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159 E 105th Street, Los Angeles, California 90003, Los Angeles, 90003 - 4 bed, 2 bath

159 E 105th Street, Los Angeles, California 90003 home-pic-0
ACTIVE$675,900
159 E 105th Street, Los Angeles, California 90003
4Beds
2Baths
2,052Sqft
5,414Lot
Year Built
1933
Close
-
List price
$676K
Original List price
$776K
Price/Sqft
$329
HOA
-
Days on market
-
Sold On
-
MLS number
PW25045896
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $675.9K(36th), sqft - 2052(57th), beds - 4(77th), baths - 2(75th).

(***Price Reduction***) DUPLEX, DUPLEX, DUPLEX - Beautiful corner lot located in Los Angles. Welcome to 159 E. 105th Street and 10415 Wall Street. Two on a lot with separate street addresses. Each unit offers 2 bedrooms and 1 bath. This is an incredible opportunity for first time home buyers looking for extra space for extended family, in-law needs or potential investment opportunities designed help build equity or create a positive cash flow. Imagine living in one home and letting the other home create a lucrative source of income from a dynamic renter's market throughout Los Angeles. This is a Probate Sale, No Court confirmation required. Property being sold As-Is, no repairs. Property to be sold with tenants. .

Price History

Date
Event
Price
10/09/25
Price Change
$675,900
04/30/25
Listing
$775,900
Condition Rating
Poor
Built in 1933 and explicitly sold 'As-Is, no repairs,' this property requires substantial rehabilitation. The kitchen is severely outdated with old, worn cabinets, countertops, and flooring, and appears to lack modern appliances. Other visible areas show dated finishes and wear, such as stained carpets and older light fixtures. Given the age and the 'as-is' condition, major systems (electrical, plumbing, HVAC) are likely original or very old and will require significant upgrades, making it uncomfortable by current living standards.
Pros & Cons

Pros

Duplex Configuration & Income Potential: The property is a duplex, offering immediate income generation potential from a dynamic Los Angeles rental market, ideal for investors or owner-occupants seeking positive cash flow.
Versatile Living Arrangement: Each unit features 2 bedrooms and 1 bath, providing flexibility for multi-generational living, extended family, or 'house hacking' by living in one unit and renting the other.
Corner Lot Location: Situated on a beautiful corner lot, which typically offers enhanced privacy, more natural light, and potentially better curb appeal compared to interior lots.
Streamlined Probate Sale: As a probate sale with 'No Court confirmation required,' the transaction process is significantly less complex and time-consuming than typical probate sales.
Recent Price Reduction: A substantial price reduction from $775,900 to $675,900 indicates a potential value opportunity and a motivated seller, making it more attractive to buyers.

Cons

As-Is Condition & No Repairs: The property is being sold 'As-Is' with no repairs, meaning the buyer will be responsible for all necessary renovations, upgrades, and deferred maintenance.
Sold with Existing Tenants: The property will be sold with tenants in place, which may complicate immediate owner occupancy plans and requires the buyer to assume landlord responsibilities.
Property Age & Potential Maintenance: Built in 1933, the property is nearly a century old, suggesting potential for outdated systems (plumbing, electrical) and significant deferred maintenance requiring capital investment.

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