553 W 109th, Los Angeles, CA 90044

$699,899
3
BD
2
BA
1,587
SqFt

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List Price
$699,899
Price Change
▼ $100 1784186956
Status
ACTIVE
MLS#
IG26037281
Year Built
1960
Bedrooms
3
Bathrooms
2
Living Sq. Ft
1,587
Lot Size
4,880
Acres
0.11
Lot Location
0-1 Unit/Acre, Yard
Days on Market
154
Property Type
Single Family Residential
Style
Contemporary, Ranch
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

Second chances don't come often! The previous buyer couldn't perform, opening the door for you to secure this incredible cash-flow opportunity at 553 W 109th St. This oversized 1,587 sq. ft. 3-bedroom, 2-bathroom home has been fully remodeled for zero-headache ownership. Walk into a stunning interior featuring a pristine quartz kitchen, brand-new flooring, a newer roof, and upgraded systems throughout. The true value lies in the tremendous upside potential. The detached 2-car garage offers a seamless opportunity for an ADU conversion, instantly transforming this property into a lucrative dual-income asset. Set on a fully gated lot, the property provides expansive secure parking for up to 7 vehicles—a massive selling point for future tenants. Located just minutes from SoFi Stadium, DTLA, and LAX, this turnkey home offers endless possibilities. Rent both units for maximum passive income, or live in the main home and let your ADU tenant cover the mortgage. This high-cap-rate property is priced to move and ready for its new owner!

Additional Information

Appliances
6 Burner Stove, Dishwasher, Gas Oven, Gas Water Heater, High Efficiency Water Heater, Microwave, Water Heater
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
City Lights
Exterior Construction
Aluminum Siding, Asphalt, Brick, Block, Stucco, Steel
Patio
Brick, Concrete, Enclosed, Front Porch, Open, Patio
Roof
Asphalt, Shingle
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified
Interior Features
Block Walls, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Open Floorplan, Pantry, Unfurnished, All Bedrooms Down, Attic, Bedroom on Main Level, Entrance Foyer, French Door(s)/Atrium Door(s), Main Level Primary, Primary Suite
Attached Structure
Detached
Number Of Units Total
1

Listing courtesy of Listing Agent: David Hazward (dhazwardr1g@outlook.com) from Listing Office: REALTY ONE GROUP ROADS.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.