2106 E 113th St Los Angeles, CA 90059
Watts NeighborhoodEstimated payment $5,801/month
Highlights
- 0.24 Acre Lot
- Wall Furnace
- 1-Story Property
- No HOA
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 in unit
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
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,392 | $623,375 | $514,012 | $109,363 |
| 2024 | $8,287 | $611,153 | $503,934 | $107,219 |
| 2023 | $8,136 | $599,170 | $494,053 | $105,117 |
| 2022 | $7,783 | $587,422 | $484,366 | $103,056 |
| 2021 | $7,680 | $575,905 | $474,869 | $101,036 |
| 2020 | $4,543 | $302,881 | $213,932 | $88,949 |
| 2019 | $4,386 | $296,943 | $209,738 | $87,205 |
| 2018 | $4,233 | $291,122 | $205,626 | $85,496 |
| 2016 | $4,026 | $279,820 | $197,643 | $82,177 |
| 2015 | $3,967 | $275,618 | $194,675 | $80,943 |
| 2014 | $3,991 | $270,220 | $190,862 | $79,358 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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.