2477 E 111th Street, Los Angeles, California 90059, Los Angeles, 90059 - bed, bath
ACTIVE$775,000
2477 E 111th Street, Los Angeles, California 90059
0Bed
0Bath
2,712Sqft
6,282Lot
Year Built
1970
Close
-
List price
$775K
Original List price
$775K
Price/Sqft
$286
HOA
-
Days on market
-
Sold On
-
MLS number
PW24249376
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $775.0K(58th), sqft - 2712(58th), beds - undefined(50th), baths - undefined(50th).
Welcome to 2477 E 111th St, Los Angeles! This well-maintained duplex, built in 1970, is a fantastic investment opportunity or a perfect option for multi-generational living. Featuring a total of 8 bedrooms and 4 bathrooms across two units, this property boasts 2,712 square feet of living space on a spacious 6,282-square-foot lot. The property is zoned LCR2*, offering incredible potential for redevelopment, expansion, or simply enjoying steady rental income. Conveniently located near schools, shopping centers, parks, and major transportation routes, this duplex is situated in a high-demand area of Los Angeles. Whether you’re an investor looking for a promising addition to your portfolio or a buyer seeking a versatile property, this is an opportunity you don’t want to miss!
Nearby schools
5/10
Ritter Elementary School
Public,•K-5•0.0mi
2/10
Weigand Avenue Elementary School
Public,•K-5•0.5mi
3/10
Grape Street Elementary School
Public,•K-5•0.6mi
5/10
Lincoln Elementary School
Public,•K-5•0.7mi
6/10
Montara Avenue Elementary School
Public,•K-6•0.9mi
5/10
Martin Luther King Elementary School
Public,•PK-6•1.0mi
2/10
Lovelia P. Flournoy Elementary School
Public,•K-5•1.0mi
3/10
Compton Avenue Elementary School
Public,•K-5•1.2mi
4/10
Stanford Avenue Elementary School
Public,•K-5•1.2mi
4/10
Ninety-Second Street Elementary School
Public,•K-6•1.4mi
5/10
Lindbergh Elementary School
Public,•K-6•1.4mi
3/10
One Hundred Twelfth Street Elementary School
Public,•K-5•1.4mi
7/10
Willow Elementary
Public,•K-5•1.5mi
3/10
Ninety-Sixth Street Elementary School
Public,•K-6•1.5mi
4/10
Judith F. Baca Arts Academy
Public,•K-6•1.8mi
2/10
One Hundred Ninth Street Elementary School
Public,•K-5•1.9mi
5/10
Ninety-Ninth Street Elementary School
Public,•K-6•1.9mi
4/10
One Hundred Sixteenth Street Elementary School
Public,•K-5•2.0mi
4/10
Griffin Avenue Elementary School
Public,•K-5•9.3mi
2/10
Southeast Middle School
Public,•6-8•0.8mi
2/10
Bunche Middle School
Public,•6-8•1.0mi
3/10
Edwin Markham Middle School
Public,•6-8•1.1mi
2/10
Lincoln Elementary School
Public,•K-7•1.1mi
2/10
Cesar Chavez Middle School
Public,•6-8•1.4mi
3/10
Carver Elementary School
Public,•PK-8•1.5mi
5/10
Willowbrook Middle School
Public,•6-8•1.5mi
3/10
Lynwood Middle School
Public,•7-8•1.9mi
1/10
Charles Drew Middle School
Public,•6-8•2.1mi
2/10
Samuel Gompers Middle School
Public,•6-8•2.8mi
2/10
David Starr Jordan Senior High School
Public,•9-12•0.6mi
6/10
South East High School
Public,•9-12•0.8mi
9/10
Compton Early College High
Public,•9-12•1.5mi
3/10
Centennial High School
Public,•9-12•2.0mi
4/10
Lynwood High School
Public,•9-12•2.1mi
4/10
Marco Antonio Firebaugh High School
Public,•9-12•2.8mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,•6-12•2.9mi
3/10
John C. Fremont Senior High School
Public,•9-12•3.4mi
Price History
Date
Event
Price
01/04/11
Sold
$195,000
05/02/00
Sold
$173,500
03/17/00
Sold
$9,000
03/10/00
Sold
$119,000
03/29/99
Sold
$192,366
09/13/96
Sold
$195,000
Condition Rating
Fair
Built in 1970, this property is over 50 years old. While described as 'well-maintained,' the images reveal significantly dated interiors with worn carpets, older ceramic tile flooring, popcorn ceilings, and multiple window air conditioning units, indicating a lack of central cooling. The visible bathroom vanity is basic and outdated. The property is functional but requires minor to moderate updates to modernize its style, features, and systems, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Great Schools: High School: Compton Early College High (9/10).
Income-Generating Duplex: The property is a well-maintained duplex with 8 bedrooms and 4 bathrooms, ideal for investors seeking steady rental income or multi-generational living arrangements.
Redevelopment Potential: The LCR2* zoning offers significant potential for future redevelopment or expansion, adding long-term value and flexibility to the investment.
Strategic Location: Situated in a high-demand area of Los Angeles, with convenient access to schools, shopping centers, parks, and major transportation routes.
Generous Lot Size: A spacious 6,282-square-foot lot provides ample outdoor space and potential for further development or landscaping enhancements.
Substantial Living Space: With 2,712 square feet of living space, the duplex offers substantial room for two families or multiple tenants, maximizing rental potential.
Cons
Property Age: Built in 1970, the property is over 50 years old, suggesting potential for aging systems (plumbing, electrical, HVAC) and finishes that may require future upgrades or replacements.
Unspecified Modernization: While described as 'well-maintained,' the listing does not detail recent major renovations or modern amenities, which might indicate a need for cosmetic or functional updates to meet current market expectations.
Mixed School Ratings: While conveniently located near schools, several nearby public schools have lower ratings, which could be a consideration for families prioritizing highly-rated educational institutions.