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
$618,566
3% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $640,000—positioned well above the $617,320 Fair Market Value by -3%. Featuring a 1,804 sqft layout with a flexible floor plan, the home carries a Condition Rating of 5, indicating a need for comprehensive modernization. While the vintage infrastructure requires capital expenditure, the strategic location offers a straightforward commute to Downtown Los Angeles. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project.
Estimated Market Value
$618,566
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 | $640,000* List Price | 3 | 2 | 1,804 | $343 | - |
A 451 E 111th Sold | $564,777 | 4 | 3 | 1,800 | $314 | 0.3 mi |
B 142 W 110th Street Sold | $625,000 | 3 | 2 | 1,440 | $434 | 0.3 mi |
C 329 E 109th Sold | $500,000 | 3 | 2 | 1,142 | $438 | 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 with interior finishes (wood paneling, popcorn ceilings, diner-style bar) appearing to be 40+ years old. The listing explicitly states the property 'needs TLC,' signaling that the kitchen, baths, and major systems likely require a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Generous Living Space
With 1,804 square feet of interior space including a family room, formal dining area, and a large kitchen, this home offers a spacious and flexible layout that is rare for the area.
- Strategic Commuter Location
The property is ideally situated with easy freeway access, providing a straightforward and convenient commute to Downtown Los Angeles and surrounding employment hubs.
- Value-Add Opportunity
As a property requiring TLC, it presents a significant opportunity for investors or owner-occupants to build equity through customization and modern renovations.
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 Renovations
The home is noted as needing 'TLC,' which implies immediate capital expenditure will be necessary to address repairs and aesthetic updates.
- Vintage Infrastructure
Built in 1925, the property's age may present challenges with older building systems and structural components that could require costly modernization.
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 | 1,664.159 |
| Lot Size | 3,918 | 6,066.556 |
| Price | $640.0K | $1.35M |
| Price per sq ft | $355 | $806 |
| Built year | 1925 | 1939 |
| HOA | $0 | $278 |
| Days on market | 36 | 55 |
Pricing History
Listed for Sale
Aug 4, 2026
$640,000
Initial Listing
Sold
Nov 7, 2022
$475,000
Public Record