2106 E 113th Los Angeles, CA 90059
10,293 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26073220
HOA Y/N No
Year Built 1954
Lot Size 10,293 Sqft
Property Sub-Type Triplex
Property Description
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.
Location
State CA
County Los Angeles
Area Watt - Watts
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Parking Features Driveway, Paved, Unpaved
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6067012025
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
Lisa Bethel
Advisor | Accredited Buyer's Representative | Seniors Real Estate Specialist® | License ID: 02046953