802 E 111th, Los Angeles, California 90059, Los Angeles, 90059 - 0 bed, 0 bath
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Los Angeles, California 90059
This Renovated Income-Producing Duplex is a Strong Value Opportunity, listed at $649,000—positioned well below the $712,484 Fair Market Value by 8%. This valuation gap provides $63,484 in Instant Equity. Boasting a Good Condition Rating, the property features recently upgraded interiors with modern cabinetry and stone countertops, alongside rare Separate Utility Metering for water, gas, and electricity. With both units delivered vacant and a two-car garage offering ADU potential, this asset is perfectly engineered for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 802 E 111th Subject | $649,000* List Price | 0 | 0 | 1,200 | $594 | - |
A 11306 Alvaro Street Sold | $769,000 | 0 | 0 | 1,340 | $574 | 0.4 mi |
B 802 E 111th Active | $649,900 List Price | 4 | 2 | 1,200 | $542 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property's interior has undergone an extensive recent renovation, featuring modern white shaker kitchen cabinets, stone countertops, subway tile backsplashes, and new large-format tile flooring. The installation of modern mini-split HVAC systems and updated electrical meters indicates significant system upgrades. While the living spaces are in excellent condition, the overall score is 'good' due to visible wear and tear on the exterior stucco and the detached garage structure, which reflect the property's 1951 original construction.
The property features individual meters for water, gas, and electricity for both units, significantly reducing landlord overhead and simplifying tenant management.
Both units have been upgraded and are delivered vacant, allowing an investor to immediately secure market-rate tenants and generate cash flow without renovation delays.
The inclusion of a two-car garage plus additional off-street parking is a premium feature in this high-density Los Angeles submarket, enhancing tenant retention and property value.
With a total of 1,200 square feet split between two units, the 2-bedroom layouts are quite small, which may limit the property's appeal to tenants seeking more spacious living areas.
Built in 1951, the property may possess aging structural or systemic components that could require more frequent maintenance compared to newer residential income properties.
Beautiful duplex in the city of LA. Both units have a 2 bedroom, 1 bathroom with multiple parking including a 2 car garage. Property was upgraded including SEPARATE water, gas, electrical meters making it easy to rent out or live in. Property is now ready to go at a very low price. Seller is motivated and ready to get this home sold! Both units are now available oozing with great rental income.
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 | 1,200 | 2,122 | 13% |
| Lot Size | 4,345 | 5,692 | 7% |
| Price | $649.0K | $750.0K | 20% |
| Price per sq ft | $541 | $382 | 87% |
| Built year | 1951 | 1949 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 195 | 7% |
Apr 9, 2026
$649,000
Initial Listing
Mar 17, 2025
$550,000
Public Record
May 17, 2019
$430,000
Public Record
Aug 15, 2018
$310,000
Public Record
Jun 24, 2005
$375,000
Public Record
Mar 3, 1999
$129,000
Public Record
Oct 2, 1998
$73,000
Public Record