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$950,000

FOR SALE
Active

2106 E 113th

Los Angeles, CA

MLS# SB26073220

Triplex
213 days on marketNalren refreshed

Listing Agent

Michael Padilla

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

DRE #: 01993341

(310) 425-9838

Brokerage: Lyon Stahl Investment Real Estate, Inc.

Cameron Samimi

Co-Listing Agent

Lyon Stahl Investment Real Estate, Inc.

DRE #: 02035763

Brokerage: Lyon Stahl Investment Real Estate, Inc.

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1954

Year Built

0.24 acres

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Triplex

Property Type

Description

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.

Facts & Features

Interior

Fireplace
No
Laundry Features
In-Unit Laundry

Exterior

Private Pool
No
Lot Features
0–1 Acre Lot

Building

Year Built
1954
Building Area Total
2,551
Levels
One
Stories Total
1

Utilities

Heating
Wall Furnace
Cooling
None
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Features
Driveway, Paved, Unpaved
Parking Total
0

Community / HOA

HOA
No
Association Fee
$0

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