
Los Angeles, California 90059
This Spacious Traditional Home is a Prime Investment Opportunity, listed at $615,000—positioned well below the $636,588 Fair Market Value by 3%. This valuation gap offers $21,588 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the residence features a renovated kitchen and wood flooring, while the expansive 6,157 sqft lot provides significant ADU or expansion potential. With access to the 9/10 rated Compton Early College High, this property is an ideal match for Owner-Occupants or first-time buyers seeking financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1689 E 109th St Subject | $615,000* List Price | 3 | 1 | 1,089 | $585 | - |
A 2442 E 114th Street Sold | $599,900 | 3 | 2 | 1,000 | $600 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1948, the interior has undergone significant renovations within the last 5-10 years, particularly in the kitchen which features modern cabinetry, stone countertops, and stainless steel appliances. The home includes updated laminate flooring and recessed lighting throughout. Although it lacks central HVAC (utilizing wall heaters) and the bathroom tiling is slightly more dated, the property is functional, well-maintained, and move-in ready.
High School: Compton Early College High (9/10).
The property features a generous 6,157 sqft lot, providing ample space for potential ADU construction, home expansion, or redevelopment in a high-demand Los Angeles market.
The home offers a functional 3-bedroom footprint with the specific potential to add a 4th bedroom, complemented by a spacious kitchen designed for entertaining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
With only one bathroom serving a 3-to-4 bedroom home, the property may face challenges with larger families and may require additional plumbing investment to meet modern standards.
The majority of the immediate elementary and middle schools carry low performance ratings (2-3), which could limit the property's appeal to education-focused families.
Charming 3-bedroom home with potential for a 4th bedroom, ideally situated on a generously sized lot in Los Angeles with excellent opportunity to expand or build. Featuring warm wood flooring and a cozy, inviting atmosphere, the home offers a spacious kitchen perfect for any cook who loves to entertain. Conveniently located near shopping, dining, and major freeways, this property is a fantastic opportunity for both homeowners and investors. Come see it for yourself before it GONE!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 42% |
| Square foot | 1,089 | 1,080.5 | 52% |
| Lot Size | 6,157 | 5,144.5 | 72% |
| Price | $615.0K | $620.8K | 48% |
| Price per sq ft | $565 | $549 | 54% |
| Built year | 1948 | 1945 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 164 | 2% |
Apr 17, 2026
$615,000
Initial Listing
Nov 28, 2023
$575,000
Public Record
Jan 13, 2012
$110,000
Public Record