224 E 98th Street, Los Angeles, California 90003, Los Angeles, 90003 - 5 bed, 2 bath
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224 E 98th Street
Los Angeles, California 90003
ACTIVE
CONDITION: EXCELLENT
5Beds
2Baths
1,300Sq Ft
3,267Lot Size
Property Price
LIST PRICE$599,900
EST. MARKET VALUE
$600,927
SUMMARY
This Dual-Unit Residential Asset is a Strong Value Opportunity, listed at $599,900—positioned well below the $600,927 Fair Market Value by 0.17%. This property offers $1,027 in Instant Equity. Featuring a Condition Rating of 2, the home includes a fully remodeled kitchen with granite countertops and new laminate flooring. Its unique configuration as two separate units provides significant versatility for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Estimated Market Value
$600,927
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 224 E 98th Street Subject 5 bd · 2 ba · 1,300 sqft · $462 | $599,900* List Price | 5 | 2 | 1,300 | $462 | - |
A 10105 S Main St Sold 3 bd · 3 ba · 1,401 sqft · $503 · 0.3 mi | $705,000 | 3 | 3 | 1,401 | $503 | 0.3 mi |
B 8912 Mettler Sold 4 bd · 2 ba · 1,288 sqft · $404 · 0.6 mi | $520,000 | 4 | 2 | 1,288 | $404 | 0.6 mi |
C 428 W 98th Active Under Contract 3 bd · 2 ba · 1,300 sqft · $481 · 0.6 mi | $625,000 List Price | 3 | 2 | 1,300 | $481 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1916, the property has undergone a complete top-to-bottom remodel. It features a brand new kitchen with granite countertops and shaker cabinets, new laminate wood flooring throughout, and fully updated bathrooms with new tile and vanities. The exterior also boasts new sod and irrigation, fitting the criteria for a recent renovation under 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The property is uniquely configured as two separate units with private entrances, offering an excellent opportunity for house-hacking or generating rental income to offset mortgage costs.
- Turnkey Renovations
The home features extensive modern upgrades, including brand new laminate flooring, a fully remodeled kitchen with granite countertops, and updated bathrooms, ensuring a move-in-ready experience.
- High Utility Layout
With 5 bedrooms and a separate living area, the floor plan maximizes the square footage to accommodate large families or multiple tenants, providing significant versatility.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1300, other record living area = 1096. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Recently Sold Property
The property was recently sold within the past year on 2026-02-12. The sold price is $425,000.00.
- High Density Living
Fitting 5 bedrooms and two separate living spaces into 1,300 square feet results in a high-density environment with potentially small individual room sizes and limited common areas.
About 224 E 98th Street
SINGLE FAMILY RESIDENCE MADE INTO TWO SEPARATE UNITS! LIVE IN ONE RENT THE OTHER! Come see this absolutely stunning fully remodeled single family residence consisting of a total of 5 bedrooms and 2 full bathrooms! In addition to the 4 bedroom, 2 bathroom MAIN HOUSE which features bedrooms and bathrooms both upstairs and downstairs, there is a very a large SEPARATE living space WITH ITS OWN PRIVATE ENTRANCE. Both living spaces are are extremely spacious and beautifully laid out! The total amount of square footage of this property is approximately 1,300 sq ft on a large 3,267 square foot lot! As you enter the house you will notice the gorgeous brand new laminate wood flooring throughout the entire property along brand new tile and vanities in each bathroom. Next you are immediately drawn to the fully remodeled kitchen! This spacious kitchen also features beautiful granite countertops and brand new soft close shaker cabinets. Continuing to make your way through the home, you’ll discover each bedroom is very generous in size including the PRIMARY SUITE and they all offer an ample amount of closet space. Upon entering the backyard you will find BRAND NEW SOD and IRRIGATION SYSTEM. This property is conveniently located near schools, shopping, parks and freeways, this one is definitely a MUST SEE! Priced to sell, it’s going to go quickly so schedule a tour today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1916
- Lot Size
- 3,267 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,300 | 1,670.836 |
| Lot Size | 3,267 | 6,152.156 |
| Price | $599.9K | $1.34M |
| Price per sq ft | $461 | $807 |
| Built year | 1916 | 1941 |
| HOA | $0 | $238 |
| Days on market | 10 | 56 |
Pricing History
Listed for Sale
Oct 30, 2026
$599,900
Initial Listing
Sold
Feb 12, 2026
$425,000
Public Record
Sold
Sep 27, 2006
$355,000
Public Record