2106 E 113th, Los Angeles, California 90059, Los Angeles, 90059 - 0 bed, 0 bath
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Los Angeles, California 90059
This Income-Producing Triplex presents a Strong Value Opportunity with a List Price of $950,000—positioned well below the $1,009,801 Fair Market Value by 5%. This valuation gap offers $59,801 in Instant Equity for buyers. While currently holding a Condition Rating of 4, the property includes Ready-To-Issue (RTI) Plans for a detached ADU and unit expansion on a massive 10,295 SF Lot. Located near SoFi Stadium and the 9/10 rated Compton Early College High, this asset is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2106 E 113th Subject | $950,000* List Price | 0 | 0 | 2,551 | $396 | - |
A 1803 E 109th Place Sold | $735,000 | 0 | 0 | 2,616 | $281 | 0.4 mi |
B 10807 Compton Avenue Sold | $750,000 | 5 | 3 | 2,122 | $353 | 0.7 mi |
C 1317 E 108th Street Sold | $865,000 | 3 | 2 | 1,973 | $438 | 1.0 mi |
D 1571 E 118th Sold | $910,000 | 6 | 3 | 1,954 | $466 | 0.9 mi |
E 1626 E 108th Street Sold | $715,000 | 0 | 0 | 2,239 | $319 | 0.6 mi |
F 1419 E 111th Pending | $899,000 List Price | 0 | 0 | 2,659 | $338 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1954, is a vintage triplex that shows a mix of conditions. While at least one unit has been refreshed with modern laminate flooring and new paint, the exterior and overall infrastructure show significant signs of age, including dated stucco, older windows with security bars, and exposed utility conduits. It is functional and maintained but requires modernization and updates to the older components to reach its full potential, aligning with the listing's description as a value-add opportunity.
The property includes fully approved, Ready-To-Issue (RTI) plans for a detached 3-bedroom ADU and a unit expansion, bypassing lengthy city entitlement processes for immediate value-add.
Listed at $372.40 per square foot, the property is priced substantially below the market average of $475.62, offering immediate upside and a competitive entry point for investors.
Situated near major Los Angeles landmarks including SoFi Stadium and the Intuit Dome, the property is positioned to benefit from massive regional infrastructure investment and high tenant demand.
While the plans are ready, the buyer will need to secure significant additional financing and manage a major construction project to realize the property's full income potential.
Built in 1954, the existing units may require modernization of core systems and finishes to remain competitive with the brand-new ADU and surrounding developments.
Amazing Owner-User or 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. One of the 2-bedroom/1-bathroom units will be delivered entirely vacant! Live in One unit and cash-flow via the two rented units! 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 to increase to 1,204sqft! 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. Perfect owner-user or Investment Opportunity with immediate upside for market-rate leasing. Unmatched Value-Add Potential. This property offers the ultimate blank canvas for investors or owner-users to immediately drive cash flow and force appreciation. Listed at just $372.40/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.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 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 | 2,551 | 2,239 | 60% |
| Lot Size | 10,295 | 5,692 | 93% |
| Price | $950.0K | $769.0K | 73% |
| Price per sq ft | $372 | $372 | 50% |
| Built year | 1954 | 1949 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 195 | 7% |
Apr 8, 2026
$950,000
Initial Listing
Oct 9, 2015
$250,000
Public Record
Feb 25, 2015
$145,000
Public Record