151 E 121st, Los Angeles, California 90061, Los Angeles, 90061 - bed, bath
151 E 121st
Los Angeles, California 90061
Property Price
SUMMARY
Analysis of 151 E 121st, Los Angeles, California 90061 is currently available with a list price of $849,999. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property was built in 1965, making it 59 years old. The exterior images reveal significant signs of age and neglect, including faded and dirty stucco, cracked concrete driveways, and the presence of multiple window-mounted AC units, indicating a lack of central heating/cooling and outdated major systems. There are no visible signs of recent renovations, and the overall appearance suggests the property requires substantial repairs and rehabilitation to meet modern living standards. While interior conditions (kitchen, bathrooms, flooring) cannot be assessed without images, the exterior strongly implies they would be similarly outdated and in poor condition.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
As a triplex featuring a large 3-bedroom, 2-bath main house and two additional 2-bedroom, 1-bath units, this property offers significant rental income opportunities for investors or owner-occupants.
- Desirable Unit Configuration
The diverse unit sizes (3/2 and two 2/1s) cater to a broader range of tenant needs, maximizing occupancy potential and rental yield.
- Dedicated Parking
The inclusion of three one-car garages provides essential off-street parking, a highly valued amenity in the Los Angeles market that enhances tenant appeal.
CONSRISKS & DEFICIENCIES
- Property Age & Potential for Updates
Built in 1965, the property is over 50 years old, suggesting it may require significant modernization, renovations, or updates to meet current market expectations and tenant preferences.
- Recent Price Adjustment
The recent price reduction from $899,900 to $849,999 could indicate initial overpricing, a lack of strong buyer interest, or potential underlying issues that warrant further investigation.
- Unspecified Condition/Maintenance
The description lacks details on recent upgrades or maintenance, implying the property might be in its original condition or require substantial capital expenditure for deferred maintenance or cosmetic improvements.
About 151 E 121st
property features large 3-bedromms 2-baths house and large two stoty units 2-bedrooms 1 bath each, three one car garage, property is coneviently located within short distance to transportation.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1965
- Lot Size
- 7,639 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,737 | 2,220 | 78% |
| Lot Size | 7,639 | 6,025 | 89% |
| Price | $850.0K | $750.0K | 67% |
| Price per sq ft | $311 | $318 | 33% |
| Built year | 1965 | 1925 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 92 | 202 | 11% |
Pricing History
Listed for Sale
Jan 8, 2026
$849,999
$899,900
-6% Price Drop
Initial Listing
Price Change
Dec 4, 2025
$899,900
Initial Listing