553 W 109th, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 2 bath
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Los Angeles, California 90044
This Spacious Updated Residence is a Strong Value Opportunity, listed at $725,000—positioned well below the $791,699 Fair Market Value by 8%. This valuation gap offers $66,699 in Instant Equity for buyers. The property holds an Excellent Condition Rating following a 2024 kitchen remodel, new flooring, and key infrastructure upgrades including a newer roof and water heater. At 1,587 square feet, it significantly exceeds local size averages. This turnkey asset is perfectly suited for Owner-Occupants seeking value or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 553 W 109th Subject | $699,899* List Price | 3 | 2 | 1,587 | $441 | - |
A 715 W 104th Sold | $814,500 | 4 | 2 | 1,469 | $554 | 0.4 mi |
B 547 W 106th Sold | $790,000 | 3 | 2 | 1,923 | $411 | 0.2 mi |
C 730 W 109th Sold | $799,000 | 3 | 2 | 1,839 | $434 | 0.2 mi |
D 611 W 109th Street Sold | $500,000 | 2 | 1 | 1,150 | $435 | 0.0 mi |
E 1243 W 98th Street Sold | $674,000 | 3 | 2 | 1,202 | $561 | 1.0 mi |
F 10950 S Hoover Street Sold | $740,000 | 3 | 3 | 1,342 | $551 | 0.2 mi |
G 624 W 102nd Street Sold | $724,500 | 3 | 2 | 1,350 | $537 | 0.4 mi |
H 556 W 99th Street Sold | $750,000 | 3 | 3 | 2,150 | $349 | 0.6 mi |
I 837 W 103rd Street Active Under Contract | $589,990 List Price | 3 | 2 | 1,182 | $499 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property qualifies as excellent due to an extensive 2024 renovation that includes a major kitchen remodel with contemporary finishes, brand-new flooring throughout, and a fresh interior. Key infrastructure components such as the roof, water heater, and wall heater have been recently replaced, ensuring the home meets modern quality standards with no deferred maintenance.
High School: Middle College High School (9/10).
The property features a comprehensive 2024 kitchen remodel and brand-new flooring throughout, offering a contemporary, move-in-ready aesthetic that appeals to modern buyers.
At 1,587 square feet, this residence is significantly larger than the average home in the Vermont Vista neighborhood, providing rare additional living space for the area.
The property utilizes a wall heater and lacks a central cooling system, which may be a significant drawback for comfort and marketability during Los Angeles' warmer months.
The majority of the assigned public schools in the immediate vicinity carry low performance ratings, which could be a deterrent for families and impact long-term appreciation.
Massive cash-flow and dual-income potential at 553 W 109th St. This oversized 1,587 sq. ft. turnkey 3BR/2BA home is fully updated and ready for immediate market-rate rental. Enjoy zero initial CapEx with a stunning remodeled quartz kitchen, brand-new flooring, a newer roof, and upgraded systems. ?HIGH-YIELD ADU POTENTIAL: The detached 2-car garage is a prime candidate for a value-add garage-to-ADU conversion under California’s favorable fast-track laws to instantly create a highly profitable duplex-style asset. ?MASSIVE GATED PARKING: Fully enclosed lot features an expansive driveway fitting up to 7 vehicles—providing effortless, secure parking for both units. ?HIGH-DEMAND LOCATION: Minutes from SoFi Stadium, DTLA, and LAX with massive tenant appeal and historically low vacancy rates. ?Live in one and let the tenant pay your mortgage, or rent both for maximum passive rental income. Act fast—this high-cap-rate opportunity will not last!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,587 | 1,672 |
| Lot Size | 4,880 | 6,067 |
| Price | $699.9K | $1.37M |
| Price per sq ft | $441 | $801 |
| Built year | 1960 | 1939 |
| HOA | $0 | $348 |
| Days on market | 143 | 56 |
Jul 17, 2026
$699,899
$699,999
+0% Price Increase
Initial Listing
May 28, 2026
$699,999
$706,999
-1% Price Drop
Initial Listing
Apr 23, 2026
$706,999
$717,000
-1% Price Drop
Initial Listing
Apr 2, 2026
$717,000
$725,000
-1% Price Drop
Initial Listing
Mar 2, 2026
$725,000
Initial Listing
Sep 17, 1999
$123,500
Public Record