203 E 107th Street, Los Angeles, California 90003, Los Angeles, 90003 - 2 bed, 1 bath
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Los Angeles, California 90003
This Value-Add Development Asset is listed at $450,000, positioned near its $420,082 Fair Market Value. While the Century-Old Structure currently holds a Poor Condition Rating, the true value of this acquisition is the expansive 5,200 sqft lot which offers significant ADU development potential. Featuring Ample Parking and a strategic location near major Los Angeles freeways and schools, the property provides a foundation for forced appreciation and ROI through total renovation or expansion. This is an ideal project for Fix-and-Flip Investors or Contractors ready to capitalize on high rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 203 E 107th Street Subject | $450,000* List Price | 2 | 1 | 570 | $737 | - |
A 409 E 99th Street Pending | $449,000 List Price | 2 | 1 | 576 | $780 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1923 and over 100 years old with no mention of renovations; the structure appears dilapidated in images, and the listing focuses on lot value and investment potential rather than livability.
The generous 5,200 sqft lot offers significant upside for investors, providing ample room for expansion or the addition of a second unit/ADU to maximize rental income.
The property boasts excellent proximity to major freeways, schools, parks, and shopping centers, ensuring high demand and convenience for future residents.
Featuring extensive parking space, this property addresses a common pain point in Los Angeles, adding substantial functional value and convenience.
At only 570 sqft for a two-bedroom configuration, the living quarters are exceptionally small, which may limit the pool of traditional owner-occupant buyers.
Built in 1923, the home likely requires significant modernization of its core systems to meet current building codes and buyer expectations for energy efficiency.
Spacious lot close to parks, schools, shopping, and freeway access--perfect for investors looking for a property with room to grow. Lots of Parking space, potential 2nd unit and/or ADU.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 39% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 570 | 1,066 | 5% |
| Lot Size | 5,200 | 5,203 | 50% |
| Price | $450.0K | $607.5K | 18% |
| Price per sq ft | $789 | $530 | 93% |
| Built year | 1923 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 195 | 5% |
Apr 27, 2026
$450,000
Initial Listing