228 E 103 Street, Los Angeles, California 90003, Los Angeles, 90003 - 2 bed, 1 bath
228 E 103 Street
Los Angeles, California 90003
Property Price
SUMMARY
Analysis of 228 E 103 Street, Los Angeles, California 90003 reveals a Prime Investment Opportunity with a current list price of $454,999—significantly undercutting the $485,967 Fair Market Value by 6%. This valuation gap indicates a +$30,968 Instant Equity potential for buyers. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 228 E 103 Street Subject | $454,999* List Price | 2 | 1 | 858 | $566 | - |
A 154 W 104th Street Sold | $404,250 | 2 | 2 | 968 | $418 | 0.3 mi |
B 317 W 107th Street Sold | $425,000 | 2 | 1 | 866 | $491 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1923, this property is explicitly marketed as a renovation opportunity and sold in 'as-is' condition. The interior is significantly dated, featuring an old kitchen with worn tiling, aged wall heaters, and flooring that requires replacement. The property needs substantial rehabilitation and modernization of major systems to meet current safety and quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Parking
The property features an exceptionally long driveway that can accommodate more than five vehicles, providing rare and valuable off-street parking for the area.
- Value-Add Potential
Marketed as a renovation opportunity with an additional bonus room, this home allows investors or owner-occupants to build significant equity through customization and modernization.
- Spacious Outdoor Living
The generous 5,586 square foot lot includes mature fruit trees and a large backyard, offering ample space for outdoor entertaining, gardening, or potential future expansion.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold in its current state and requires significant TLC and updates, which may necessitate immediate capital expenditure and limit certain financing options.
- Dated Infrastructure
Originally built in 1923, the home's age suggests that major systems such as electrical, plumbing, and roofing may require inspection and modernization to meet current building standards.
About 228 E 103 Street
Welcome to an exciting renovation opportunity in Southeast Los Angeles! Opportunity awaits! This 2-bedroom 1-bathroom with a bonus room home offers great potential for investors, renovators, or buyers looking to customize their own space. Situated on a property featuring beautiful fruit tree. Long drive that fits up to 5+ cars. The interior is ready for updates and improvements and is being sold (AS/IS) CONDITION. With some TLC, this property can truly shine. Convenient location with room to add value and make it your own. Don’t miss this chance to transform this hidden gem! The spacious backyard offers peace and tranquility and the opportunity to have great gatherings with family and friends, dining al fresco. Don’t miss out the opportunity to own this beauty! Request a private viewing today!!! A fantastic opportunity that will not be available for long, so bring your clients and see it for yourself!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 5,586 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 36% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 858 | 1,098 | 19% |
| Lot Size | 5,586 | 5,207.5 | 90% |
| Price | $455.0K | $615.0K | 21% |
| Price per sq ft | $530 | $506 | 60% |
| Built year | 1923 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 208 | 5% |
Pricing History
Listed for Sale
Mar 2, 2026
$454,999
Initial Listing
Sold
Sep 30, 2009
$80,000
Public Record
Sold
Jul 25, 2006
$410,000
Public Record