302 W 107th Street, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
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Los Angeles, California 90003
This property represents a High-Potential Investment Opportunity, listed at $860,000—positioned well below the $862,654 Fair Market Value by 0.3%. Featuring a C2-zoned 6,160 SF lot with development potential for up to 23 units, this Residential Income asset offers significant upside. With a Fair Condition Rating and recent capital improvements including new roofs and sewers, the property is a stable, income-generating Duplex. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income and future development entitlements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 302 W 107th Street Subject | $860,000* List Price | 0 | 0 | 1,914 | $451 | - |
A 157 E 104th Street Sold | $775,000 | 0 | 0 | 1,734 | $447 | 0.5 mi |
B 350 E 97th Sold | $770,000 | 0 | 0 | 1,888 | $408 | 0.9 mi |
C 127 E 95th Street Sold | $820,000 | 0 | 0 | 2,304 | $356 | 0.8 mi |
D 155 157 W 103 Street Sold | $710,000 | 0 | 0 | 1,352 | $525 | 0.3 mi |
E 433 W Century Sold | $675,000 | 0 | 0 | 1,640 | $412 | 0.5 mi |
F 350 E 97th Pending | $770,000 List Price | 0 | 0 | 1,888 | $408 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, the property is over 80 years old but has been well-maintained with recent updates to major systems including roofs and sewers. While it passed city inspection and is move-in ready, the lack of a comprehensive interior renovation (kitchens/baths) within the last 15 years and the dated exterior aesthetic categorize it as fair.
The property is situated on a 6,160 SF corner lot zoned C2, offering a rare opportunity for developers to build up to 23 units using city entitlements.
Featuring two detached single-family homes (3BR/1BA and 2BR/1BA), this layout is ideal for owner-occupants looking to offset their mortgage with rental income or for investors seeking a turnkey duplex.
The owner has recently replaced the roofs and sewers, and the property has passed city inspections, significantly reducing immediate maintenance concerns and upfront costs for the buyer.
Both the three-bedroom and two-bedroom units contain only one bathroom each, which may be a drawback for larger families or tenants seeking modern convenience.
Built in 1940, the property may require further interior modernization and updates to electrical or plumbing systems to meet contemporary aesthetic and efficiency standards.
FIRST TIME BUYERS & VETERANS WELCOMED! 2 HOUSES on a Big Corner lot! This property is a fantastic opportunity for an owner-occupant looking to generate rental income or an investor seeking a well-maintained asset with significant upside potential. Don't miss your chance to own this versatile property in a desirable Los Angeles location! Owner replaced roofs and sewers, property recently passed city inspection. This charming duplex is two detached single family homes. The first one is a 3 bedrm + 1 full bath and the other home is a 2 bedrm + 1 full bath. There is a detached 2 car garage, which presents a unique opportunity: the garage could potentially be converted into an Accessory Dwelling Unit (ADU). Buyers and their brokers are advised to independently verify all possibilities and regulations regarding the ADU conversion. This is also a Great Development opportunity to purchase an 6160 SF lot located in South LA, zoned as C2. A developer could build up to 23 units using entitlements from the city.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,914 | 2,120 | 46% |
| Lot Size | 6,160 | 5,206 | 89% |
| Price | $860.0K | $760.0K | 65% |
| Price per sq ft | $449 | $362 | 76% |
| Built year | 1940 | 1930 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 197 | 3% |
Jun 1, 2026
$860,000
Initial Listing
Oct 10, 2018
$525,000
Public Record
May 2, 2014
$306,000
Public Record
Jul 29, 1994
$130,000
Public Record