553 W 109th, Los Angeles, CA 90044

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

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List Agent David Hazward () REALTY ONE GROUP ROADS; CoList ()

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
Lot Location
0-1 Unit/Acre, Yard
Days on Market
150
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

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.