224 W 107th, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath

224 W 107th, Los Angeles, California 90003 home-pic-0
ACTIVE$875,000
224 W 107th, Los Angeles, California 90003
0Bed
0Bath
2,738Sqft
5,318Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Potential: This duplex offers significant flexibility for income generation, allowing an owner to live in one unit and rent the other, or lease both for maximum returns. The vacant rear unit is ideal for immediate owner-occupancy.
Top Cons:
Tenant-Occupied Unit: The front unit is currently tenant-occupied, which, while providing immediate income, may present challenges for a new owner regarding lease terms, tenant management, or if the buyer intends to occupy both units immediately.

Compared to the nearby listings

Price:$875.0K vs avg $750.0K (+$125,000)69%
Size:2,738 sqft vs avg 1,902.5 sqft83%
Price/sqft:$320 vs avg $36531%

More Insights

Built in 1965 (60 years old).
Condition: Built in 1965, this property has undergone extensive recent renovations, making it move-in ready. The kitchen features modern white shaker cabinets, designer countertops, and new stainless steel appliances. The interior boasts new laminate flooring, fresh paint, modern recessed lighting, and new windows. The exterior is also freshly painted, enhancing curb appeal. However, the underlying infrastructure is still from 1965, and the property lacks central air conditioning, relying on wall heaters, which prevents an 'Excellent' rating despite the significant cosmetic and functional upgrades.
Year Built
1965
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$320
HOA
-
Days on market
-
Sold On
-
MLS number
MB25251586
Home ConditionGood
Features
Patio
View-

About this home

Live Smart—Rent One, Live in the Other! Discover an incredible duplex for sale in Los Angeles, offering a combined 2,738 sq. ft. of living space on a 5,317 sq. ft. R2-zoned lot. Priced under $320 per square foot (garage not included), this multi-unit income property is perfect for both first-time homebuyers and investors. Live in one unit and rent the other, or lease both for maximum returns. The front unit offers 3 bedrooms and 2 bathrooms, currently tenant-occupied with potential vacancy, providing flexibility for future use or investment strategies. The rear unit (VACANT) is move-in ready and ideal for owner occupancy, featuring a practical two-story layout with 2 bedrooms upstairs and a living room, kitchen, 1.5 bathrooms, and laundry area on the main floor. Recent upgrades include new windows, laminate flooring, two-tone interior paint, modern fixtures, and ceiling fans. The chef’s kitchen showcases a designer countertop and stainless steel appliances for a modern, turnkey feel. The exterior has been freshly painted, adding strong curb appeal and showcasing pride of ownership. A long driveway provides generous parking and leads to a 2-car detached garage, offering ADU potential to expand living space or generate additional income. This Los Angeles multi-family property is ideal for owner-users, multi-generational families, or 1031 exchange buyers looking for a solid investment in a convenient location. Schedule your private showing today and see why this duplex stands out!

Price History

Date
Event
Price
03/23/12
Sold
$195,000
12/17/04
Sold
$401,000
07/09/04
Sold
$333,000
Condition Rating
Good

Built in 1965, this property has undergone extensive recent renovations, making it move-in ready. The kitchen features modern white shaker cabinets, designer countertops, and new stainless steel appliances. The interior boasts new laminate flooring, fresh paint, modern recessed lighting, and new windows. The exterior is also freshly painted, enhancing curb appeal. However, the underlying infrastructure is still from 1965, and the property lacks central air conditioning, relying on wall heaters, which prevents an 'Excellent' rating despite the significant cosmetic and functional upgrades.
Pros & Cons

Pros

Income-Generating Potential: This duplex offers significant flexibility for income generation, allowing an owner to live in one unit and rent the other, or lease both for maximum returns. The vacant rear unit is ideal for immediate owner-occupancy.
Extensive Recent Upgrades: The property has undergone substantial recent renovations, including new windows, laminate flooring, two-tone interior paint, modern fixtures, ceiling fans, and a chef’s kitchen with designer countertops and stainless steel appliances, providing a modern, turnkey feel.
ADU Potential: The 2-car detached garage presents excellent Accessory Dwelling Unit (ADU) potential, offering a clear path to expand living space or generate additional rental income, significantly enhancing future value.
Competitive Price Point: Priced under $320 per square foot (excluding the garage), this multi-unit property offers a competitive entry point for investors and owner-users in the Los Angeles market.
Strong Curb Appeal & Move-in Ready: The freshly painted exterior contributes to strong curb appeal, and the vacant rear unit is move-in ready, appealing to buyers seeking immediate occupancy without additional renovation costs.

Cons

Tenant-Occupied Unit: The front unit is currently tenant-occupied, which, while providing immediate income, may present challenges for a new owner regarding lease terms, tenant management, or if the buyer intends to occupy both units immediately.
Age of Property: Built in 1965, the property is nearly 60 years old. While many cosmetic and functional upgrades have been made, older infrastructure (e.g., plumbing, electrical systems not explicitly mentioned as upgraded) could lead to unforeseen maintenance or repair costs in the future.
Lack of Central Air Conditioning (Implied): The mention of 'ceiling fans' as a recent upgrade often implies the absence of central air conditioning, which could be a drawback for comfort during Los Angeles's hotter months and may impact tenant desirability or resale value for some buyers.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state