$950,000

Estimated payment $6,022/month

Total Views 264
7 Beds
4 Baths
2,551 Sq Ft
$372 Price per Sq Ft

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

Michael Padilla

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-420-2541 License #01993341 Listed on: 04/08/2026

Lyon Stahl Investment Real Estate, Inc.

Co-Listing Agent

Cameron Samimi

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

10,295 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 7.63
  • Property Attached: No
  • Water Sewer Expenses: 3300.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6067012025
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 372.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Paved, Driveway, Unpaved

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10295.00
  • Lot Size Acres: 0.2363
  • Latitude Manual: 33.93212200

Rental Info

  • Tenant Pays: Gas, Trash Collection, Electricity

Multi Family

  • Gross Income: 92192.00
  • Gross Multiplier: 9.79
  • Gross Operating Income: 92192.00
  • Gross Scheduled Income: 97044.00
  • Insurance Expense: 3189.00
  • Lot Size Area: 10295.0000 Square Feet
  • Net Operating Income: 72503.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 16689.00
  • Rent Control: Yes
  • Total Actual Rent: 8087.00
  • Total Expenses: 19686.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 11400.00
  • Tax Lot: 181
  • TaxOtherAnnualAssessmentAmount: 991.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: California Regional Multiple Listing Service (CRMLS)

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $264,127 FHA
Previous Owner $274,500 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB26073220

California Regional Multiple Listing Service (CRMLS)

APN: 6067-012-025

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