632 E 113th, Los Angeles, California 90059, Los Angeles, 90059 - 0 bed, 0 bath
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Los Angeles, California 90059
This Turnkey Duplex represents a Strong Value Opportunity, listed at $1,150,000—positioned slightly above the $1,104,817 Fair Market Value. Built in 2009, this property maintains a Good Condition Rating, featuring modern separate utility meters and a high-capacity layout with two 4-bedroom, 2-bathroom units. The oversized parking area and efficient design provide significant rental appeal in a high-density market. This versatile asset is an ideal acquisition for Buy-and-Hold Investors seeking stable income or Owner-Occupants looking to offset mortgage costs through house hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 632 E 113th Subject | $1,150,000* List Price | 0 | 0 | 2,252 | $491 | - |
A 907 E 109th Place Sold | $856,000 | 0 | 0 | 1,952 | $439 | 0.5 mi |
B 1317 E 108th Street Sold | $865,000 | 3 | 2 | 1,973 | $438 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2009, the property is approximately 15-17 years old, placing it squarely in the 'Good' category. The listing describes it as turnkey and well-maintained, featuring modern separate utility meters and clean, functional interior spaces that appear move-in ready.
Built in 2009, this property is significantly newer than the typical housing stock in the area, offering a turnkey move-in experience with lower immediate maintenance requirements.
The rare configuration of two 4-bedroom, 2-bathroom units maximizes rental income potential and provides exceptional versatility for large families or multi-generational living.
Separate gas and electric meters simplify property management, while the oversized parking area accommodates multiple vehicles, a highly sought-after feature in high-density Los Angeles.
With a list price of $1.15M, the property is positioned at the higher end of the local market, which may challenge investors seeking a high initial capitalization rate.
The combination of a large building footprint and an expansive parking area on a 5,608 sqft lot leaves minimal dedicated yard or green space for tenant recreation.
Turnkey duplex in the heart of Los Angeles featuring two spacious units, each offering 4 bedrooms and 2 bathrooms. This well-maintained property is perfect for owner-occupants or investors seeking strong rental potential. Both units offer comfortable layouts with generous living spaces and plenty of natural light. Property includes separate gas and electrical meters for each unit, adding convenience for possible tenants or owners. Huge lot with an oversized parking area that can accommodate multiple vehicles, making it ideal for large families, tenants, or extra storage needs. Spacious outdoor areas provide endless possibilities for entertaining or future improvements. Conveniently located near schools, shopping, dining, and major freeways. Great opportunity to own a versatile income-producing property in a desirable Los Angeles location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,252 | 2,187 | 50% |
| Lot Size | 5,608 | 5,673.5 | 42% |
| Price | $1.15M | $838.0K | 83% |
| Price per sq ft | $511 | $379 | 83% |
| Built year | 2009 | 1949 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 148 | 8% |
May 14, 2026
$1,150,000
Initial Listing
Jan 11, 2008
$240,000
Public Record