205 W 98th St, Los Angeles, CA 90003 - View 1
205 W 98th St, Los Angeles, CA 90003 - View 2
205 W 98th St, Los Angeles, CA 90003 - View 3
205 W 98th St, Los Angeles, CA 90003 - View 4
205 W 98th St, Los Angeles, CA 90003 - View 5
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205 W 98th St, Los Angeles, CA 90003

List Price: $499,000On Market FlagOn market
Jul 1, 20251,472 sqft3 beds2 baths
Listed by: Mark Benardo
License #: 01402731
Phone #: 949-916-6275
Orange County Realty Services
Source:
CRMLS Logo
MLS #: OC25136313

Property Description

Investors, here’s your next big win in Los Angeles. Located at 205 W 98th St, this 3-bedroom, 2-bathroom home sits on a flat 5,400 square foot lot and offers 1,472 square feet of living space. The real value lies in its LAR2 zoning, giving you the ability to add units, build a duplex, or create an income-generating property tailored to today’s rental market. Built in 1921, this single-story structure has great bones and is ready for a transformation. Whether you're planning to renovate and flip, live in one unit and rent out another, or develop new housing to meet high demand, this property delivers flexibility and profit potential. There's a garage, driveway access, and plenty of room to expand. The location is ideal for renters and buyers alike, with easy access to public transit, schools, and local amenities. Investors know how rare it is to find LAR2 lots with this kind of footprint and promise. With the right upgrades or redevelopment, this home could quickly become a high-yield income property or a major equity builder. Don't miss out on a property that’s primed for growth and packed with future earning power. Bring your plans and make the most of this rare opportunity in a fast-moving market.
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

$12,318

TurboHome Estimated Value

$660,100

$448 sqft

High Valuation
$693,105
$471/sqft
Normal Valuation
$660,100
$448/sqft
Low Valuation
$627,095
$426/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$448/sqft$660,100

Neighborhood: Southeast Los Angeles

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Comparative Value

$499K

$630K

$650K

$710K

$742K

$765K

205 W 98th St, Los Angeles, CA 90003

List Price: $499,000

Subject Property

222 W 105th St, Los Angeles, CA 90003

Sale Price: $630,000

Selected Comparable

358 E 97th St, Los Angeles, CA 90003

Sale Price: $650,000

Selected Comparable

239 W 93rd St, Los Angeles, CA 90003

Sale Price: $710,000

Selected Comparable

433 E 97th St, Los Angeles, CA 90003

Sale Price: $742,000

Selected Comparable

413 E 95th St, Los Angeles, CA 90003

Sale Price: $765,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
205 W 98th St, Los Angeles, CA 90003

205 W 98th St, Los Angeles, CA 90003

List: $499,000

Listed: 7/1/2025

Area:1,472 sqft
Price/sqft:$339
Beds:3
Baths:2
Year Built:
Lot Size:5,405

Comparable Properties

COMPARABLE
Choose comps
239 W 93rd St, Los Angeles, CA 90003

239 W 93rd St, Los Angeles, CA 90003

Sale: $710,000

7/25/20250.32 mi

Area:1,404 sqft
Price/sqft:$506
Beds:3
Baths:2
Year Built:
Weight:22.2%
433 E 97th St, Los Angeles, CA 90003

433 E 97th St, Los Angeles, CA 90003

Sale: $742,000

7/2/20250.60 mi

Area:1,410 sqft
Price/sqft:$526
Beds:3
Baths:2
Year Built:
Weight:21.3%
358 E 97th St, Los Angeles, CA 90003

358 E 97th St, Los Angeles, CA 90003

Sale: $650,000

3/26/20250.51 mi

Area:1,300 sqft
Price/sqft:$500
Beds:3
Baths:2
Year Built:
Weight:19.3%
413 E 95th St, Los Angeles, CA 90003

413 E 95th St, Los Angeles, CA 90003

Sale: $765,000

12/20/20240.59 mi

Area:1,378 sqft
Price/sqft:$555
Beds:3
Baths:2
Year Built:
Weight:19.1%
222 W 105th St, Los Angeles, CA 90003

222 W 105th St, Los Angeles, CA 90003

Sale: $630,000

2/7/20250.48 mi

Area:1,210 sqft
Price/sqft:$521
Beds:3
Baths:2
Year Built:
Weight:18.2%

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