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1105 E 103rd Place, Los Angeles, California 90002, Los Angeles, 90002 - 3 bed, 4 bath

1105 E 103rd Place, Los Angeles, California 90002 home-pic-0
ACTIVE$779,000
1105 E 103rd Place, Los Angeles, California 90002
3Beds
4Baths
1,478Sqft
2,082Lot
Year Built
2022
Close
-
List price
$779K
Original List price
$779K
Price/Sqft
$527
HOA
-
Days on market
-
Sold On
-
MLS number
25546713
Home ConditionExcellent
Features
Deck
View

About this home

Fairly Priced:The estimated price is in line with the list price. We found 4 Cons,6 Pros. Rank: price - $779.0K(87th), sqft - 1478(80th), beds - 3(50th), baths - 4(96th).

NEWER CONSTRUCTION! New Build in 2022. Why rent when you can OWN?! Welcome home to this affordably-priced 2022 built contemporary single-family, move-in ready dwelling with detached ADU for income potential. In the heart of Los Angeles, pull into your private driveway or use the one-car garage and enjoy the modern open first floor plan you'll call home. Imagine having breakfast coffee at the sleek kitchen island or entertaining friends and hosting family holiday dinners in this open room style living/dining area with recessed lighting and a convenient powder room. Planned for privacy, the upstairs second story boasts two primary-size bedrooms, each with its own en suite contemporary bathroom. One of the bedrooms features sliding glass doors out to your private balcony where you can relax and enjoy our sunny CA weather. Bedroom two features a walk-in closet. This home has washer/drier hook-up, hardwood style floors, recessed lighting throughout and heating and air conditioning. Plus, out back, there's a bonus 1-bedroom, full bath, 379.25 sf ADU with heat/air conditioning, which is perfect for a family member or rental income. The solar panels are paid for making this an extra feature for low-cost electricity. Separate gas & electric meters for each unit. Best of all, is its location, location, location. Close to all major freeways, public transportation and the FREEDOM PLAZA boasting the best stores, restaurants, coffee shops, and landscaped walkable space. This property won't last. It qualifies for the DREAM HOME LOAN PROGRAM. Act now.

Nearby schools

5/10
Ninety-Ninth Street Elementary School
Public,•K-6•0.3mi
2/10
One Hundred Ninth Street Elementary School
Public,•K-5•0.5mi
3/10
Ninety-Sixth Street Elementary School
Public,•K-6•0.6mi
3/10
One Hundred Twelfth Street Elementary School
Public,•K-5•0.7mi
3/10
Ninety-Third Street Elementary School
Public,•K-6•0.9mi
4/10
One Hundred Seventh Street Elementary School
Public,•K-5•1.0mi
4/10
One Hundred Sixteenth Street Elementary School
Public,•K-5•1.1mi
5/10
Russell Elementary School
Public,•K-6•1.2mi
3/10
South Park Elementary School
Public,•K-6•1.4mi
5/10
One Hundred Eighteenth Street School
Public,•K-5•1.5mi
6/10
One Hundred Twenty-Second Street Elementary School
Public,•K-5•1.6mi
3/10
Edwin Markham Middle School
Public,•6-8•0.7mi
1/10
Charles Drew Middle School
Public,•6-8•1.4mi
3/10
Carver Elementary School
Public,•PK-8•1.4mi
2/10
Samuel Gompers Middle School
Public,•6-8•1.4mi
5/10
Willowbrook Middle School
Public,•6-8•2.1mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•2.5mi
2/10
David Starr Jordan Senior High School
Public,•9-12•1.4mi
3/10
Centennial High School
Public,•9-12•1.9mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.0mi
9/10
Compton Early College High
Public,•9-12•2.1mi

Price History

Date
Event
Price
11/30/22
Sold
$711,000
08/24/21
Sold
$394,500
Condition Rating
Excellent
This property is a new build from 2022, explicitly stated as 'NEWER CONSTRUCTION!' and 'move-in ready.' The images confirm a pristine condition with modern, contemporary finishes throughout. The kitchens feature sleek white cabinetry, light countertops, and recessed lighting, while the bathrooms boast contemporary vanities, modern fixtures, and stylish tile work. Hardwood-style floors, recessed lighting, and mini-split heating/AC units are present in both the main house and the ADU, indicating all components are new and meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: High School: Compton Early College High (9/10).
New Construction & Modern Features: Built in 2022, this property offers contemporary design, an open floor plan, sleek kitchen island, hardwood style floors, recessed lighting, and central heating and air conditioning, providing a move-in ready experience.
Detached ADU with Income Potential: A separate 1-bedroom, 1-bath ADU with its own heating/AC and separate utility meters provides significant rental income potential or flexible living arrangements for extended family.
Energy Efficiency & Cost Savings: Equipped with paid-for solar panels, the property offers reduced electricity costs, enhancing its long-term affordability and environmental appeal.
Strategic Location & Accessibility: Situated in the 'heart of Los Angeles,' the home boasts excellent access to major freeways, public transportation, and the vibrant FREEDOM PLAZA with its array of stores, restaurants, and walkable spaces.
Favorable Financing Options: The property qualifies for the 'DREAM HOME LOAN PROGRAM,' potentially making it more accessible and attractive to a broader range of buyers seeking specific financing advantages.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2082, living area = 1478.
Limited Lot Size: The relatively small lot size of 2082 sqft offers minimal outdoor yard space, which may be a drawback for buyers desiring larger private outdoor areas.
Single-Car Garage: The property features only a one-car garage, which might be insufficient for a household with multiple vehicles, especially considering the presence of an ADU.
Mixed Local School Ratings: While some schools have good ratings, several nearby public schools exhibit lower performance ratings, which could be a concern for families prioritizing top-tier public education.

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