416 E 91st, Los Angeles, California 90003, Los Angeles, 90003 - 5 bed, 2 bath
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Los Angeles, California 90003
This property presents a High-Potential Investment Opportunity with a List Price of $599,900—positioned slightly above the $592,799 Fair Market Value. While the property requires attention to its Fair Condition Rating and potential permit verification, it offers significant cash flow through its three-unit configuration. The vacant front home provides immediate flexibility for an Owner-Occupant to offset costs with existing rental income. This is a strategic acquisition for Buy-and-Hold Investors seeking to leverage high rental demand in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 416 E 91st Subject | $599,900* List Price | 5 | 2 | 884 | $671 | - |
A 247 E 97th Sold | $540,000 | 5 | 2 | 852 | $634 | 0.4 mi |
B 358 E Colden Avenue Sold | $650,000 | 3 | 1 | 1,183 | $549 | 0.3 mi |
C 126 E 95th Street Active | $647,000 List Price | 3 | 2 | 1,020 | $634 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1925, the property shows signs of a mid-range renovation that is likely 20+ years old. The bathroom features dated tiling and a vanity with visible wear/water damage. While functional and currently generating rental income, the age of the structures and the condition of the finishes suggest the need for cosmetic updates and likely system modernizations.
The property offers exceptional cash flow opportunities with three separate living configurations, including two currently occupied units generating $2,050 per month in immediate rental income.
The front 2-bedroom home will be delivered vacant, allowing an owner-occupant to move in immediately while utilizing the rear rental income to significantly offset mortgage payments.
Situated with easy access to Downtown Los Angeles, SoFi Stadium, and LAX, the property is ideally positioned for high rental demand and long-term commuter appeal.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
The property is listed as a single-family residence with only 884 sqft of recorded space, suggesting that the additional units and garage conversion may lack proper permits, posing a risk for future financing or legal use.
Originally built in 1925, the property’s older systems may face increased strain from the high-density occupancy of three separate households, likely requiring updates to plumbing, electrical, and structural components.
Welcome to 416 E. 91st Street, Los Angeles, a versatile property offering owner-user and income potential in an established South Los Angeles neighborhood. Five bedrooms and two bathrooms of total living space currently configured on the property. The front home features 2 bedrooms, 1 bathroom, a bonus room, and a full kitchen. It will be delivered vacant at close, creating an opportunity for immediate occupancy or additional rental income. The property also includes a separate rear living area with 2 bedrooms, 1 bathroom, and a kitchen, currently rented for $1,350 per month. The garage conversion includes private owner storage, a washer and dryer area, and a rear studio-style living space currently rented for $700 per month. Current rental income totals $2,050 per month, with the front home available vacant. Conveniently located near schools, parks, shopping, dining, public transportation, and major freeways, with easy access to Downtown Los Angeles, SoFi Stadium, and LAX. Buyer to independently verify all square footage, permits, unit count, zoning, and use.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 884 | 1,672 |
| Lot Size | 5,127 | 6,067 |
| Price | $599.9K | $1.37M |
| Price per sq ft | $679 | $801 |
| Built year | 1925 | 1939 |
| HOA | $0 | $348 |
| Days on market | 20 | 56 |
Jul 2, 2026
$599,900
Initial Listing
Jan 6, 1994
$119,000
Public Record