
Los Angeles, California 90061
Analysis of 451 E 111th, Los Angeles, California 90061 is currently available with a list price of $549,777. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1932, the property is functional but dated, featuring older oak cabinetry in the kitchen and bathrooms. While there are some select upgrades like a newer kitchen backsplash and a walk-in tub, the interior shows signs of deferred maintenance, popcorn ceilings, and older systems that require modernization and minor repairs.
The detached garage offers a significant opportunity for conversion into an Accessory Dwelling Unit (ADU) or guest suite, providing a clear path for value-add and potential rental income.
Rare for this price point and location, the property features upstairs balcony areas with city views, providing an elevated aesthetic and a unique selling point for the neighborhood.
Situated on a corner lot, the home benefits from increased curb appeal, better natural light, and improved accessibility compared to standard interior lots.
The property has identified deferred maintenance and requires repairs, which will necessitate an upfront capital investment from the buyer to address condition issues.
With a lot size of approximately 3,041 square feet for an 1,800 square foot home, the outdoor yard space is relatively constrained, limiting private recreational area.
Nestled in the desirable 90061 zip code, this spacious two-story corner lot home offers incredible opportunity, versatility, and long-term potential! Featuring approximately 1,800 square feet of living space with 4 bedrooms and 3 bathrooms per assessor records, this property combines functionality, location, and upside for both homeowners and investors alike. Conveniently located near schools, public transportation, shopping, and everyday amenities, the home offers a well-maintained interior with select upgrades already completed while still allowing room for a buyer to add their own personal touches and improvements. The detached garage presents exciting possibilities for potential ADU, guest unit, or additional flex-space opportunities (buyer to verify and satisfy themselves regarding all permits, usage, and development possibilities). Enjoy beautiful city views from the upstairs windows and balcony areas, creating an elevated feel rarely found at this price point and location. The corner lot setting adds additional curb appeal, accessibility, and overall presence. Property has been cared for over the years but does have deferred maintenance and items that may require attention. Buyer to conduct their own investigations and due diligence regarding condition, square footage, permits, zoning, and all aspects of the property. A unique opportunity with space, views, potential, and location — don’t miss your chance to own in the growing 90061 area!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 72% |
| Baths | 3.0 | 1.0 | 93% |
| Square foot | 1,800 | 1,129 | 90% |
| Lot Size | 3,041 | 5,666 | 21% |
| Price | $549.8K | $613.5K | 34% |
| Price per sq ft | $305 | $556 | 3% |
| Built year | 1932 | 1948 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 190 | 7% |
May 19, 2026
$549,777
Initial Listing