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$950,000
2 Days On Site

2106 E 113th
Los Angeles, CA 90059

For Sale|Triplex|Active
0
Beds
0
Total Baths
2,551
SqFt
$372
/SqFt
1954
Built
County:
Los Angeles
Listed by Michael Padilla of Lyon Stahl Investment Real Estate, Inc. [email protected]

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2106 E 113th2106 E 113th2106 E 113th2106 E 113th
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Amazing Owner-User or Investment Opportunity awaits at 2104 E 113th St, an income-producing 3-unit property situated on a massive 10,295 SF lot in a rapidly appreciating Los Angeles submarket. One of the 2-bedroom/1-bathroom units will be delivered entirely vacant! Live in One unit and cash-flow via the two rented units! The true crown jewel of this offering, however, is the fully approved, Ready-To-Issue (RTI) plans (See Attached). The site is shovel-ready to construct a brand new 1,019 SF detached 3-bedroom/2-bathroom ADU, alongside a 538 SF expansion to an existing 2-bedroom unit to increase to 1,204sqft! This allows an investor to effortlessly transform the asset into a high-yielding, 4-unit compound without the typical delays of the city entitlement process. Perfect owner-user or Investment Opportunity with immediate upside for market-rate leasing. Unmatched Value-Add Potential. This property offers the ultimate blank canvas for investors or owner-users to immediately drive cash flow and force appreciation. Listed at just $372.40/SF, the subject property offers a significant discount against the market average of $475.62/SF. Strategically located It sits just minutes from the monumental developments transforming Inglewood and the South Bay, including the $5 billion SoFi Stadium, the cutting-edge $2 billion Intuit Dome, and the sprawling 300-acre Hollywood Park entertainment district. With the 2028 Summer Olympics on the horizon and billions flowing into LAX infrastructure, this centralized hub is a magnet for highly qualified tenants and explosive economic growth.

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Listing Snapshot
Price 
$950,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,551 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2363 Acres
Year Built 
1954
MLS® Number 
SB26073220
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayStatus changed to Active
yesterdayListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.2363
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking 
DrivewayPavedUnpaved
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2551
Water Source 
Public
Interior Features
Fireplace Features 
None
Heating 
Wall Furnace
Laundry Features 
Inside
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Exterior Features
Pool Features 
None
Community Features
Building Access 
Ground Level
Community Features 
Sidewalks
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
WATT - Watts


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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