
Los Angeles, California 90061
'). Scenario-Specific Tone: If Investor Appeal: Be analytical, prudent, and numbers-focused. Use terms like 'Asset,' 'Value-Add,' 'ROI.' Avoid 'Cozy' or 'Charming'."
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"Step 3: Drafting Instructions for FULL_VERSION. Generate a single, compelling paragraph (approx. 80-100 words) using the following structure: 1. The Hook: Define the property type immediately based on the strategy. 2. The Financials: Explicitly state the List Price vs. Fair Market Value. If there is positive equity: Highlight the Instant Equity amount. If priced at market: Highlight the stability/fairness of the price. 3. The Experience: Homeowner focus: Mention specific lifestyle perks (e.g., kitchen finishes, schools). Investor focus: Mention specific renovation potential or rental demand. 4. The Verdict: Conclude with the ideal buyer profile."
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* *Wait, I should check the "Important Notes" again:*
"Step 4: Formatting and Styling Rules. Use a combination of Markdown bold (**text**) and HTML span tags for rich styling. The frontend will render these with colors and backgrounds. Required Bold Highlights: Asset/Home Classification, List Price, Fair Market Value, Equity Amount, Key Features (e.g., Granite Kitchen, Zoning R2), Condition Rating, Ideal Buyer Profile."
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Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 145 W 109th Subject | $650,000* List Price | 0 | 0 | 1,252 | $466 | - |
A 227 E 111th Street Sold | $649,000 | 5 | 3 | 1,483 | $438 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924 and marketed as a 'handyman special,' this property requires substantial rehabilitation and modernization. While the roof is relatively new (5 years), the interior shows significant wear, outdated kitchen and bathroom fixtures, and deferred maintenance consistent with a 'diamond in the rough' investor opportunity.
Featuring two detached homes on a single lot with the front unit delivered vacant, this property offers exceptional flexibility for multi-generational living or immediate rental income.
The roof is approximately five years old, providing a solid structural foundation and reducing immediate high-cost maintenance requirements for the new owner.
As a handyman special requiring primarily cosmetic repairs, this property presents a significant opportunity to build equity through strategic renovations and customization.
The property is marketed as a fixer-upper, requiring an additional budget for repairs and modernization to meet current market standards.
With a total of 1,252 square feet split between two units, the individual living spaces are relatively small, which may limit appeal for larger families.
Excellent Investment Opportunity – Two Homes on One Lot! Discover the potential at 145 W 109th Street, Los Angeles, CA 90061. This handyman special features two detached units on one lot, front unit delivered vacant at the close of escrow—ideal for owner-users or investors seeking strong rental potential. The front unit offers 2 bedrooms, while the rear unit includes 1 bedroom, offering versatile living arrangements or dual income opportunities. The property requires mostly cosmetic repairs, allowing the next owner to add value and customize to their taste. The roof is approximately 5 years old, providing a great foundation for future improvements. Conveniently located near major freeways, local schools, shopping, and dining, this property offers excellent accessibility and long-term upside. Don’t miss this chance to transform a diamond in the rough into your next successful project!
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 | 1,252 | 2,102 | 10% |
| Lot Size | 5,245 | 5,793.5 | 10% |
| Price | $650.0K | $750.0K | 20% |
| Price per sq ft | $519 | $353 | 90% |
| Built year | 1924 | 1925 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 210 | 10% |
Mar 2, 2026
$650,000
Initial Listing
May 25, 2005
$225,000
Public Record