533 W 111th Street, Los Angeles, CA 90044
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
533 W 111th Street,Los Angeles, CA 90044
$650,000
- 3 Beds
- 1 Baths
- 1,160 sq. ft.
- Single family
- Active
Listed by: ideen(eddie) toudeh fallah
Office: forward one
MLS#:25557447
Source:CRMLS
Price summary
- Price:$650,000
- Price per sq. ft.:$560.34
About this home
INCOME PRODUCING HOME WITH NEARLY COMPLETED 3 BEDROOM 2 BATHROOM ADU! $85,000 remaining to finish ADU, property has already appraised for $970,000 post completion of ADU. Incredible income-producing opportunity in the heart of South Los Angeles! Situated directly across from Figueroa Elementary School, this charming 3-bedroom, 1.5-bath single-story residence sits on a spacious lot and is already tenant-occupied, generating immediate rental income from day one. The main home offers 1,160 sq ft of comfortable living space and has been tastefully updated with a newer roof, fresh interior paint, original hardwood and tile flooring, and a thoughtful layout that includes a separate dining area, an inviting living room, and a dedicated laundry room. The property also includes a gated rear driveway with alley access and a detached garage, offering ample parking and potential for additional storage or creative use. What truly sets this property apart is the fully framed, detached two-story ADU in the rear. It is an 800 sq ft, 3-bedroom, 2-bath structure that is already well underway. With approved plans and permits already pulled, rough plumbing and electrical completed, and framing fully done, this ADU is just about two months away from completion. The current builder is ready and willing to finish the project at the originally quoted price, making this an ideal value-add opportunity for any investor or owner-user looking to maximize ROI with minimal hassle. Once complete, the ADU is projected to rent for $3,500-$3,600/month, offering tremendous cash flow potential. Located in a well-established and growing neighborhood, this property is near local schools, parks, shopping centers, public transportation, and offers quick access to major freeways for an easy commute throughout Los Angeles. Whether you're looking to add to your investment portfolio or secure a long-term property with significant upside, 533 W 111th Street is a rare chance to own a stabilized rental with a high-yielding ADU nearly ready to go for a buyer who is willing to complete the ADU project and enjoy the uptick in equity as well! Fully discerning buyer will be able to pick their own style of finishes and truly make the ADU their own.
Contact an agent
Home facts
- Year built:1940
- Listing ID #:25557447
- Added:190 day(s) ago
- Updated:December 19, 2025 at 02:14 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,160 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
Structure and exterior
- Year built:1940
- Building area:1,160 sq. ft.
- Lot area:0.11 Acres
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$560.34
New listings near 533 W 111th Street
- New
$899,900Active6 beds 4 baths2,500 sq. ft.9412 Wilmington Avenue, Los Angeles, CA 90002
MLS# DW26000421Listed by: CENTURY 21 ALLSTARS - New
$1,750,000Active4 beds 3 baths3,156 sq. ft.10662 Chiquita Street, Studio City, CA 91602
MLS# SR26000422Listed by: ROUZANNA PALADIN - New
$620,000Active3 beds 3 baths1,466 sq. ft.25408 Baycrest Court #I, Harbor City (los Angeles), CA 90710
MLS# CL25627133Listed by: PREMIER REAL ESTATE CO. - New
$1,895,000Active4 beds 3 baths1,925 sq. ft.6115 Glen Oak Street, Los Angeles, CA 90068
MLS# CL25630375Listed by: COMPASS - New
$1,160,000Active3 beds 3 baths1,614 sq. ft.10336 Wilshire Boulevard #201, Los Angeles, CA 90024
MLS# CL26632087Listed by: KELLER WILLIAMS BEVERLY HILLS - New
$1,165,000Active2 beds 2 baths1,711 sq. ft.10550 Wilshire Boulevard #1004, Los Angeles, CA 90024
MLS# 26632095Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$1,445,000Active2 beds 3 baths1,735 sq. ft.13650 Marina Pointe Drive #1009, Marina Del Rey, CA 90292
MLS# 26632097Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$699,900Active3 beds 2 baths1,826 sq. ft.7015 Harvard, Los Angeles, CA 90047
MLS# IV25280821Listed by: RE/MAX TIME REALTY - New
$579,900Active3 beds 3 baths1,305 sq. ft.18347 Saticoy Street #24, Reseda, CA 91335
MLS# SR25281267Listed by: PINNACLE ESTATE PROPERTIES, INC. - New
$699,900Active3 beds 2 baths1,826 sq. ft.7015 S Harvard, Los Angeles, CA 90047
MLS# IV25280821Listed by: RE/MAX TIME REALTY