1832 E 108th 2, Los Angeles, California 90059, Los Angeles, 90059 - 0 bed, 0 bath
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Los Angeles, California 90059
This Value-Add Residential Income Duplex is a Strong Value Opportunity, listed at $690,000—positioned well below the $737,077 Fair Market Value by 6%. This valuation gap provides $47,077 in Instant Equity for incoming buyers. While maintaining a functional Condition Score of 4, the property offers significant upside through cosmetic modernization and development on the generous 6,262 sqft lot with LA R2 Zoning. Proximity to the 9/10 rated Compton Early College High drives strong long-term tenant demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack and build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1832 E 108th 2 Subject | $690,000* List Price | 0 | 0 | 1,500 | $491 | - |
A 1764 E 113th Sold | $525,000 | 0 | 0 | 1,101 | $477 | 0.4 mi |
B 10752 Weigand Avenue Sold | $650,000 | 0 | 0 | 1,700 | $382 | 0.6 mi |
C 11306 Alvaro Street Sold | $769,000 | 0 | 0 | 1,340 | $574 | 0.9 mi |
D 10931 Anzac Active | $590,000 List Price | 0 | 0 | 1,188 | $497 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949, this duplex is well-maintained but shows its age with mostly dated features. The kitchen has been partially updated with newer appliances and painted cabinetry, and some rooms feature updated laminate flooring. However, the overall style, including basic light fixtures, older tile work, and exterior condition, indicates the property has undergone occasional upkeep rather than a full modern renovation. It is functional and livable but requires cosmetic and system updates to meet current market standards.
High School: Compton Early College High (9/10).
The property sits on a generous 6,262 sqft lot with LA R2 zoning, providing a significant opportunity for investors to add value by building additional units.
As a duplex, this residential income property offers the flexibility to 'house hack' by living in one unit while renting the other, or to lease both for maximum cash flow.
The majority of the assigned public schools in the immediate area have low performance ratings, which may be a deterrent for families with school-aged children.
Originally built in 1949, the structure may require more frequent maintenance or updates to aging systems compared to newer construction.
Located in the Watts area, the property may face challenges regarding market perception, which can impact long-term appreciation and the profile of the tenant pool.
Very nice units to invest with a big lot you can build more units with Zoning LA R2. Located near to the new shopping center of Alameda, boarder line with Lynwood near to school and all amenities. Rent one and live in one or rent both, these are a good investment. Any question call me.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,500 | 2,122 | 20% |
| Lot Size | 6,262 | 5,692 | 60% |
| Price | $690.0K | $750.0K | 27% |
| Price per sq ft | $460 | $382 | 73% |
| Built year | 1949 | 1949 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 75 | 195 | 20% |
Feb 6, 2026
$690,000
Initial Listing
Feb 22, 2008
$225,000
Public Record
Jan 12, 2006
$450,000
Public Record