1954 E 113th, Los Angeles, California 90059, Los Angeles, 90059 - 3 bed, 2 bath
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Los Angeles, California 90059
This Probate Investment Asset represents a High-Potential Investment Opportunity with a List Price of $515,000, positioned accurately alongside its $510,129 Fair Market Value. Marketed as a significant TLC project with a Condition Rating of 5, the property offers a functional 3-bedroom, 2-bathroom layout on a generous 6,860 sqft lot featuring a private patio. Proximity to the 9/10 rated Compton Early College High enhances the long-term exit strategy. This strategic acquisition is perfectly suited for Fix-and-Flip Investors or Contractors looking to capitalize on forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1954 E 113th Subject | $515,000* List Price | 3 | 2 | 1,470 | $293 | - |
A 11121 Compton Avenue Sold | $645,000 | 4 | 3 | 1,652 | $390 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948, this probate property is explicitly marketed as a 'TLC project' for investors. The interior shows significant deferred maintenance with an outdated kitchen and bathrooms that likely haven't been renovated in over 30 years. The property requires substantial rehabilitation, including updates to flooring, fixtures, and likely major systems, to be brought up to modern standards.
High School: Compton Early College High (9/10).
Priced substantially below its original list price and marketed as a TLC project, this property offers a prime opportunity for investors or flip-oriented buyers to build equity through renovation.
The 6,860 square foot lot provides ample outdoor space for potential expansions, ADU development, or private landscaping, which is a premium feature in the Los Angeles market.
As a probate listing requiring significant repairs, the property likely needs substantial capital investment and may involve a more complex closing process than a standard sale.
The majority of the immediate neighborhood schools carry low performance ratings, which could be a deterrent for families prioritizing educational quality and may impact future resale value.
Probate Listing.. Nice Single Family Residence in the heart of Los Angeles.. this 3 bedroom 2 bath home is crying for a nice loving family who will make this house a Home. Nearby shopping area, FWY, Stores, Schools and much more, Come by and don't miss this great opportunity with lots of potentials, great for investors and do it yourself TLC projects.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.5 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 | 2.0 | 2.0 | 50% |
| Square foot | 1,470 | 1,080.5 | 74% |
| Lot Size | 6,860 | 5,144.5 | 88% |
| Price | $515.0K | $620.8K | 18% |
| Price per sq ft | $350 | $540 | 10% |
| Built year | 1948 | 1945 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 134 | 164 | 34% |
Feb 21, 2026
$515,000
$500,000
+3% Price Increase
Initial Listing
Feb 8, 2026
$500,000
$569,000
-12% Price Drop
Initial Listing
Jan 10, 2026
$569,000
$599,000
-5% Price Drop
Initial Listing
Jan 9, 2026
$599,000
$645,000
-7% Price Drop
Initial Listing
Dec 9, 2025
$645,000
Initial Listing