
Los Angeles, California 90059
This property presents a Strong Value Opportunity with a List Price of $524,900—positioned well below the $487,820 Fair Market Value by -7%. While the home requires a full rehab given its Condition Rating of 5, the garage conversion offers immediate potential for an ADU or expanded living space. Located in the Los Angeles Unified district, the asset provides a strategic entry point for those seeking to force appreciation through renovation. This is an ideal acquisition for Fix-and-Flip Investors or Contractors focused on value-add projects.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1773 E 113th Subject | $524,900* List Price | 3 | 1 | 912 | $535 | - |
A 2459 E 111th Street Pending | $560,000 List Price | 3 | 2 | 1,080 | $519 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1957 (67+ years old) and the listing provides no evidence of renovations to the kitchen, bathroom, or major systems (HVAC/Electric). The exterior images show deferred maintenance, including cracked concrete walkways and an unkempt yard. While the agent describes it as 'ready,' the age and lack of documented updates suggest it requires a full rehab to meet modern standards.
High School: Compton Early College High (9/10).
Priced competitively at $524,900, this property offers a strong entry-level price point for a three-bedroom home in the Los Angeles market, making it attractive for first-time buyers and investors.
The property includes a garage conversion into living quarters, providing immediate extra functional space or the potential for a future ADU (Accessory Dwelling Unit) to increase property value.
With only one bathroom serving three bedrooms, the home's layout may be a significant drawback for larger families or those seeking modern convenience.
At just 912 square feet, the living space is quite small for a three-bedroom residence, which likely results in very modest bedroom sizes and limited common areas.
WOW!!!!!! WOW!!!!! WOW!!!! WOW!!!! TERRIFIC OPPORTUNITY IN SOUTH LOS ANGELES THIS ONE IT WILL NOT LAST LOOK AT THE SALES PRICE STANDARD SALE READY FOR YOUR BUYER 3BEDROOMS 1BATH I CAR GARAGE WITH CONVERSION TO QRTS IT HAS GOOD SIZE BACK YARD CLOSE FREEWAYS
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 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 | 41% |
| Square foot | 912 | 1,080 | 29% |
| Lot Size | 3,428 | 5,008 | 22% |
| Price | $524.9K | $635.0K | 16% |
| Price per sq ft | $576 | $547 | 55% |
| Built year | 1957 | 1945 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 151 | 2% |
May 15, 2026
$524,900
Initial Listing
May 13, 2015
$220,000
Public Record
Feb 12, 2014
$180,000
Public Record
Mar 11, 2013
$95,000
Public Record
Jun 7, 1994
$46,000
Public Record