RealKey
‪(213) 433-7766‬

145 145 W 115th, Los Angeles, California 90061, Los Angeles, 90061 - bed, bath

145 145 W 115th, Los Angeles, California 90061 home-pic-0
ACTIVE$650,000
145 145 W 115th, Los Angeles, California 90061
0Bed
0Bath
1,762Sqft
4,986Lot
Year Built
1924
Close
-
List price
$650K
Original List price
$715K
Price/Sqft
$369
HOA
-
Days on market
-
Sold On
-
MLS number
OC25229116
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $650.0K(17th), sqft - 1762(25th), beds - undefined(50th), baths - undefined(50th).

Welcome to 143-145 W 115th St, Los Angeles, CA 90061 — a great opportunity in a super convenient part of LA with tons of potential. This property comes with ready-to-go plans for a spacious 2-story, 5-bedroom, 2-bathroom ADU (approx. 1,200 sq ft). The hard part is done — the blueprints are already designed and just waiting for the buyer to submit to the planning department. Full details of the plans will be shared once we open escrow, so you’ll be all set to move forward. The property itself includes a front unit with 4 bedrooms and 2 bathrooms, and a back unit with 2 bedrooms and 1 bathroom — perfect for extended family, guests, or rental income. There’s also a 2-car garage with potential to be converted into the ADU. The home is fully metered with 2 gas and 2 electric meters, which makes it super practical for multiple occupants. The big backyard is great for relaxing or entertaining, and the location is hard to beat — close to the 110 and 105 freeways, public transportation (including Metro rail), and walking distance to schools, restaurants, and more. Whether you want to live in one unit and rent the other, or just add a valuable income-producing property to your portfolio, this place has the flexibility to make it work. And as a bonus, Don’t miss your chance to own a property that offers both comfort and opportunity, lots of possibilities for yourself!

Price History

Date
Event
Price
12/16/25
Price Change
$650,000-9.1%
09/30/25
Listing
$715,000
Condition Rating
Poor
Built in 1924, this property is nearly 100 years old and shows extensive deferred maintenance with no evidence of major renovations in recent decades. The images reveal extremely outdated and worn conditions in both the kitchen and bathrooms, featuring old cabinets, laminate countertops, basic fixtures, and very old tiling. Other interior spaces display worn flooring (linoleum/old carpet), dated light fixtures, and old wall heaters. The exterior also exhibits peeling paint and exposed, aged utility lines. While likely habitable, it requires substantial repairs and rehabilitation, including complete overhauls of the kitchen and bathrooms, and probable upgrades to major systems like electrical, plumbing, and HVAC, to meet modern living standards.
Pros & Cons

Pros

ADU Development Potential: The property includes ready-to-go plans for a spacious 2-story, 5-bedroom, 2-bathroom ADU (approx. 1,200 sq ft), significantly reducing the initial hurdle for value-add development.
Income-Generating Duplex: Comprising a 4-bedroom/2-bathroom front unit and a 2-bedroom/1-bathroom back unit, the property offers immediate rental income potential or flexible multi-generational living arrangements.
Strategic Location & Accessibility: Situated in a highly convenient part of Los Angeles, with excellent access to the 110 and 105 freeways, public transportation (Metro rail), and walking distance to local amenities.
Independent Metering: The property is fully metered with two separate gas and electric meters, simplifying utility management and enhancing its appeal for multiple occupants or rental units.
Recent Price Adjustment: The list price has been reduced from $715,000 to $650,000, potentially offering a more attractive entry point and better value for prospective buyers.

Cons

Age of Property & Condition: Built in 1924, the existing structures are nearly a century old, suggesting potential for deferred maintenance, outdated systems, and the need for significant modernization to meet contemporary standards.
ADU Construction & Permitting Responsibility: While plans are provided, the buyer is responsible for submitting them to the planning department, obtaining permits, and funding the entire ADU construction, representing a substantial additional investment of time and capital.
Unspecified Current Unit Condition: The description heavily emphasizes future potential rather than the current condition of the existing units, implying they may be in original or dated condition and could require immediate renovation to maximize rental income or livability.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state