611 W 91st, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 2 bath
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Los Angeles, California 90044
This Performing Rental Asset is a Strong Value Opportunity, listed at $530,000—positioned well below the $569,286 Fair Market Value by 6%. This valuation gap provides $39,286 in Instant Equity for buyers. Currently generating $2,820 monthly income from reliable tenants, the property maintains a Condition Rating of 4 and features a durable tile roof. The expansive 6,043 sqft lot offers significant ADU Potential for forced appreciation, while proximity to the 9/10 rated Middle College High School secures long-term desirability. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 611 W 91st Subject | $530,000* List Price | 3 | 2 | 884 | $644 | - |
A 800 W 97th Sold | $525,000 | 3 | 1 | 840 | $625 | 0.5 mi |
B 1327 West 97th Street Sold | $550,000 | 3 | 2 | 1,032 | $533 | 0.9 mi |
C 530 W Colden Avenue W Sold | $500,000 | 2 | 1 | 924 | $541 | 0.4 mi |
D 738 W 105th Street Sold | $605,000 | 2 | 1 | 864 | $700 | 1.0 mi |
E 1305 W 84th Pending | $570,000 List Price | 2 | 1 | 893 | $638 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1926, the property is an aged but functional rental asset. Exterior images show signs of deferred maintenance, including peeling paint on the porch and garage, cracked concrete with weed growth, and significant debris/clutter in the backyard. The home relies on outdated infrastructure such as wall heaters and window cooling units rather than central HVAC. While the listing describes it as well-maintained, the lack of interior photos and the visible exterior wear suggest the property requires minor updates and repairs to meet modern standards.
High School: Middle College High School (9/10).
The property is a turnkey performing asset with reliable, long-term tenants already in place, generating a consistent $2,820 monthly revenue from day one.
Situated on an expansive 6,043 sqft lot, the property offers a clear path to increased returns through the potential addition of an ADU or multiple units.
With only 884 square feet of living space distributed across three bedrooms and two bathrooms, the interior footprint is exceptionally small and may feel congested.
The property lacks a centralized HVAC system, relying instead on older wall heaters and window cooling units, which may impact modern tenant appeal and energy efficiency.
A rare opportunity to secure a performing asset with built-in income from day one. This 3-bedroom, 2-bath home is home to long-term tenants who take pride in the property and consistently pay $2,820/month on time. Clean, well-maintained, and thoughtfully cared for, the home features a tile roof, wall heater, window cooling, and a detached 1-car garage. The true value lies beyond the home—an expansive backyard with the potential to expand, add an ADU, or create additional units (buyer to verify), offering a clear path to increased returns and long-term growth. Tenants are month to month lease. DO NOT DISTURB TENANTS OR WALK ON PROPERTY.
No exterior & parking available.
Grades 1-6 • 0.3 mi
Grades K • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 884 | 1,335.5 | 13% |
| Lot Size | 6,043 | 5,278.5 | 66% |
| Price | $530.0K | $660.0K | 11% |
| Price per sq ft | $600 | $511 | 77% |
| Built year | 1926 | 1927 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 181 | 1% |
Mar 27, 2026
$530,000
Initial Listing
Jan 10, 2025
$425,000
Public Record
Oct 3, 2013
$172,000
Public Record