
Los Angeles, California 90061
This property presents a High-Potential Investment Opportunity with a List Price of $799,000—positioned well above the $682,837 Fair Market Value. While the property lacks instant equity, it functions as a dual-unit asset featuring a permitted detached 1-bedroom unit and a spacious 3-4 car driveway, providing significant rental income potential. With a Condition Rating of 4, the home requires cosmetic updates to maximize its vintage Spanish-style appeal. This versatile property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 163 E 109th Place Subject 3 bd · 2 ba · 1,822 sqft · $434 | $775,000* List Price | 3 | 2 | 1,822 | $434 | - |
A 127 W 111th St Sold 3 bd · 2 ba · 1,148 sqft · $523 · 0.2 mi | $600,000 | 3 | 2 | 1,148 | $523 | 0.2 mi |
B 321 E 119th Sold 3 bd · 2 ba · 1,452 sqft · $458 · 0.8 mi | $665,000 | 3 | 2 | 1,452 | $458 | 0.8 mi |
C 142 W 110th Street Sold 3 bd · 2 ba · 1,440 sqft · $434 · 0.2 mi | $625,000 | 3 | 2 | 1,440 | $434 | 0.2 mi |
D 143 W 110th Street Sold 3 bd · 1 ba · 1,264 sqft · $502 · 0.2 mi | $635,000 | 3 | 1 | 1,264 | $502 | 0.2 mi |
E 234 E 111th Street Active Under Contract 3 bd · 2 ba · 1,804 sqft · $355 · 0.2 mi | $640,000 List Price | 3 | 2 | 1,804 | $355 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1929, the home features a dated interior with visible wear, including stained walls and older flooring that require cosmetic updates and minor repairs, though it remains functional and lived-in.
The property includes a permitted and fully equipped detached 1-bedroom, 1-bathroom living space, offering excellent opportunities for rental income, multi-generational living, or a private home office.
A spacious driveway that accommodates 3-4 vehicles is a significant asset in Los Angeles, providing rare convenience and security for residents and guests.
Built in 1929, this Spanish-style home is well-maintained and retains its classic character, featuring a bright interior with numerous windows and a functional den for added versatility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1182, other record living area = 1822. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The main residence offers only one bathroom to serve two bedrooms and a den, which may be a drawback for families or those who frequently host guests.
The sellers have explicitly stated they will not offer any credits for repairs, requiring the buyer to assume all costs for potential upgrades or necessary maintenance identified during inspections.
HUGE PRICE REDUCTION! Welcome to this charming 1929 Spanish-style home in the heart of Los Angeles, offering character, versatility, and exceptional value. Well-maintained and in great condition, this property seamlessly blends classic vintage charm with comfortable modern living. The main hous ehas 2 spacious bedrooms, 1 bath with a ton of windows and lights, plus a Den. Well-kept front yard. Driveway that fits 3-4 cars, or a RV. Backyard with a lime tree. The ADU has 1 bed, 1 bath that brings the total sqf to 1822. Ideal for rental income, guest accommodations, a private home office, or a multi-generational living setup.1-bed, 1-bath. Agents and buyers do their own due dilligent regarding the sqf and other information. Whether you're looking for a comfortable primary home with an income-generating rental or a flexible live/work space, this dual-unit property presents a rare investment opportunity in LA. Sellers do not offer any credit for repairs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,822 | 1,670.836 |
| Lot Size | 5,326 | 6,152.156 |
| Price | $775.0K | $1.34M |
| Price per sq ft | $425 | $807 |
| Built year | 1929 | 1941 |
| HOA | $0 | $238 |
| Days on market | 47 | 56 |
Nov 6, 2026
$775,000
$799,000
-3% Price Drop
Initial Listing
Sep 23, 2026
$799,000
Initial Listing
Jan 29, 2003
$160,000
Public Record