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116 E 71st St, Los Angeles, CA 90003

Sale Price: $660,000
Apr 18, 2025964 sqft2 beds1 baths
Listed by: Christian Walsh
License #: 01804983
Phone #: 949-644-6200
Berkshire Hathaway HomeServices California Properties
Source:
CRMLS Logo
MLS #: PW25082017

Property Description

This large 2-bedroom, 1-bathroom single-level home in Los Angeles offers a spacious and practical layout with oversized rooms and an open floorplan. There’s even a bonus room at the back of the house that could easily be used as a 3rd bedroom. The property has been upgraded and updated and is ready for an owner occupant or prudent investor. In the backyard, a small secondary unit with one bedroom adds flexibility, whether for extended family, guests, or workspace. The private, low-maintenance backyard is complemented by a detached storage shed and a driveway with room to park several vehicles. There's also ample space to add a large garage or additional structure, subject to city requirements. Long held in the same family, this property presents a strong long-term investment opportunity in a sought-after location.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$12,258

TurboHome Estimated Value

$683,600

$709 sqft

High Valuation
$717,780
$745/sqft
Normal Valuation
$683,600
$709/sqft
Low Valuation
$649,420
$674/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$709/sqft$683,600

Neighborhood: Southeast Los Angeles

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Comparative Value

$440K

$550K

$570K

$660K

$725K

$745K

237 E 65th St, Los Angeles, CA 90003

Sale Price: $440,000

Selected Comparable

116 E 71st St, Los Angeles, CA 90003

List Price: $549,999

Subject Property

504 E 65th St, Los Angeles, CA 90003

Sale Price: $570,000

Selected Comparable

116 E 71st St, Los Angeles, CA 90003

Sale Price: $660,000

Selected Comparable

210 E 77th St, Los Angeles, CA 90003

Sale Price: $725,000

Selected Comparable

348 E 73rd St, Los Angeles, CA 90003

Sale Price: $745,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
116 E 71st St, Los Angeles, CA 90003

116 E 71st St, Los Angeles, CA 90003

List: $549,999

Listed: 4/18/2025

Area:964 sqft
Price/sqft:$571
Beds:2
Baths:1
Year Built:
Lot Size:5,127

Comparable Properties

COMPARABLE
Choose comps
116 E 71st St, Los Angeles, CA 90003

116 E 71st St, Los Angeles, CA 90003

Sale: $660,000

5/22/20250.00 mi

Area:964 sqft
Price/sqft:$685
Beds:2
Baths:1
Year Built:
Weight:22.7%
237 E 65th St, Los Angeles, CA 90003

237 E 65th St, Los Angeles, CA 90003

Sale: $440,000

6/18/20250.42 mi

Area:875 sqft
Price/sqft:$503
Beds:2
Baths:1
Year Built:
Weight:20.9%
210 E 77th St, Los Angeles, CA 90003

210 E 77th St, Los Angeles, CA 90003

Sale: $725,000

11/15/20240.42 mi

Area:988 sqft
Price/sqft:$734
Beds:2
Baths:1
Year Built:
Weight:19.9%
348 E 73rd St, Los Angeles, CA 90003

348 E 73rd St, Los Angeles, CA 90003

Sale: $745,000

11/18/20240.33 mi

Area:826 sqft
Price/sqft:$902
Beds:2
Baths:1
Year Built:
Weight:18.5%
504 E 65th St, Los Angeles, CA 90003

504 E 65th St, Los Angeles, CA 90003

Sale: $570,000

10/31/20240.54 mi

Area:1,104 sqft
Price/sqft:$516
Beds:2
Baths:1
Year Built:
Weight:18.0%

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