1825 E 109th Place, Los Angeles, California 90059, Los Angeles, 90059 - bed, bath
ACTIVE$675,000
1825 E 109th Place, Los Angeles, California 90059
0Bed
0Bath
2,165Sqft
7,653Lot
Year Built
1908
Close
-
List price
$675K
Original List price
$695K
Price/Sqft
$312
HOA
-
Days on market
-
Sold On
-
MLS number
SB25091879
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $675.0K(33th), sqft - 2165(42th), beds - undefined(50th), baths - undefined(50th).
This property was originally a single-family house with 3 bedrooms and 1 bathroom and a single detached garage situated on a R2 zoned, 7,653 square foot lot. Property has been redeveloped into a 2-story duplex that is approximately 60% complete. The lot is large enough to add two additional standard ADUs or several “tiny home” ADUs. There approved plans and permits for the conversion. This is an opportunity for the savvy investor to complete the duplex and add ADUs to the site, live in one unit and rent out the other(s).
Nearby schools
3/10
Grape Street Elementary School
Public,•K-5•0.2mi
2/10
Lovelia P. Flournoy Elementary School
Public,•K-5•0.3mi
3/10
Compton Avenue Elementary School
Public,•K-5•0.6mi
2/10
Weigand Avenue Elementary School
Public,•K-5•0.7mi
5/10
Ritter Elementary School
Public,•K-5•0.7mi
3/10
One Hundred Twelfth Street Elementary School
Public,•K-5•0.8mi
3/10
Ninety-Sixth Street Elementary School
Public,•K-6•1.0mi
5/10
Martin Luther King Elementary School
Public,•PK-6•1.1mi
4/10
Ninety-Second Street Elementary School
Public,•K-6•1.2mi
2/10
One Hundred Ninth Street Elementary School
Public,•K-5•1.2mi
5/10
Ninety-Ninth Street Elementary School
Public,•K-6•1.3mi
6/10
Montara Avenue Elementary School
Public,•K-6•1.3mi
5/10
Lincoln Elementary School
Public,•K-5•1.4mi
4/10
One Hundred Sixteenth Street Elementary School
Public,•K-5•1.4mi
4/10
Judith F. Baca Arts Academy
Public,•K-6•1.4mi
4/10
Stanford Avenue Elementary School
Public,•K-5•1.5mi
7/10
Willow Elementary
Public,•K-5•1.6mi
5/10
Lindbergh Elementary School
Public,•K-6•2.0mi
4/10
Griffin Avenue Elementary School
Public,•K-5•9.2mi
3/10
Edwin Markham Middle School
Public,•6-8•0.4mi
2/10
Lincoln Elementary School
Public,•K-7•0.8mi
2/10
Southeast Middle School
Public,•6-8•1.1mi
3/10
Carver Elementary School
Public,•PK-8•1.1mi
2/10
Bunche Middle School
Public,•6-8•1.3mi
5/10
Willowbrook Middle School
Public,•6-8•1.4mi
1/10
Charles Drew Middle School
Public,•6-8•1.8mi
2/10
Cesar Chavez Middle School
Public,•6-8•2.1mi
2/10
Samuel Gompers Middle School
Public,•6-8•2.2mi
3/10
Lynwood Middle School
Public,•7-8•2.5mi
2/10
David Starr Jordan Senior High School
Public,•9-12•0.7mi
6/10
South East High School
Public,•9-12•1.2mi
9/10
Compton Early College High
Public,•9-12•1.5mi
3/10
Centennial High School
Public,•9-12•1.7mi
4/10
Lynwood High School
Public,•9-12•2.8mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.9mi
4/10
Marco Antonio Firebaugh High School
Public,•9-12•3.4mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,•6-12•3.5mi
Price History
Date
Event
Price
12/07/22
Sold
$280,000
Condition Rating
Poor
The property, originally built in 1908, is currently undergoing redevelopment into a duplex but is only approximately 60% complete. This means it is not habitable in its current state and requires substantial construction, investment, and project management to finalize. Major components are incomplete, rendering it unsafe and uncomfortable for living. While not a tear-down due to approved plans and ongoing redevelopment, its current condition necessitates significant rehabilitation to become functional.
Pros & Cons
Pros
Great Schools: High School: Compton Early College High (9/10).
Significant Income Generation Potential: The property is designed as a residential income asset, offering the opportunity to complete a duplex and add multiple ADUs, maximizing rental revenue.
Approved Plans and Permits: Existing approved plans and permits for the duplex conversion significantly streamline the development process, saving the buyer time and reducing regulatory hurdles.
Substantial ADU Development Opportunity: The generous 7,653 sq ft R2 zoned lot allows for the addition of two standard ADUs or several 'tiny home' ADUs, greatly enhancing the property's income potential.
Favorable R2 Zoning and Large Lot: The R2 zoning combined with a large 7,653 sq ft lot provides excellent flexibility for multi-unit development and expansion, a valuable asset in Los Angeles.
Strategic Los Angeles Market Location: Located in Los Angeles, the property benefits from a strong rental market and potential for long-term appreciation, especially for income-generating assets.
Cons
Incomplete Construction Requires Substantial Investment: The duplex is only approximately 60% complete, necessitating significant additional capital, time, and project management from the buyer to finalize the development.
Niche Buyer Profile: This property is explicitly marketed towards a 'savvy investor' or developer, limiting the potential buyer pool to those with the expertise and resources for a construction project.
Age of Original Structure: Originally built in 1908, despite redevelopment, the underlying older structure may present unforeseen challenges or require additional upgrades during the completion phase.