923 E 118 Drive, Los Angeles, California 90059, Los Angeles, 90059 - 3 bed, 2 bath
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923 E 118 Drive
Los Angeles, California 90059
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,167Sq Ft
5,558Lot Size
Property Price
LIST PRICE$685,000
EST. MARKET VALUE
$695,646
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $685,000—positioned well below the $695,646 Fair Market Value by 1.5%. This valuation gap offers $10,646 in Instant Equity. Featuring a Condition Rating of 4, the home includes recent plumbing and flooring upgrades, while the large lot provides significant ADU Potential. This property balances functional living with long-term growth, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a customizable asset.
Estimated Market Value
$695,646
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 923 E 118 Drive Subject 3 bd · 2 ba · 1,167 sqft · $596 | $685,000* List Price | 3 | 2 | 1,167 | $596 | - |
A 11506 Wadsworth Sold 2 bd · 1 ba · 988 sqft · $592 · 0.3 mi | $585,000 | 2 | 1 | 988 | $592 | 0.3 mi |
B 728 E 121st Sold 2 bd · 1 ba · 806 sqft · $726 · 0.4 mi | $585,000 | 2 | 1 | 806 | $726 | 0.4 mi |
C 11707 Antwerp Ave Sold 3 bd · 1 ba · 947 sqft · $612 · 0.5 mi | $580,000 | 3 | 1 | 947 | $612 | 0.5 mi |
D 630 E 119th Sold 2 bd · 1 ba · 1,091 sqft · $587 · 0.4 mi | $640,000 | 2 | 1 | 1,091 | $587 | 0.4 mi |
E 13128 Stanford Avenue Sold 3 bd · 1 ba · 1,119 sqft · $626 · 0.9 mi | $700,000 | 3 | 1 | 1,119 | $626 | 0.9 mi |
F 1223 E 124th Street Sold 2 bd · 1 ba · 820 sqft · $707 · 0.5 mi | $580,000 | 2 | 1 | 820 | $707 | 0.5 mi |
G 1518 E 122nd Street Sold 2 bd · 1 ba · 880 sqft · $636 · 0.6 mi | $560,000 | 2 | 1 | 880 | $636 | 0.6 mi |
H 941 E Imperial Highway Pending 2 bd · 1 ba · 1,190 sqft · $454 · 0.3 mi | $540,000 List Price | 2 | 1 | 1,190 | $454 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Originally built in 1945, the home features recent functional upgrades to plumbing, flooring, and paint. However, the listing's emphasis on 'potential' and 'adding your own personal touch' suggests that the kitchen and bathrooms are likely dated and require cosmetic or modern updates to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Renovations
The property features several recent upgrades including new paint, flooring, and plumbing, providing a move-in-ready appeal and reducing immediate maintenance costs for the buyer.
- ADU Potential
The detached garage and nearly 6,000 sq. ft. lot offer significant potential for an Accessory Dwelling Unit (ADU), providing an opportunity for rental income or multi-generational living.
- Functional Layout
The 3-bedroom, 2-bathroom configuration is highly desirable for families, featuring a spacious living room and attached dining area that maximizes the home's footprint.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1945, the home may have underlying aged systems or structural elements that require ongoing attention despite the recent cosmetic and plumbing updates.
- Compact Living Space
At 1,167 square feet for a three-bedroom home, the interior living areas and bedrooms may feel small, which could be a drawback for buyers prioritizing spaciousness.
About 923 E 118 Drive
Beautifully well loved home awaiting it's next and new family to love. Lots of recent upgrades (paint, floors, plumbing, patio door, and more) and lots of potential when you add your own personal touch. Charming 3-bedroom, 2-bath home full of endless potential! Situated on an almost 6,000 sq. ft. lot, this property offers incredible opportunities for homeowners, investors, or anyone looking to create their dream oasis space. The detached garage provides excellent ADU potential, adding even more value and possibilities. With plenty of outdoor space and room to grow, this is a property you do not want to miss. This is a MUST see and even better, a MUST have home boasting a welcoming entry right into a spacious living room with attached dining room.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1945
- Lot Size
- 5,558 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,167 | 1,675.469 |
| Lot Size | 5,558 | 6,126.393 |
| Price | $685.0K | $1.34M |
| Price per sq ft | $587 | $800 |
| Built year | 1945 | 1941 |
| HOA | $0 | $262 |
| Days on market | 6 | 56 |
Pricing History
Listed for Sale
Oct 18, 2026
$685,000
Initial Listing