
Los Angeles, California 90061
This Value-Add Residential Asset is listed at $540,000, representing a market-aligned entry point relative to its $505,650 Fair Market Value. While the home carries a Condition Rating of 5 and requires substantial rehabilitation of its core systems, its value is underpinned by a generous 6,983 Sq Ft Lot and strategic proximity to SoFi Stadium. Recent area sales suggest a strong exit ceiling following a full modernization. Located in the Los Angeles Unified district with immediate freeway access, this is a high-potential project for Fix-and-Flip Investors or Contractors looking to capture equity through forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 146 W 113th Street Subject | $540,000* List Price | 2 | 1 | 858 | $589 | - |
A 126 W 111th Sold | $525,000 | 2 | 1 | 783 | $670 | 0.2 mi |
B 317 E 115th Street Sold | $555,000 | 2 | 1 | 1,120 | $496 | 0.4 mi |
C 236 W 127th Sold | $685,000 | 2 | 1 | 1,165 | $588 | 1.0 mi |
D 123 E 108th Street Active | $549,900 List Price | 3 | 2 | 878 | $626 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922, this property shows significant signs of deferred maintenance and aging. The kitchen features damaged and outdated cabinetry, the bathroom is old-fashioned with worn fixtures, and the detached garage/outbuilding appears to have structural issues or wood rot. While currently occupied, the home requires substantial rehabilitation of its core systems and cosmetic finishes to meet modern standards.
The property is ideally positioned near the 105 and 110 freeways and is in close proximity to major entertainment hubs like SoFi Stadium and the Intuit Dome, ensuring high demand and accessibility.
Sitting on a nearly 7,000-square-foot fenced lot, the property offers significant outdoor space and potential for future expansion or the addition of an Accessory Dwelling Unit (ADU).
The large, fenced lot provides extensive parking capacity, a highly desirable feature in Los Angeles that offers both convenience and added security for multiple vehicles.
Originally built in 1922, the home likely requires updates to its core systems and cosmetic finishes to align with modern living standards and building codes.
At just 858 square feet with a 2-bedroom, 1-bathroom configuration, the living space is relatively small and may feel restrictive for families or those requiring a home office.
Welcome to this single-family home located near the 105 FWY and the 110 FWY. This property features 2 bedrooms and 1 bathroom. This home sits on a large fenced lot with plenty of parking space. This property offers a front yard and backyard. This property is also close to Sofi Stadium and the Intuit Dome.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 39% |
| Baths | 1.0 | 2.0 | 46% |
| Square foot | 858 | 1,147 | 14% |
| Lot Size | 6,983 | 5,705 | 82% |
| Price | $540.0K | $655.5K | 21% |
| Price per sq ft | $629 | $567 | 71% |
| Built year | 1922 | 1948 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 169 | 7% |
Mar 25, 2026
$540,000
Initial Listing