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154 W 111th Place, Los Angeles, California 90061, Los Angeles, 90061 - 10 bed, 6 bath

154 W 111th Place, Los Angeles, California 90061 home-pic-0
ACTIVE$1,135,000
154 W 111th Place, Los Angeles, California 90061
10Beds
6Baths
3,900Sqft
6,911Lot
Year Built
2019
Close
-
List price
$1.14M
Original List price
$1.24M
Price/Sqft
$291
HOA
-
Days on market
-
Sold On
-
MLS number
IV25207369
Home ConditionExcellent
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $1.14M(83th), sqft - 3900(92th), beds - 10(92th), baths - 6(92th).

Excellent Investment Opportunity! This well-maintained duplex features two spacious units, each offering 5 bedrooms and 3 bathrooms with functional layouts designed for comfortable living. Both units are tenant-occupied, providing immediate rental income with reliable tenants already in place. Recent improvements include new flooring, fresh interior and exterior paint, upgraded landscaping that enhances curb appeal, and a cement parking pad for added convenience. Located in a high-demand rental area of Los Angeles, this property combines strong cash-flow potential with long-term value growth. With steady rental income and low vacancy risk, it is an ideal addition to any investor’s portfolio. Please do not disturb the tenants; showings are available by appointment only.

Price History

Date
Event
Price
09/23/25
Price Change
$1,135,000-8.1%
09/09/25
Listing
$1,235,000
Condition Rating
Excellent
This property was built in 2019, making it only 5 years old, which falls well within the 'Excellent' criteria for age. The listing description highlights recent improvements such as new flooring, fresh interior and exterior paint, and upgraded landscaping, indicating a very well-maintained and updated condition. Although no kitchen images are provided, the bathroom image shows modern, clean fixtures and finishes consistent with a recently built property. All components appear new or virtually new, with no signs of deferred maintenance.
Pros & Cons

Pros

Strong Investment Potential: The property offers immediate rental income with reliable, tenant-occupied units, strong cash-flow potential, and low vacancy risk in a high-demand rental area of Los Angeles.
Modern Construction: Built in 2019, the property benefits from newer building standards and systems, suggesting reduced immediate maintenance and modern appeal.
Spacious & Functional Layouts: Each duplex unit features a generous 5 bedrooms and 3 bathrooms, designed for comfortable living, appealing to larger families or co-living arrangements.
Recent Upgrades & Well-Maintained: The duplex has been well-maintained with recent improvements including new flooring, fresh interior/exterior paint, upgraded landscaping, and a convenient cement parking pad.
Aesthetic Appeal (City Lights View): The property boasts a desirable 'City Lights' view, enhancing its overall appeal and potential long-term value.

Cons

Showings Restricted by Occupancy: Tenant occupancy limits showing availability to appointment only and prohibits disturbing tenants, which can complicate the viewing process for potential buyers.
No Immediate Owner-Occupancy: Both units are tenant-occupied, meaning a buyer seeking to live in one of the units immediately would need to navigate existing lease agreements.
Investment-Specific Market Appeal: While ideal for investors, the tenant-occupied duplex nature may narrow the buyer pool, potentially deterring owner-occupant buyers looking for a primary residence with immediate possession.

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