647 W 111th Street, Los Angeles, California 90044, Los Angeles, 90044 - 2 bed, 1 bath
ACTIVE$580,000
647 W 111th Street, Los Angeles, California 90044
2Beds
1Bath
892Sqft
5,004Lot
Year Built
1927
Close
-
List price
$580K
Original List price
$580K
Price/Sqft
$650
HOA
-
Days on market
-
Sold On
-
MLS number
RS25034504
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,6 Pros. Rank: price - $580.0K(22th), sqft - 892(9th), beds - 2(35th), baths - 1(38th).
Charming 2-Bed, 1-Bath Home with Endless Potential Nestled in a desirable neighborhood, this cozy 2-bedroom, 1-bath home offers a spacious open floor plan that’s perfect for family living and entertaining. Though the property is in need of some updates, it’s brimming with opportunity to make it your own. The expansive layout provides plenty of room for customization and future upgrades. With a little TLC, this home can be transformed into a true gem! Whether you’re a first-time buyer or an investor, this home is a fantastic canvas ready to shine. Don’t miss out on this chance to own a home with great potential!
Nearby schools
5/10
Figueroa Street Elementary School
Public,•K-5•0.2mi
5/10
Woodcrest Elementary School
Public,•K-5•0.6mi
3/10
West Athens Elementary School
Public,•K-5•0.8mi
4/10
Charles W. Barrett Elementary School
Public,•K-5•0.9mi
5/10
One Hundred Eighteenth Street School
Public,•K-5•1.0mi
3/10
Ninety-Fifth Street Elementary School
Public,•K-5•1.1mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•1.5mi
4/10
Manchester Avenue Elementary School
Public,•1-6•1.6mi
/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•1.7mi
2/10
Samuel Gompers Middle School
Public,•6-8•0.5mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•1.2mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•3.0mi
9/10
Middle College High School
Public,•9-12•2.3mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.6mi
Price History
Date
Event
Price
07/05/94
Sold
$122,000
Condition Rating
Poor
Built in 1927, this property is nearly a century old. The listing description explicitly states it 'is in need of some updates' and requires 'a little TLC,' while the property analysis notes it 'Requires Significant Renovation' and 'likely has original or outdated systems (plumbing, electrical, HVAC) that may require costly repairs or replacement.' The exterior images confirm a very dated appearance with visible wear and tear, suggesting substantial repairs and rehabilitation are needed for major components and overall modernization. It is not presented as unlivable, but requires significant investment beyond minor updates.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
High Potential for Value Addition: The property is explicitly marketed as a 'fantastic canvas' with 'endless potential' for customization and future upgrades, appealing to buyers seeking to personalize or investors looking for a flip opportunity.
Desirable Los Angeles Location: Situated in a 'desirable neighborhood' in Los Angeles, offering proximity to key amenities and attractions, enhancing its long-term appeal.
Spacious Open Floor Plan: Features a 'spacious open floor plan' conducive to modern living and entertaining, a sought-after characteristic.
Generous Lot Size: A 5004 sqft lot provides ample outdoor space and potential for expansion or the addition of an Accessory Dwelling Unit (ADU), increasing property value and utility.
Access to Highly-Rated Elementary Schools: Located within the attendance zone of several elementary schools with top ratings (e.g., Woodcrest Elementary, Figueroa Street Elementary, One Hundred Eighteenth Street School all rated 5), a significant draw for families.
Cons
Requires Significant Renovation: The property is clearly stated to be 'in need of some updates' and requires 'a little TLC,' indicating substantial investment in renovations will be necessary to modernize and maximize its value.
Overpriced Relative to Condition and Market Value: The current list price of $580,000 is considerably higher than the estimated property value of $382,743.745, suggesting it may be overvalued given its 'as-is' condition compared to recently sold, renovated comparables.
Age of Property and Systems: Built in 1927, the home likely has original or outdated systems (plumbing, electrical, HVAC) that may require costly repairs or replacement, adding to the overall investment needed.