Under ContractSingleFamilyResidence

1718 E 113th Street

Los Angeles, CA, 90059

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$750,000

MLS: 25524937

Beds

2

Baths

1

Sq Ft

1,406

Lot

0.16 ac

Year Built

1942

MLS #

25524937

Days on Market

257

Listed

Apr 15, 2025

Description

An exceptional investment opportunity awaits with this unique offering that includes THREE separate APNs (total of 13,721 sqft; 0.32 acres - all being sold together), creating a rare chance for redevelopment, expansion, or long-term hold in a high-demand area. Taking advantage of the latest Assembly Bills/Senate Bills with relaxed guideline for approval process, and helping to create more housing. Whether you're looking to build multiple units, subdivide, or maximize rental income, this parcel grouping offers unmatched flexibility. The property offers offering investors the opportunity to bring their vision and capitalize on the property's full potential. With generous lot square footage spread across the three parcels, the possibilities are extensive. ADUs, multi-unit development, or even a full reconfiguration! The choice is yours! Make this rare chance a reality for you!

Location

Los Angeles, Los Angeles County, CA 90059

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Listed by: Sandy Dunkley · Equity Los Angeles

Payment estimate

$5,510

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $75,000 · Loan: $675,000

%
Principal & Interest
$4,147
Property tax (1.25%)
$781
Homeowners insurance
$300
Mortgage insurance
$281
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $26,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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