
Los Angeles, California 90061
This property presents a Strong Value Opportunity with a List Price of $550,000—positioned well below the $509,420 Fair Market Value by -7%. While the home carries a Fair Condition Rating due to its 1925 vintage, the 3,916 sqft lot and detached garage offer significant ADU conversion potential to drive rental income. This asset is ideal for Buy-and-Hold Investors or first-time buyers looking to leverage a central Los Angeles location to build long-term equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 201 E 111th Place Subject 2 bd · 1 ba · 752 sqft · $619 | $469,999* List Price | 2 | 1 | 752 | $619 | - |
A 123 E 108th Street Sold 3 bd · 2 ba · 878 sqft · $592 · 0.3 mi | $520,000 | 3 | 2 | 878 | $592 | 0.3 mi |
B 11513 S San Pedro Sold 3 bd · 2 ba · 1,020 sqft · $551 · 0.3 mi | $562,000 | 3 | 2 | 1,020 | $551 | 0.3 mi |
C 416 W 110th Active 3 bd · 3 ba · 880 sqft · $682 · 0.6 mi | $599,900 List Price | 3 | 3 | 880 | $682 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925, the property is functional but significantly dated. The kitchen and bathroom feature tile countertops and cabinetry likely renovated over 20 years ago. Systems appear dated, including a visible wall heater rather than central HVAC, and the interior shows popcorn ceilings and wear consistent with a home needing cosmetic and system updates.
The detached garage presents a significant opportunity for an Accessory Dwelling Unit (ADU) conversion, allowing owners to generate rental income or increase the property's overall value.
The property features a generous 3,916 sqft lot with artificial turf and a freshly painted exterior, offering attractive curb appeal without the burden of high water costs or intensive landscaping.
Priced at $550,000, this home offers a rare and affordable entry point into the Los Angeles single-family market, providing strong upside potential for first-time buyers or investors.
At just 752 square feet, the living space is quite compact, which may be a drawback for families or buyers requiring more room for storage and daily activities.
Built in 1925, the home's vintage construction may require future investments in modernizing systems like plumbing, electrical, or insulation to meet current efficiency standards.
Welcome to 201 E 111th Pl, a charming 1925 built single-family home situated in the heart of Southeast Los Angeles, offering a rare combination of character, outdoor space, and serious upside potential at an accessible price point in LA County. With a freshly painted exterior, a low maintenance artificial grass backyard, and a detached garage with strong ADU conversion potential, this property delivers immediate livability and long-term investment value that buyers will recognize right away. The home sits on a 3,916 square foot lot, generous for this part of Los Angeles, and the backyard artificial grass keeps things clean, green, and maintenance free year round. The detached garage is where the real opportunity lives. For the right buyer, this structure represents a legitimate path toward building a detached ADU, creating a rental income stream that helps offset the mortgage from day one. Buyer to verify permits and feasibility with the City of Los Angeles, but the bones are already there. At 752 square feet with 2 bedrooms and 1 bathroom, this home is smart and efficient, and if you are ready to plant roots in Los Angeles, an investor looking for a property with genuine upside, or anyone who understands that land and location in LA are what hold and build value over time. The 1925 build year gives this home the kind of character and solid construction that newer tract homes simply do not replicate. Located within the Los Angeles Unified School District, with One Hundred Seventh Street Elementary School and Samuel Gompers Middle School both nearby. Los Angeles Southwest College is just 2.2 miles away, making this a practical location for students and educators alike. Watts Towers Rodia State Park, local shopping, restaurants, and easy freeway access to the 110 and 105 put the greater Los Angeles area well within reach from this central Southeast LA location. Priced at $469,999 with ADU potential, a sizable lot, and a location that puts you right in the middle of Los Angeles. Schedule your private showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 752 | 1,670.836 |
| Lot Size | 3,916 | 6,152.156 |
| Price | $470.0K | $1.34M |
| Price per sq ft | $625 | $807 |
| Built year | 1925 | 1941 |
| HOA | $0 | $238 |
| Days on market | 40 | 56 |
Nov 7, 2026
$469,999
$499,999
-6% Price Drop
Initial Listing
Oct 20, 2026
$499,999
$525,000
-5% Price Drop
Initial Listing
Oct 14, 2026
$525,000
$550,000
-5% Price Drop
Initial Listing
Sep 30, 2026
$550,000
Initial Listing
Jul 13, 1990
$70,000
Public Record