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Closed
- Listed price
- $750,000
- Listed Apr 20, 2022
- Sold price
- $750,000
- Sold Jun 10, 2022
6,126 sqft lot|1950 Built|11 MLS days on market
103 E 118TH Pl, Los Angeles, CA 90061
Property Description
This is an opportunity to acquire a two-story, four-unit complex comprised of (4) two-bedroom, one-bath units. Built in 1950, the 3,230 SF building sits on a 6,126 SF lot. The property features five parking spaces, (2) two-car garages, and (1) surface parking space and separate meters for gas and electricity - minimizing the owner's responsibility on utilities. Situated between Interstate 105 and Interstate 110, 103 E 118th Place is in close proximity to Harbor Freeway Green Line Station. Just a short driveaway from Downtown Los Angeles, Dockweiler Beach, and Long Beach. The immediate area is experiencing an influx of affordable housing developments including Dahlia Apartments and Hope on Avalon. Given recent trends in the market, this is an ideal opportunity for an investor looking for a great cash-flow and rental upside potential. In addition to the rental upside potential, it is possible for a new buyer to develop an ADU at the front of the property without having to take away parking. Drive by only, please do not disturb tenants.
Listing agent: John WrightDRE #01985584charles.wright@matthews.com, Listing office: Matthews Real Estate Investment Services
MLS data updated 10/29/2026, 3:08:40 PM PT
Source: CRMLSMLS #: 22148179
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$750,000
Jun 10, 2022
Available records22022
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$750,000Closed sale · Jun 10, 2022ZIP 90061 · Jun 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsApr 20, 2022 – Jun 10, 2022
ZIP 90061 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.