840 W 115th Street, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath
ACTIVE$900,000
840 W 115th Street, Los Angeles, California 90044
0Bed
0Bath
1,530Sqft
5,278Lot
Year Built
1941
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$588
HOA
-
Days on market
-
Sold On
-
MLS number
DW25075925
Home ConditionExcellent
Features
Patio
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $900.0K(73th), sqft - 1530(18th), beds - undefined(50th), baths - undefined(50th).
Great single Family Residence with 2 ADU'S. Each with their own separate address and meters. Main Residence has 2 bedroom and 1 bath. The 1st Standard ADU HAS 1 BEDROOM AND 1 BATH. The second ADU is an attached ADU considered Junior ADU with 1 bedroom and 1 bath as well. The Standard ADU HAS AN APPROX SQFT OF 400 SQFT and the Junior ADU has 350 sqft. Must see to appreciaate.
Nearby schools
3/10
West Athens Elementary School
Public,•K-5•0.4mi
5/10
Figueroa Street Elementary School
Public,•K-5•0.5mi
5/10
Woodcrest Elementary School
Public,•K-5•0.6mi
5/10
One Hundred Eighteenth Street School
Public,•K-5•1.1mi
3/10
Ninety-Fifth Street Elementary School
Public,•K-5•1.3mi
4/10
Charles W. Barrett Elementary School
Public,•K-5•1.4mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•2.0mi
4/10
Manchester Avenue Elementary School
Public,•1-6•2.0mi
/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•2.0mi
2/10
Samuel Gompers Middle School
Public,•6-8•0.8mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•1.5mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•3.4mi
9/10
Middle College High School
Public,•9-12•2.6mi
3/10
John C. Fremont Senior High School
Public,•9-12•3.0mi
Price History
Date
Event
Price
03/19/21
Sold
$581,000
01/16/15
Sold
$290,000
Condition Rating
Excellent
Despite the original build year of 1941, the property, including the main residence and both ADUs, has undergone an extensive and very recent renovation. All kitchens feature modern white shaker cabinets, light countertops (likely quartz/granite), and stainless steel appliances. Bathrooms are updated with contemporary vanities, subway tile showers, and modern fixtures. Throughout all units, there is consistent new laminate/engineered wood flooring, fresh paint, and modern light fixtures (including recessed lighting). The overall aesthetic and visible components are virtually new, meeting current quality standards with no deferred maintenance, aligning with an 'Excellent' condition score for a recently renovated property.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Exceptional Income Potential: The property features a main residence and two Accessory Dwelling Units (ADUs), each with separate addresses and meters, offering significant rental income opportunities or multi-generational living arrangements.
Desirable Multi-Unit Configuration: Classified as a Triplex, this property is well-suited for investors seeking multiple revenue streams or owner-occupants looking to offset mortgage costs with rental income.
Strategic ADU Integration: The presence of two ADUs (one standard, one junior) is a highly sought-after feature in the current market, maximizing property utility and value in a high-demand area.
Strong Appreciation Trend: The property has demonstrated significant value appreciation, having sold for $290,000 in 2015 and $581,000 in 2021, indicating a robust investment history and potential for continued growth.
Good Elementary School Access: Proximity to several highly-rated elementary schools (e.g., Woodcrest Elementary, Figueroa Street Elementary, One Hundred Eighteenth Street School all rated 5) is an attractive feature for families.
Cons
Advanced Age of Main Residence: Built in 1941, the primary structure is over 80 years old, potentially requiring significant maintenance, system upgrades, or renovation to meet modern standards and buyer expectations.
Compact Unit Sizes: The individual living spaces, particularly the ADUs (400 sqft and 350 sqft) and likely the main house (approximately 780 sqft), are relatively small, which may limit tenant appeal or family suitability.
Mixed School Performance: While elementary schools are well-rated, nearby middle and high schools show lower performance ratings, which could be a deterrent for families with older children considering the area.