201 E 111th Place
Los Angeles, CA, 90061
$525,000
Original list price: $550,000
MLS: PW26212810
Beds
2
Baths
1
Sq Ft
752
Lot
0.09 ac
Year Built
1925
MLS #
PW26212810
Days on Market
15
Listed
Sep 30, 2026
Description
Welcome to 201 E 111th Pl, a charming 1925 built single-family home situated in the heart of Southeast Los Angeles, offering a rare combination of character, outdoor space, and serious upside potential at an accessible price point in LA County. With a freshly painted exterior, a low maintenance artificial grass backyard, and a detached garage with strong ADU conversion potential, this property delivers immediate livability and long-term investment value that buyers will recognize right away. The home sits on a 3,916 square foot lot, generous for this part of Los Angeles, and the backyard artificial grass keeps things clean, green, and maintenance free year round. The detached garage is where the real opportunity lives. For the right buyer, this structure represents a legitimate path toward building a detached ADU, creating a rental income stream that helps offset the mortgage from day one. Buyer to verify permits and feasibility with the City of Los Angeles, but the bones are already there. At 752 square feet with 2 bedrooms and 1 bathroom, this home is smart and efficient, and if you are ready to plant roots in Los Angeles, an investor looking for a property with genuine upside, or anyone who understands that land and location in LA are what hold and build value over time. The 1925 build year gives this home the kind of character and solid construction that newer tract homes simply do not replicate. Located within the Los Angeles Unified School District, with One Hundred Seventh Street Elementary School and Samuel Gompers Middle School both nearby. Los Angeles Southwest College is just 2.2 miles away, making this a practical location for students and educators alike. Watts Towers Rodia State Park, local shopping, restaurants, and easy freeway access to the 110 and 105 put the greater Los Angeles area well within reach from this central Southeast LA location. Priced at $525,000 with ADU potential, a sizable lot, and a location that puts you right in the middle of Los Angeles. Schedule your private showing today.
Location
Los Angeles, Los Angeles County, CA 90061
Open on Google Maps ↗Listed by: George Hernandez · Real Broker
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$4,315
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $52,500 · Loan: $472,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,271
- Property tax (1.25%)
- $547
- Homeowners insurance
- $300
- Mortgage insurance
- $197
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $18,375 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
See Los Angeles, CA 90061 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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