726 E 106th Street, Los Angeles, California 90002, Los Angeles, 90002 - 2 bed, 1 bath
ACTIVE$584,999
726 E 106th Street, Los Angeles, California 90002
2Beds
1Bath
728Sqft
5,202Lot
Year Built
1946
Close
-
List price
$585K
Original List price
$585K
Price/Sqft
$804
HOA
-
Days on market
-
Sold On
-
MLS number
RS25065694
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 - $585.0K(50th), sqft - 728(16th), beds - 2(36th), baths - 1(48th).
THIS PROPERTY FEATURES 2 BED ROOMS 1 BATH ROOM A PLAY ROOM IN THE BACK IS PERMITTED 2 FRUIT TREES, THE PLAY ROOM IN THE FUTURE CAN BE CONVERTED INTO ADU IT WILL NEED SOME TLC AND MORE PHOTOS WILL BE COMING UP SOON
Nearby schools
2/10
One Hundred Ninth Street Elementary School
Public,•K-5•0.2mi
5/10
Ninety-Ninth Street Elementary School
Public,•K-6•0.5mi
4/10
One Hundred Seventh Street Elementary School
Public,•K-5•0.6mi
3/10
One Hundred Twelfth Street Elementary School
Public,•K-5•0.7mi
4/10
One Hundred Sixteenth Street Elementary School
Public,•K-5•0.8mi
3/10
Ninety-Third Street Elementary School
Public,•K-6•0.9mi
3/10
Ninety-Sixth Street Elementary School
Public,•K-6•1.0mi
5/10
One Hundred Eighteenth Street School
Public,•K-5•1.1mi
6/10
One Hundred Twenty-Second Street Elementary School
Public,•K-5•1.3mi
3/10
South Park Elementary School
Public,•K-6•1.5mi
5/10
Russell Elementary School
Public,•K-6•1.5mi
3/10
Edwin Markham Middle School
Public,•6-8•1.0mi
2/10
Samuel Gompers Middle School
Public,•6-8•1.0mi
3/10
Carver Elementary School
Public,•PK-8•1.3mi
1/10
Charles Drew Middle School
Public,•6-8•1.7mi
5/10
Willowbrook Middle School
Public,•6-8•2.1mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•2.6mi
3/10
Centennial High School
Public,•9-12•1.7mi
2/10
David Starr Jordan Senior High School
Public,•9-12•1.8mi
9/10
Compton Early College High
Public,•9-12•2.1mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.1mi
Price History
Date
Event
Price
10/05/11
Sold
$139,000
09/29/05
Sold
$380,000
09/05/01
Sold
$92,000
Condition Rating
Poor
The property was built in 1946, making it 78 years old. The listing description explicitly states it 'will need some TLC,' and the property analysis further clarifies that it 'Requires Extensive Renovation' and that 'substantial renovations, repairs, and updates are necessary.' The provided exterior images show an aged property with visible wear and tear, and the complete absence of interior photos (especially for the kitchen and bathroom) strongly suggests these critical areas are in very poor, likely original or severely outdated, condition. This aligns with the 'Poor' criteria, indicating substantial repairs and rehabilitation are needed, and major components likely require significant updates or replacement.
Pros & Cons
Pros
Great Schools: High School: Compton Early College High (9/10).
ADU Conversion Potential: The existing permitted playroom in the back offers a clear path for conversion into an Accessory Dwelling Unit (ADU), providing significant income potential or expanded living space.
Generous Lot Size: A 5,202 sqft lot provides ample outdoor space for landscaping, recreation, or future expansion, a valuable asset in urban Los Angeles.
Established Los Angeles Location: Situated in Los Angeles, the property benefits from a robust real estate market and proximity to urban amenities, contributing to long-term value.
Existing Permitted Playroom: The presence of an already permitted playroom simplifies the process and reduces costs for future ADU conversion or provides immediate flexible living space.
Mature Fruit Trees: The property includes two fruit trees, adding a desirable aesthetic and practical amenity for fresh produce, enhancing the outdoor appeal.
Cons
Requires Extensive Renovation: The property description explicitly states it 'will need some TLC,' indicating that substantial renovations, repairs, and updates are necessary, which will incur significant additional costs and effort for the buyer.
Significant Price Discrepancy: The current list price of $584,999 is considerably higher than the estimated property value of $381,003, suggesting it may be significantly overvalued in its present condition.
Limited Interior Square Footage: With only 728 square feet, the main dwelling offers relatively small living quarters, which may not meet the needs of all potential buyers seeking more spacious accommodations.