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623 E 116th St, Los Angeles, CA 90059

List Price: $699,999On Market FlagOn market
Mar 31, 20251,034 sqft3 beds2 baths
Listed by: Tedra Godfrey
License #: 02232285
Phone #: 707-853-5133
NB Elite Realty
Source:
CRMLS Logo
MLS #: 41091472

Property Description

Back on Market! Buyer Couldn’t Secure Financing – Their Loss, Your Gain! Stunning Fully Renovated 3-Bedroom Home with ADU Potential This beautifully renovated 3-bedroom, 2-bathroom home is back on the market after the previous buyer was unable to secure financing. Here’s your second chance to own this move-in ready gem! Enjoy a complete renovation throughout, featuring: • Brand-new electrical and plumbing systems • Upgraded insulation for improved energy efficiency • New central A/C for year-round comfort • Bright, open-concept living space that flows into a modern kitchen with sleek cabinetry and elegant countertops • Two fully updated bathrooms with stylish, high-end finishes Additional highlights: • 550 sq. ft. detached garage—perfect for conversion into an in-law suite or studio • Expansive lot with ADU potential (with proper permits) for extra living space or rental income Located in a desirable Los Angeles neighborhood, close to schools, shopping, and major freeways, this property offers modern comfort and future investment opportunities all in one. Don’t miss out—schedule a showing today!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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

$10,629

TurboHome Estimated Value

$704,300

$681 sqft

High Valuation
$739,515
$715/sqft
Normal Valuation
$704,300
$681/sqft
Low Valuation
$669,085
$647/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$681/sqft$704,300

Neighborhood: Southeast Los Angeles

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Comparative Value

$554K

$590K

$605K

$665K

$700K

948 E 116th St, Los Angeles, CA 90059

Sale Price: $554,000

Selected Comparable

905 E 113th St, Los Angeles, CA 90059

Sale Price: $555,000

Selected Comparable

914 E 113th St, Los Angeles, CA 90059

Sale Price: $590,000

Selected Comparable

937 E 114th St, Los Angeles, CA 90059

Sale Price: $605,000

Selected Comparable

849 E 119th St, Los Angeles, CA 90059

Sale Price: $665,000

Selected Comparable

623 E 116th St, Los Angeles, CA 90059

List Price: $699,999

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
623 E 116th St, Los Angeles, CA 90059

623 E 116th St, Los Angeles, CA 90059

List: $699,999

Listed: 3/31/2025

Area:1,034 sqft
Price/sqft:$677
Beds:3
Baths:2
Year Built:
Lot Size:5,682

Comparable Properties

COMPARABLE
Choose comps
914 E 113th St, Los Angeles, CA 90059

914 E 113th St, Los Angeles, CA 90059

Sale: $590,000

6/5/20250.39 mi

Area:924 sqft
Price/sqft:$639
Beds:3
Baths:2
Year Built:
Weight:22.4%
948 E 116th St, Los Angeles, CA 90059

948 E 116th St, Los Angeles, CA 90059

Sale: $554,000

4/2/20250.43 mi

Area:1,196 sqft
Price/sqft:$463
Beds:3
Baths:2
Year Built:
Weight:20.8%
937 E 114th St, Los Angeles, CA 90059

937 E 114th St, Los Angeles, CA 90059

Sale: $605,000

10/30/20240.42 mi

Area:896 sqft
Price/sqft:$675
Beds:3
Baths:2
Year Built:
Weight:20.1%
849 E 119th St, Los Angeles, CA 90059

849 E 119th St, Los Angeles, CA 90059

Sale: $665,000

11/18/20240.44 mi

Area:1,267 sqft
Price/sqft:$525
Beds:3
Baths:2
Year Built:
Weight:18.9%
905 E 113th St, Los Angeles, CA 90059

905 E 113th St, Los Angeles, CA 90059

Sale: $555,000

9/27/20240.39 mi

Area:920 sqft
Price/sqft:$603
Beds:3
Baths:1
Year Built:
Weight:17.9%

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