2438 E 114th, Los Angeles, California 90059, Los Angeles, 90059 - 3 bed, 2 bath
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Los Angeles, California 90059
This property presents a High-Potential Investment Opportunity with a List Price of $645,000—positioned well above the $538,018 Fair Market Value by -19%. Featuring a Condition Rating of 5, this 1927 build requires a full interior rehab, yet offers significant upside through its 6,286 sqft lot and ADU potential. With dual entry points via a long driveway and rear alley, the asset provides excellent versatility. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking to maximize value through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2438 E 114th Subject | $645,000* List Price | 3 | 2 | 1,386 | $388 | - |
A 11422 Willowbrook Active | $575,000 List Price | 3 | 1 | 1,465 | $392 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1927, this property is nearly a century old and shows significant deferred maintenance. The kitchen is in poor condition with missing cabinet doors and dated fixtures, and the 'as-is' sale status combined with popcorn ceilings and aging systems indicates a need for a full interior rehab.
High School: Compton Early College High (9/10).
The property features a generous 6,286 sqft lot with a detached garage and rear alley access, offering significant potential for an Accessory Dwelling Unit (ADU) to maximize rental income or property value.
Boasting dual entry points via a long front driveway and a rear alley, the property provides versatile and ample parking options, which is a highly sought-after feature in Los Angeles.
The property is being sold in 'as-is' condition and utilizes virtually staged photos, suggesting that immediate capital improvements or repairs may be necessary for the buyer.
Most of the immediate neighborhood public schools have low performance ratings (ranging from 2 to 3), which may be a concern for families prioritizing high-ranking educational facilities.
Great VERSATILE Home on a Large Lot and LOTS of PARKING! Fantastic starter or investment home with 2 car entry points; LONG DRIVEWAY in front and through the rear alley. Detached garage with ADU POTENTIAL! High Barrel Ceiling in the living room opens to a large kitchen with eating area. ***Some virtually staged photos. Buyer is advised to verify the accuracy of all information through personal inspection and with appropriate professionals.*** MUST SEE! AS-IS SALE
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades PK-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,386 | 1,088 | 63% |
| Lot Size | 6,286 | 5,048.5 | 87% |
| Price | $645.0K | $637.5K | 54% |
| Price per sq ft | $465 | $549 | 35% |
| Built year | 1927 | 1945 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 158 | 2% |
May 20, 2026
$645,000
Initial Listing
Dec 9, 2016
$320,000
Public Record
Aug 8, 2013
$200,000
Public Record
Jun 23, 2011
$110,000
Public Record
Nov 28, 2005
$365,000
Public Record
Jul 29, 2005
$265,000
Public Record