950 E 113th, Los Angeles, California 90059, Los Angeles, 90059 - 0 bed, 0 bath
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950 E 113th
Los Angeles, California 90059
ACTIVE
CONDITION: POOR
0Beds
0Baths
1,548Sq Ft
7,442Lot Size
Property Price
LIST PRICE$730,000
EST. MARKET VALUE
$740,483
SUMMARY
This duplex presents a High-Potential Investment Opportunity with a List Price of $730,000—positioned well below the $740,484 Fair Market Value by 1%. This valuation gap offers $10,484 in Instant Equity for buyers. With a Fair Condition Rating (1946 build), the property requires modernization, yet the 7,442 sq. ft. lot provides significant upside for future development. This is a strategic Multifamily Asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Estimated Market Value
$740,483
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 |
|---|---|---|---|---|---|---|
★ 950 E 113th Subject 0 bd · 0 ba · 1,548 sqft · $478 | $730,000* List Price | 0 | 0 | 1,548 | $478 | - |
A 11912 Elva Sold 4 bd · 2 ba · 1,640 sqft · $351 · 0.5 mi | $575,000 | 4 | 2 | 1,640 | $351 | 0.5 mi |
B 811 East 113th Street Active 3 bd · 2 ba · 1,550 sqft · $384 · 0.2 mi | $595,000 List Price | 3 | 2 | 1,550 | $384 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1946 (80 years old) and marketed as an 'investment opportunity' with 'potential for future improvements,' which typically indicates the property requires significant rehab. While the exterior shows some maintenance like vinyl windows, the lack of mentioned updates to kitchens, baths, or systems in an 80-year-old structure places it in the poor category based on age and the need for modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Multifamily Income Potential
As a duplex with two separate units, this property offers immediate rental income opportunities or a house-hacking option for owner-occupants looking to offset their mortgage.
- Expansive Lot Size
The generous 7,440 square-foot lot provides significant outdoor space and potential for future development, such as an ADU, subject to city zoning and approval.
- Strategic Location
Situated in the established Green Meadows neighborhood, the property offers excellent proximity to major transportation corridors, schools, and essential local amenities.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1946, the property may require significant capital expenditures for modernizing systems like electrical, plumbing, or roofing to meet current market standards.
- Compact Unit Layouts
With only 1,548 total square feet shared between two units and four bedrooms, the individual living spaces are relatively small, which may limit appeal for larger families.
About 950 E 113th
Excellent Investment Opportunity in Los Angeles! Welcome to 950 E. 113th Street, a fantastic opportunity to own a duplex in the established Green Meadows neighborhood of Los Angeles. Situated on a generous approximately 7,440 square-foot lot, this multifamily property offers two units with a combined four bedrooms, two bathrooms, and approximately 1,548 square feet of living space. Whether you're an investor looking to expand your real estate portfolio or a buyer interested in the benefits of multifamily ownership, this property offers exciting possibilities. The spacious lot provides outdoor space and potential opportunities for future improvements, subject to city approval. Conveniently located with access to major transportation corridors, shopping, schools, and everyday amenities, this property presents an opportunity to invest in the Los Angeles real estate market. Don't miss your chance to explore the possibilities this duplex has to offer. Schedule your private showing today!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1946
- Lot Size
- 7,442 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 | 0.0 | 4.7 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,548 | 2,148.648 |
| Lot Size | 7,442 | 5,855.757 |
| Price | $730.0K | $831.8K |
| Price per sq ft | $472 | $387 |
| Built year | 1946 | 1928 |
| HOA | $0 | $0 |
| Days on market | 3 | 87 |
Pricing History
Listed for Sale
Oct 21, 2026
$730,000
Initial Listing