
Los Angeles, California 90061
This property presents a High-Potential Investment Opportunity with a List Price of $619,000—positioned well above the $575,154 Fair Market Value by 7%. While the property requires significant capital expenditure due to its Condition Rating of 5, the 5,235 sqft lot provides a prime foundation for ADU Development Potential. The current 4-bedroom, 1-bath layout necessitates a strategic reconfiguration to improve the bed-to-bath ratio. This is a value-add acquisition ideal for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 233 W 109th Subject | $619,000* List Price | 3 | 1 | 1,254 | $459 | - |
A 142 W 110th Street Sold | $625,000 | 3 | 2 | 1,440 | $434 | 0.2 mi |
B 123 E 108th Street Sold | $520,000 | 3 | 2 | 878 | $592 | 0.3 mi |
C 329 E 109th Sold | $500,000 | 3 | 2 | 1,142 | $438 | 0.5 mi |
D 143 W 110th Street Sold | $635,000 | 3 | 1 | 1,264 | $502 | 0.2 mi |
E 315 W 120th Street Sold | $450,000 | 3 | 1 | 956 | $471 | 0.9 mi |
F 210 W 113th Sold | $455,000 | 4 | 1 | 1,068 | $426 | 0.4 mi |
G 127 W 111th St Pending | $599,000 List Price | 3 | 2 | 1,148 | $522 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922 (102 years old) with no recorded renovations, exceeding the 30-50 year threshold for major rehab. The listing's emphasis on 'potential,' a 'motivated seller,' and instructions not to disturb occupants strongly indicates significant deferred maintenance and the need for a complete overhaul of the kitchen, baths, and systems.
The property features a 5,235 sqft lot with a detached two-car garage, providing a prime opportunity to add an Accessory Dwelling Unit (ADU) for increased value or rental income.
The listing explicitly states the seller is motivated and encourages all offers, suggesting a high degree of flexibility in price and terms during negotiations.
Despite its age, the home offers a large living room and a spacious primary bedroom, providing a solid foundation for a modern interior reconfiguration.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1254, other record living area = 702. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
With four bedrooms but only one bathroom, the current configuration is underserved for modern family needs and may require additional plumbing investment.
Built in 1922 and marketed as having 'lots of potential,' the property likely requires substantial updates to its core systems and finishes to meet contemporary standards.
Great Opportunity - This is a 4 Bedroom Home with 1254sqft with Large Living Room, Spacious Primary Bedroom and a 2 Car Detached Garage * * Lots of Potential...Centrally Located and Seller is Motivated * * Opportunity to add an ADU * * Send All Offers - Do NOT disturb the Occupants
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,254 | 1,664.159 |
| Lot Size | 5,235 | 6,066.556 |
| Price | $619.0K | $1.35M |
| Price per sq ft | $494 | $806 |
| Built year | 1922 | 1939 |
| HOA | $0 | $278 |
| Days on market | 13 | 55 |
Aug 27, 2026
$619,000
Initial Listing
May 5, 2004
$150,000
Public Record