, LAX, CRYPTO STADIUM, CLIPPER ARENA, LOCATED CLOSE TO FREEWAYS, ENTERTAINMENT, SCHOOLS, RESTAURANTS, GREAT LOCATION FOR BEING CLOSE TO ALL THE LOS ANGELES AREA ATTRACTIONS. GREAT OPPORTUNITY FOR INVESTMENT LOCATION FOR AIRBNB
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,440 | 1,177.5 | 75% |
| Lot Size | 5,323 | 5,683 | 29% |
| Price | $599.0K | $655.5K | 29% |
| Price per sq ft | $416 | $561 | 21% |
| Built year | 1929 | 1948 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 244 | 172 | 89% |
Apr 15, 2026
$599,000
$649,000
-8% Price Drop
Initial Listing
Apr 5, 2026
$649,000
$699,000
-7% Price Drop
Initial Listing
Aug 21, 2025
$699,000
Initial Listing