
Los Angeles, California 90061
This property presents a High-Potential Investment Opportunity with a List Price of $599,900—positioned slightly above the $589,818 Fair Market Value. While the price reflects current market stability, the R2 Zoning and 5,322 sqft lot provide significant upside for future development. Featuring a Condition Rating of 3, the home includes a versatile bonus unit, making it a strategic asset for multi-generational living or rental income. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage land value and expansion potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 416 W 110th Subject 3 bd · 3 ba · 880 sqft · $670 | $599,900* List Price | 3 | 3 | 880 | $670 | - |
A 127 W 111th St Sold 3 bd · 2 ba · 1,148 sqft · $523 · 0.4 mi | $600,000 | 3 | 2 | 1,148 | $523 | 0.4 mi |
B 329 E 109th Sold 3 bd · 2 ba · 1,142 sqft · $613 · 0.7 mi | $700,000 | 3 | 2 | 1,142 | $613 | 0.7 mi |
C 11154 Towne Sold 3 bd · 2 ba · 955 sqft · $654 · 0.8 mi | $625,000 | 3 | 2 | 955 | $654 | 0.8 mi |
D 11513 S San Pedro Sold 3 bd · 2 ba · 1,020 sqft · $551 · 0.8 mi | $562,000 | 3 | 2 | 1,020 | $551 | 0.8 mi |
E 123 E 108th Active 3 bd · 2 ba · 878 sqft · $774 · 0.5 mi | $679,999 List Price | 3 | 2 | 878 | $774 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1925 build date, the property shows signs of a recent cosmetic renovation within the last 5-10 years, including new carpet, fresh interior paint, and updated vinyl windows. The home appears move-in ready and well-maintained, though the listing's focus on R2 zoning and development potential suggests the value is balanced between the functional existing structure and the land.
The property is situated on a generous 5,322 sqft lot with R2 zoning, offering significant potential to add a second unit or expand the existing structure for future value appreciation.
The inclusion of a bonus single unit provides excellent flexibility for multi-generational living, a dedicated home office, or a potential rental income stream.
Ideally located between the 110 and 105 freeways, this home offers convenient and easy access to major employment hubs in both Downtown Los Angeles and the South Bay.
The property was recently sold within the past year on 2026-06-24. The sold price is $370,000.00.
With only 880 square feet of living space to accommodate a 3-bedroom, 3-bathroom configuration, the interior layout may feel cramped and lack storage.
Built in 1925, the property likely requires modernization of its core systems and may necessitate additional investment to meet contemporary building standards.
Great opportunity to own this 2-bedroom, 2-bath single-family home featuring a versatile bonus single offering additional flexibility for guests, extended family, or a home office. Situated on a spacious lot with R2 zoning, this property offers excellent potential for future development, including the possibility of adding a second unit (buyer to verify with the city). With plenty of room to expand, this property is ideal for homeowners or extended families to maximize its potential. Conveniently located between the 110 & 105 fwys with easy access to both DTLA & the South Bay area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 880 | 1,670.836 |
| Lot Size | 5,322 | 6,152.156 |
| Price | $599.9K | $1.34M |
| Price per sq ft | $682 | $807 |
| Built year | 1925 | 1941 |
| HOA | $0 | $238 |
| Days on market | 3 | 56 |
Nov 6, 2026
$599,900
Initial Listing
Jun 24, 2026
$370,000
Public Record