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550 W 118th St, Los Angeles, CA 90044 - Main View

550 W 118th St, Los Angeles, CA 90044

Sale Price: $620,000

Sep 5, 20241,096 sqft3 beds1 baths

Listed by: Connor Duffy

License #: 02167870

Phone #: 951-260-2098

Abundance Real Estate

Source:

MLS #: SW24183887

Property Description

Welcome to 550 W 118th St, a 3 bedroom, 1 bathroom single family residence located in the heart of Los Angeles. This charming home boasts incredible potential, with many of its original features still intact, including beautiful hardwood floors that add character to the space. Additionally, the property includes a detached studio/ ADU in the backyard, complete with a full bathroom perfect for guests, additional rental income, or as a private workspace. The large lot offers RV access and ample parking, providing flexibility for additional vehicles or outdoor projects. While this home is a fixer and will be sold as is, it offers tremendous opportunity for the right buyer. Its prime location near the 105 and 110 freeways allows for easy access to SoFi Stadium, LAX, the Kia Forum, and the upcoming Intuit Dome. With some TLC, this property could become a dream home in an increasingly desirable area. Don’t miss out on this incredible opportunity!

Get a detailed valuation report, schedule a tour or make an offer!

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.”

DRE LICENSE #01997822

TurboHome Fair Market Estimate

TurboHome Savings

$11,019

TurboHome Estimated Value

$667,300

$609 sqft

High Valuation

$700,665

$639/sqft

Normal Valuation

$667,300

$609/sqft

Low Valuation

$633,935

$578/sqft

3rd Party Estimates

Source	$/sqft	Valuation
HouseCanary	$609/sqft	$667,300

Get a detailed valuation report, schedule a tour or make an offer!

Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

DRE LICENSE #01997822

Neighborhood: South Los Angeles

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Comparative Value

$600K

$620K

$650K

$750K

550 W 118th St, Los Angeles, CA 90044

List Price: $599,990

Subject Property

550 W 118th St, Los Angeles, CA 90044

Sale Price: $620,000

Selected Comparable

758 W 120th St, Los Angeles, CA 90044

Sale Price: $625,000

Selected Comparable

11900 Orchard Ave, Los Angeles, CA 90044

Sale Price: $650,000

Selected Comparable

443 W 118th Pl, Los Angeles, CA 90061

Sale Price: $653,000

Selected Comparable

654 W 112th St, Los Angeles, CA 90044

Sale Price: $750,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT