1624 E 109th Street, Los Angeles, California 90059, Los Angeles, 90059 - bed, bath
ACTIVE$950,000
1624 E 109th Street, Los Angeles, California 90059
0Bed
0Bath
2,949Sqft
15,217Lot
Year Built
1936
Close
-
List price
$950K
Original List price
$1M
Price/Sqft
$322
HOA
-
Days on market
-
Sold On
-
MLS number
DW25056094
Home ConditionPoor
Features
Patio
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $950.0K(67th), sqft - 2949(58th), beds - undefined(50th), baths - undefined(50th).
Great opportunity for investors! property shows on title as Duplex or 2 units with 7 bedrooms 4 bath however physically property is showing 3 homes on a lot . First unit is 3/2 second unit 4/2 and 3rd unit4/2 . Property has two 2 car attached garages that have been converted. Huge lot per asesor 15,213 sqft. Property needs TLC but has tons of potential!
Nearby schools
2/10
Lovelia P. Flournoy Elementary School
Public,•K-5•0.1mi
3/10
Compton Avenue Elementary School
Public,•K-5•0.4mi
3/10
Grape Street Elementary School
Public,•K-5•0.5mi
3/10
One Hundred Twelfth Street Elementary School
Public,•K-5•0.5mi
2/10
One Hundred Ninth Street Elementary School
Public,•K-5•0.9mi
3/10
Ninety-Sixth Street Elementary School
Public,•K-6•0.9mi
2/10
Weigand Avenue Elementary School
Public,•K-5•1.0mi
5/10
Ritter Elementary School
Public,•K-5•1.0mi
5/10
Ninety-Ninth Street Elementary School
Public,•K-6•1.0mi
4/10
One Hundred Sixteenth Street Elementary School
Public,•K-5•1.1mi
4/10
Ninety-Second Street Elementary School
Public,•K-6•1.3mi
5/10
Martin Luther King Elementary School
Public,•PK-6•1.3mi
4/10
Judith F. Baca Arts Academy
Public,•K-6•1.4mi
6/10
Montara Avenue Elementary School
Public,•K-6•1.6mi
5/10
Lincoln Elementary School
Public,•K-5•1.7mi
4/10
Stanford Avenue Elementary School
Public,•K-5•1.7mi
7/10
Willow Elementary
Public,•K-5•1.9mi
5/10
Lindbergh Elementary School
Public,•K-6•2.2mi
4/10
Griffin Avenue Elementary School
Public,•K-5•9.3mi
3/10
Edwin Markham Middle School
Public,•6-8•0.3mi
2/10
Lincoln Elementary School
Public,•K-7•0.7mi
3/10
Carver Elementary School
Public,•PK-8•0.9mi
2/10
Southeast Middle School
Public,•6-8•1.3mi
2/10
Bunche Middle School
Public,•6-8•1.5mi
5/10
Willowbrook Middle School
Public,•6-8•1.5mi
1/10
Charles Drew Middle School
Public,•6-8•1.7mi
2/10
Samuel Gompers Middle School
Public,•6-8•1.9mi
2/10
Cesar Chavez Middle School
Public,•6-8•2.4mi
3/10
Lynwood Middle School
Public,•7-8•2.8mi
2/10
David Starr Jordan Senior High School
Public,•9-12•0.9mi
6/10
South East High School
Public,•9-12•1.4mi
9/10
Compton Early College High
Public,•9-12•1.5mi
3/10
Centennial High School
Public,•9-12•1.5mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.7mi
4/10
Lynwood High School
Public,•9-12•3.1mi
4/10
Marco Antonio Firebaugh High School
Public,•9-12•3.7mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,•6-12•3.8mi
Price History
Date
Event
Price
01/08/03
Sold
$200,000
Condition Rating
Poor
Built in 1936, the property is explicitly stated to need 'TLC' and 'extensive renovation.' The exterior images show significant wear, neglect, and outdated features. The complete absence of interior photos, especially of kitchens and bathrooms, strongly indicates these areas are in very poor, original, or damaged condition, requiring substantial repairs and rehabilitation. The property also has unpermitted units and converted garages, suggesting further significant investment is needed to address code compliance and overall habitability.
Pros & Cons
Pros
Great Schools: High School: Compton Early College High (9/10).
Significant Income Potential: The property is physically configured as three separate units (3/2, 4/2, 4/2), offering substantial rental income opportunities for investors.
Large Lot Size: A generous 15,217 sqft lot provides ample space for potential expansion, additional amenities, or outdoor living areas, which is highly valuable in Los Angeles.
Investor-Focused Opportunity: Explicitly marketed as a 'Great opportunity for investors,' indicating its potential for value-add and return on investment through renovation and stabilization.
High Bedroom/Bathroom Count: With a total of 7 bedrooms and 4 baths on title (and even more physically), the property offers high occupancy potential across multiple units.
Los Angeles Location: Situated in Los Angeles, the property benefits from a generally strong and competitive rental market, offering long-term appreciation potential.
Cons
Extensive Renovation Required: The property 'needs TLC,' implying significant capital investment and effort for repairs, upgrades, and modernization to maximize its potential.
Unpermitted Unit Discrepancy: The significant difference between the title (Duplex) and physical configuration (3 homes) suggests unpermitted units, posing legal, financial, and permitting risks.
Converted Garages: The conversion of two 2-car attached garages may indicate unpermitted alterations, potentially leading to code violations, lack of proper parking, or structural concerns.