2104 E 113th, Los Angeles, California 90059, Los Angeles, 90059 - bed, bath
2104 E 113th
Los Angeles, California 90059
Property Price
SUMMARY
Analysis of 2104 E 113th, Los Angeles, California 90059 is currently available with a list price of $1,050,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1954, this property is marketed as a 'blank canvas' and 'value-add' investment, indicating that the existing structures require substantial rehabilitation and modernization. The listing's emphasis on 'Ready-To-Issue' plans for new construction and the need for significant liquid capital to update the 70-year-old units suggests that the current kitchen, bathrooms, and major systems are likely outdated or in disrepair, falling short of move-in ready standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Compton Early College High (9/10).
- Ready-To-Issue Development Plans
The property includes fully approved RTI plans for a new 1,019 SF detached ADU and a 538 SF unit expansion, allowing an investor to bypass the lengthy city entitlement process and immediately increase density to four units.
- Substantial Equity Upside
Listed at $411.60/SF, the property sits significantly below the market average of $475.62/SF, offering immediate forced appreciation potential through the massive 10,295 SF lot and the delivery of one vacant unit at market rates.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The majority of the surrounding public schools are rated between 2 and 4, which may limit the property's appeal to long-term family tenants and impact future resale value to owner-users.
- Significant Capital Requirement
While the RTI plans offer great potential, the 'value-add' nature requires the buyer to have substantial liquid capital available for immediate construction and modernization of the 1954-built structures.
About 2104 E 113th
An exceptional value-add investment opportunity awaits at 2104 E 113th St, an income-producing 3-unit property situated on a massive 10,295 SF lot in a rapidly appreciating Los Angeles submarket. Unmatched Value-Add Potential This property offers the ultimate blank canvas for investors or owner-users to immediately drive cash flow and force appreciation. One of the 2-bedroom/1-bathroom units will be delivered entirely vacant, providing immediate upside for market-rate leasing. The true crown jewel of this offering, however, is the fully approved, Ready-To-Issue (RTI) plans (See Attached). The site is shovel-ready to construct a brand new 1,019 SF detached 3-bedroom/2-bathroom ADU, alongside a 538 SF expansion to an existing 2-bedroom unit. This allows an investor to effortlessly transform the asset into a high-yielding, 4-unit compound without the typical delays of the city entitlement process. Listed at just $411.60/SF, the subject property offers a significant discount against the market average of $475.62/SF. Strategically located It sits just minutes from the monumental developments transforming Inglewood and the South Bay, including the $5 billion SoFi Stadium, the cutting-edge $2 billion Intuit Dome, and the sprawling 300-acre Hollywood Park entertainment district. With the 2028 Summer Olympics on the horizon and billions flowing into LAX infrastructure, this centralized hub is a magnet for highly qualified tenants and explosive economic growth
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1954
- Lot Size
- 10,295 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Grape Street Elementary School
Grades K-5 • 0.2 mi
Ritter Elementary School
Grades K-5 • 0.4 mi
Lovelia P. Flournoy Elementary School
Grades K-5 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,551 | 2,370 | 53% |
| Lot Size | 10,295 | 5,692 | 93% |
| Price | $1.05M | $856.0K | 67% |
| Price per sq ft | $412 | $357 | 67% |
| Built year | 1954 | 1949 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 176 | 7% |
Pricing History
Listed for Sale
Mar 5, 2026
$1,050,000
Initial Listing
Sold
May 12, 2020
$570,000
Public Record
Sold
Apr 1, 2013
$269,000
Public Record
Sold
Aug 31, 2012
$165,000
Public Record
Sold
Apr 15, 2004
$305,000
Public Record