234 E 111th Street, Los Angeles, California 90061, Los Angeles, 90061 - 3 bed, 2 bath
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234 E 111th Street
Los Angeles, California 90061
ACTIVE UNDER CONTRACT
CONDITION: POOR
3Beds
2Baths
1,804Sq Ft
3,918Lot Size
Property Price
LIST PRICE$640,000
EST. MARKET VALUE
$625,088
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $640,000—positioned well below the $619,778 Fair Market Value by -3%. While the property requires significant capital improvements due to its Condition Rating of 5, the 1,804 square foot layout provides a substantial footprint for modernization. The home offers a strategic commuter location with easy freeway access to Downtown Los Angeles. This asset is ideal for Fix-and-Flip Investors or Contractors seeking to build equity through comprehensive renovation and value-add strategies.
Estimated Market Value
$625,088
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 |
|---|---|---|---|---|---|---|
★ 234 E 111th Street Subject 3 bd · 2 ba · 1,804 sqft · $347 | $640,000* List Price | 3 | 2 | 1,804 | $347 | - |
A 451 E 111th Sold 4 bd · 3 ba · 1,800 sqft · $314 · 0.3 mi | $564,777 | 4 | 3 | 1,800 | $314 | 0.3 mi |
B 142 W 110th Street Sold 3 bd · 2 ba · 1,440 sqft · $434 · 0.3 mi | $625,000 | 3 | 2 | 1,440 | $434 | 0.3 mi |
C 329 E 109th Sold 3 bd · 2 ba · 1,142 sqft · $438 · 0.2 mi | $500,000 | 3 | 2 | 1,142 | $438 | 0.2 mi |
D 163 E 109th Place Active 3 bd · 2 ba · 1,822 sqft · $425 · 0.2 mi | $775,000 List Price | 3 | 2 | 1,822 | $425 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1925, this property shows significant age with a kitchen and bathrooms that appear to be 30-50 years old. The listing explicitly states the home 'needs TLC,' which typically indicates a need for rehabilitation. While there are some minor updates like laminate flooring, the popcorn ceilings, dated wood cabinetry, and vintage tile work suggest that major systems and finishes require significant investment to meet modern safety and aesthetic standards.
PROSSTRENGTHS & OPPORTUNITIES
- Generous Living Space
With 1,804 square feet of interior space, this home offers a significantly larger footprint than many standard three-bedroom residences in the area, featuring a formal dining room and a dedicated family room.
- Strategic Commuter Location
The property is ideally situated with easy freeway access, providing a straightforward and efficient commute to Downtown Los Angeles and surrounding employment hubs.
- Significant Value-Add Potential
The 'needs TLC' status presents a prime opportunity for investors or owner-users to build immediate sweat equity through customization and modernization of the existing structure.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Required Capital Improvements
The property requires noticeable repairs and updates, which will necessitate additional upfront investment beyond the purchase price to bring it to modern living standards.
- Vintage Infrastructure
Originally built in 1925, the home may possess aging systems or structural elements that could require costly upgrades to meet current building codes and energy efficiency requirements.
About 234 E 111th Street
Welcome to 234 E 111th St in Los Angeles—this spacious two-story home offers 3 bedrooms and 2 full baths with a flexible layout and plenty of potential. The large kitchen features a breakfast bar with diner-style seating and opens to generous living spaces including a family room, formal dining area, and living room. One bedroom and a full bath are located on the main level, with two additional bedrooms upstairs that share a full bath, including the primary bedroom. Ample parking adds everyday convenience. Ideally located with easy freeway access and a straightforward commute to Downtown Los Angeles. Property needs TLC—an excellent opportunity to customize and add value.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 3,918 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,804 | 1,670.836 |
| Lot Size | 3,918 | 6,152.156 |
| Price | $640.0K | $1.34M |
| Price per sq ft | $355 | $807 |
| Built year | 1925 | 1941 |
| HOA | $0 | $238 |
| Days on market | 97 | 56 |
Pricing History
Listed for Sale
Aug 4, 2026
$640,000
Initial Listing
Sold
Nov 7, 2022
$475,000
Public Record