Samimi CRE Advisors
    Listings/2104 E 113th St
    2104 E 113th St - Photo 1
    multifamilyActive Listing

    2104 E 113th St

    Los Angeles, CA 90059

    Valuation

    $950,000

    Key Specifications

    Total Units

    3

    multifamily

    Year Built

    1954

    Value-Add Era

    Interior

    2,551 SF

    $372 / SF

    Lot Area

    10,295 SF

    Unit Mix

    multifamily

    1x 3-Bed/2-Bath, 2x 2-Bed/1-Bath

    Investment Highlights

    Oversized 10,295 SF parcel zoned LA R1, providing ample space for current expansions and strong future development
    One 2-bed/1-bath unit will be delivered entirely vacant, allowing the new owner to immediately command premium market rents.
    The property comes with fully approved, Ready-To-Issue (RTI) plans to construct a standalone 1,019 SF, 3-bed/2-bath ADU
    The RTI plans also include adding 538 SF to one of the existing 2-bed/1-bath units, further driving forced appreciation and rental income.
    Strategically located just minutes from major developments transforming Inglewood and the South Bay, including SoFi Stadium, Intuit Dome, and the Hollywood Park entertainment district.
    With the 2028 Summer Olympics approaching and continued infrastructure investment around LAX, this location is positioned for strong long-term tenant demand and economic growth.

    Property Overview

    An exceptional owner-user or investment opportunity awaits at 2104 E 113th St, an income-producing 3-unit property situated on a massive 10,295 SF lot in a rapidly appreciating Los Angeles submarket. One of the 2-bedroom/1-bathroom units will be delivered entirely vacant, offering immediate potential for premium market rents. This allows an owner to live in one unit while generating cash flow from the two rented units. The true highlight of this offering is the fully approved, Ready-To-Issue (RTI) plans. The site is shovel-ready for the construction of a 1,019 SF detached 3-bedroom/2-bathroom ADU, along with a 538 SF expansion to an existing unit. This allows an investor to transform the asset into a 4-unit compound without the typical delays associated with city entitlement processes. This property presents a perfect owner-user or investment opportunity with immediate upside for market-rate leasing and strong value-add potential. Listed at just $372.40/SF, it offers a significant discount compared to the market average of $475.62/SF. Its strategic location, minutes from major developments in Inglewood and the South Bay, including SoFi Stadium, Intuit Dome, and the Hollywood Park entertainment district, positions it for strong long-term tenant demand and economic growth, especially with the 2028 Summer Olympics approaching and continued infrastructure investment around LAX.