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 presents a High-Potential Investment Opportunity with a List Price of $860,000—positioned above the $824,854 Fair Market Value. Featuring C2 Zoning on a 6,160 SF lot, this Residential Income asset offers significant development upside with the potential for up to 23 units. With a Condition Rating of 3, the property includes recent capital improvements like new roofs and sewers. This versatile duplex is an ideal acquisition for Buy-and-Hold Investors or Developers seeking to maximize density in a high-demand Los Angeles location.
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 | $431 | - |
A 157 E 104th Street Sold | $775,000 | 0 | 0 | 1,734 | $447 | 0.5 mi |
B 412 W 104th Street Sold | $770,000 | 0 | 0 | 2,442 | $315 | 0.2 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 233 E 105th Active Under Contract | $849,990 List Price | 0 | 0 | 1,778 | $478 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1940, the property is well-maintained and move-in ready. The owner has recently replaced critical systems including the roofs and sewers, and the property passed city inspection. Interior photos show updated flooring, fresh paint, and functional built-ins, placing it in the 5-15 year renovation/maintenance category.
The property features two detached single-family homes on one lot, providing an ideal setup for owner-occupants to generate rental income or for investors to secure multiple revenue streams.
Zoned C2 on a 6,160 SF lot, this property offers massive investment potential with the ability to build up to 23 units using city entitlements, catering to high-density residential demand.
The owner has recently replaced the roofs and sewers, and the property has passed city inspection, significantly reducing immediate maintenance costs and providing peace of mind for the buyer.
Both the 3-bedroom and 2-bedroom units feature only one bathroom each, which may be a drawback for larger families and could limit the property's competitive rental pricing.
Built in 1940, the property may require additional modernization of internal systems such as electrical and plumbing to meet the expectations of contemporary tenants or buyers.
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 |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,914 | 2,250 |
| Lot Size | 6,160 | 5,864 |
| Price | $860.0K | $826.7K |
| Price per sq ft | $449 | $395 |
| Built year | 1940 | 1925 |
| HOA | $0 | $0 |
| Days on market | 51 | 83 |
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