533 W 111th St Los Angeles, CA 90044
Vermont Vista NeighborhoodEstimated payment $4,643/month
Total Views
4,820
3
Beds
1
Bath
1,160
Sq Ft
$647
Price per Sq Ft
Highlights
- Wood Flooring
- Views
- Bungalow
- No HOA
- Living Room
- Central Heating and Cooling System
About This Home
INCOME PRODUCING HOME WITH NEARLY COMPLETED 3 BEDROOM 2 BATHROOM ADU! $85,000 remaining to finish ADU, property has already appraised for $970,000 post completion of ADU. Incredible income-producing opportunity in the heart of South Los Angeles! Situated directly across from Figueroa Elementary School, this charming 3-bedroom, 1.5-bath single-story residence sits on a spacious lot and is already tenant-occupied, generating immediate rental income from day one. The main home offers 1,160 sq ft of comfortable living space and has been tastefully updated with a newer roof, fresh interior paint, original hardwood and tile flooring, and a thoughtful layout that includes a separate dining area, an inviting living room, and a dedicated laundry room. The property also includes a gated rear driveway with alley access and a detached garage, offering ample parking and potential for additional storage or creative use. What truly sets this property apart is the fully framed, detached two-story ADU in the rear. It is an 800 sq ft, 3-bedroom, 2-bath structure that is already well underway. With approved plans and permits already pulled, rough plumbing and electrical completed, and framing fully done, this ADU is just about two months away from completion. The current builder is ready and willing to finish the project at the originally quoted price, making this an ideal value-add opportunity for any investor or owner-user looking to maximize ROI with minimal hassle. Once complete, the ADU is projected to rent for $3,500-$3,600/month, offering tremendous cash flow potential. Located in a well-established and growing neighborhood, this property is near local schools, parks, shopping centers, public transportation, and offers quick access to major freeways for an easy commute throughout Los Angeles. Whether you're looking to add to your investment portfolio or secure a long-term property with significant upside, 533 W 111th Street is a rare chance to own a stabilized rental with a high-yielding ADU nearly ready to go for a buyer who is willing to complete the ADU project and enjoy the uptick in equity as well! Fully discerning buyer will be able to pick their own style of finishes and truly make the ADU their own.
Listing Agent
Keller Williams Hollywood Hills License #01969011 Listed on: 06/25/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,677
Year Built
- Built in 1940
Lot Details
- 4,881 Sq Ft Lot
- Lot Dimensions are 40x122
- Property is zoned LAR1
Home Design
- Bungalow
Interior Spaces
- 1,160 Sq Ft Home
- 1-Story Property
- Entryway
- Family Room
- Living Room
- Dining Room
- Wood Flooring
- Laundry in unit
- Property Views
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- Driveway
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 6075-022-020
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $6,677 | $543,452 | $395,006 | $148,446 |
| 2024 | $6,677 | $532,797 | $387,261 | $145,536 |
| 2023 | $6,554 | $522,351 | $379,668 | $142,683 |
| 2022 | $6,257 | $512,110 | $372,224 | $139,886 |
| 2021 | $4,950 | $404,701 | $323,762 | $80,939 |
| 2019 | $4,804 | $392,700 | $314,160 | $78,540 |
| 2018 | $4,786 | $385,000 | $300,000 | $85,000 |
| 2016 | $499 | $35,153 | $16,749 | $18,404 |
| 2015 | $493 | $34,626 | $16,498 | $18,128 |
| 2014 | $505 | $33,948 | $16,175 | $17,773 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Price Changed | $750,000 | -4.5% | $647 / Sq Ft |
| 06/25/2025 06/25/25 | For Sale | $785,000 | +103.9% | $677 / Sq Ft |
| 02/27/2018 02/27/18 | Sold | $385,000 | 0.0% | $332 / Sq Ft |
| 01/01/2018 01/01/18 | Pending | -- | -- | -- |
| 12/19/2017 12/19/17 | For Sale | $385,000 | 0.0% | $332 / Sq Ft |
| 12/15/2017 12/15/17 | Pending | -- | -- | -- |
| 12/09/2017 12/09/17 | Price Changed | $385,000 | -8.3% | $332 / Sq Ft |
| 11/10/2017 11/10/17 | For Sale | $420,000 | -- | $362 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Pacific Coast Title | |
| Grant Deed | $385,000 | Stewart Title Of California | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $39,780 | New Conventional | |
| Open | $375,900 | New Conventional | |
| Closed | $371,100 | No Value Available | |
| Previous Owner | $378,026 | FHA | |
| Previous Owner | $540,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $420,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $292,500 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $113,500 | Unknown |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: The MLS
MLS Number: 25557447
APN: 6075-022-020
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 437 W 111th Place
- 11166 S Figueroa St
- 650 W 111th St
- 10908 S Figueroa St
- 611 W 109th St
- 413 W 109th Place
- 548 W 108th St
- 701 W 112th St
- 730 W 111th St
- 432 W 107th St
- 720 W 108th St
- 760 W 110th St
- 800 W 110th St
- 11400 S Hoover St
- 407 W 107th St
- 11204 S Broadway
- 542 W 105th St
- 310 W 107th St
- 764 W 107th St
- 317 W 107th St
- 11164 S Figueroa St
- 642 W 109th Place
- 407 W 107th St
- 407 W 107th St Unit 1/2
- 11226 S Broadway Unit House
- 10414 S Hoover St Unit 10414
- 122 W 110th St
- 10518 S Vermont Ave
- 642 W 103rd St
- 11201 S Main St
- 11116 Berendo Ave Unit 1
- 10217 S Grand Ave
- 1043 W 107th St
- 10800 S Main St
- 10609 S Main St Unit Main street
- 1129 W 109th Place
- 1138 W 109th Place
- 1101 W 106th St Unit 3
- 11707 S Vermont Ave
- 11707 S Vermont Ave