
Los Angeles, California 90059
This property presents a High-Potential Investment Opportunity with a List Price of $595,000—positioned well below the $565,382 Fair Market Value by -5%. While the property requires significant capital expenditure due to its Fair Condition Rating and 1926 vintage, the 5,598 sqft lot and Duplex configuration provide a clear path to value-add through renovation. This asset is well-suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage rental income to offset costs in a growing Los Angeles market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 811 East 113th Street Subject 3 bd · 2 ba · 1,550 sqft · $365 | $595,000* List Price | 3 | 2 | 1,550 | $365 | - |
A 11912 Elva Sold 4 bd · 2 ba · 1,640 sqft · $351 · 0.7 mi | $575,000 | 4 | 2 | 1,640 | $351 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1926 (98 years old) with no evidence of recent renovation. The exterior shows significant deferred maintenance, including a cracked driveway and aged stucco, suggesting that major systems, kitchens, and baths likely require a full rehab to meet modern safety and functional standards.
As a duplex, this property offers excellent opportunities for rental income or a house-hacking strategy in a high-demand Los Angeles rental market.
Listed at $595,000, this multi-family asset is priced competitively for the area, making it an accessible entry point for first-time investors.
The 5,598 sqft lot provides significant outdoor space and potential for future value-add projects, such as an ADU or improved parking facilities.
Built in 1926, the property may require substantial capital expenditures for modernizing structural, electrical, or plumbing systems.
With a total of 3 bedrooms and 2 bathrooms across two units, the layout may limit the maximum rental yield compared to larger multi-family dwellings.
Built in 1926, this property offers an excellent opportunity for investors or owner-users looking to acquire a two-unit property with rental income and future potential. The property features two separate units, including a 1-bedroom/1-bathroom front unit and a 2-bedroom/1-bathroom rear unit, providing flexibility for rental income, extended living arrangements, or an owner-occupant seeking additional income. Each unit has washer and dryer access that adds everyday convenience for tenants. Situated on a generous lot, the property offers opportunities to explore additional improvements or potential expansion, subject to city requirements and buyer verification. Investors may appreciate the combination of existing rental potential, a sizable lot, and the ability to add value through updates and improvements. Whether you're looking to hold for long-term rental income, renovate and reposition, or explore future development possibilities, 811 E 113th St. presents an opportunity to create value in a growing Los Angeles market. Bring your vision and unlock the potential of this unique duplex!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.7 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,550 | 2,148.648 |
| Lot Size | 5,598 | 5,855.757 |
| Price | $595.0K | $831.8K |
| Price per sq ft | $384 | $387 |
| Built year | 1926 | 1928 |
| HOA | $0 | $0 |
| Days on market | 36 | 87 |
Sep 18, 2026
$595,000
Initial Listing