668 E 113th Street, Los Angeles, California 90059, Los Angeles, 90059 - 3 bed, 2 bath
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Los Angeles, California 90059
This Value-Add Residential Property is a Strong Value Opportunity, listed at $660,000—positioned well below the $707,054 Fair Market Value by 6%. This valuation gap offers $47,054 in Instant Equity. Maintaining a Good Condition Rating, the home features a newer roof, solar panels, and a private patio. The massive 8,762 sq ft LAR2-Zoned Lot provides exceptional potential for ADU construction or multi-unit development within the Los Angeles Unified district. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 668 E 113th Street Subject | $660,000* List Price | 3 | 2 | 1,320 | $542 | - |
A 1220 E 121st Sold | $621,500 | 3 | 1 | 1,036 | $600 | 0.8 mi |
B 645 E 113th Pending | $595,000 List Price | 3 | 1 | 1,085 | $548 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefits from significant recent capital improvements including a newer roof, new windows, updated electrical panel, solar panels, and new exterior stucco. While the 1948 interior features functional tile flooring and tiled bathrooms that may require cosmetic personalization to meet modern aesthetic standards, the major structural systems are updated and well-maintained, placing it firmly in the 'good' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8762, living area = 1320.
The expansive 8,762 sq ft lot is zoned LAR2, providing significant opportunity for future expansion, ADU construction, or multi-unit development in a high-demand Los Angeles market.
Key high-cost systems have already been addressed, including a newer roof, updated electrical panel, new windows, and solar panels, significantly reducing immediate post-purchase expenses.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Originally built in 1948, the property may have aging underlying systems, such as plumbing or foundation components, that were not included in the recent list of upgrades.
While functional, the interior finishes and tile flooring throughout may require additional investment in modern cosmetic upgrades to maximize the home's aesthetic appeal and market value.
Opportunity in Los Angeles featuring a 3-bedroom, 2-bath home situated on a spacious 8,762 sq ft LAR2-zoned lot. The generous lot size offers flexibility for future expansion or additional units, setting this property apart from many others in the area.The home offers a functional layout with tile flooring throughout and tiled bathrooms. Recent upgrades include a newer roof, new stucco exterior, new windows, an updated electrical panel, and solar panels major improvements already completed. Ideal for buyers looking to personalize a home while benefiting from key upgrades and long-term potential.
No exterior & parking available.
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 | 1,320 | 1,085 | 61% |
| Lot Size | 8,762 | 5,201 | 98% |
| Price | $660.0K | $630.0K | 59% |
| Price per sq ft | $500 | $534 | 41% |
| Built year | 1948 | 1945 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 65 | 166 | 14% |
Feb 16, 2026
$660,000
Initial Listing
May 10, 2004
$210,000
Public Record
Mar 16, 2001
$92,500
Public Record