2106 E 113th St Los Angeles, CA 90059
Watts NeighborhoodEstimated payment $6,022/month
Highlights
- 0.24 Acre Lot
- Laundry Room
- 1-Story Property
- No HOA
- Wall Furnace
About This Home
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.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-420-2541 License #01993341 Listed on: 04/08/2026
Co-Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-420-2541 License #02035763
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 10,295 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,551 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Parking
- Parking Available
- Driveway
- Unpaved Parking
- Paved Parking
Utilities
- Wall Furnace
Listing and Financial Details
- Tax Lot 181
- Assessor Parcel Number 6067012025
- $991 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Building Details
- 2 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $3,189
- Water Sewer Expense $3,300
- New Taxes Expense $11,400
- Operating Expense $19,686
- Gross Income $92,192
- Net Operating Income $72,503
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/08/2026 04/08/26 | For Sale | $950,000 | -- | $372 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $570,000 | Usa National Title Company | |
| Grant Deed | $269,000 | Landsafe | |
| Interfamily Deed Transfer | -- | Landsafe Title Company | |
| Grant Deed | $165,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Trustee Deed | $255,000 | Accommodation | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Grant Deed | $305,000 | Lawyers Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $264,127 | FHA | |
| Previous Owner | $274,500 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26073220
APN: 6067-012-025
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Ask me questions while you tour the home.