$575,000
943 E 104th, Los Angeles, CA 90002
Value-Add 2BR/1BA Single-Story Home on 5,028 sqft Lot
2 Bed · 1 Bath · 810 Sq Ft
Large lot with expansion potential in South Los Angeles — priced to allow renovation
2
Beds
1
Baths
810
Sq Ft
1944
Built
0.12 acres
Lot
No garage listed; driveway and street parking
Garage
About 943 E 104th St
943 E 104th is a straightforward single-story opportunity for buyers and investors who want to enter the Los Angeles market with upside. The home offers two bedrooms and one bathroom across approximately 810 square feet, sited on a notably deep 5,028 sqft lot. Built in 1944, the existing layout is compact and functional with a small porch entry, living room, kitchen and private rear yard. The current condition is original-to-era in many areas; expect to modernize kitchen and bath, update systems, and refresh finishes.
What sets this parcel apart is the lot—rare in this submarket to find a single-family parcel of this size that is still available. The lot creates realistic options to add living area, build an accessory dwelling unit (ADU) or convert outdoor space into additional rentable units (subject to LA City permits). With no attached garage and a single-level floorplan, the property is economical to renovate and accessible to a broad buyer pool.
The location sits in the Florence/Watts section of South Los Angeles with convenient access to neighborhood shopping, quick drives to the I-110 / I-105 corridors, and local LAUSD schools. This is an ideal pick for an owner-occupant who wants to thoughtfully modernize and personalize a home, or for an investor focused on rental yield improvement and long-term value creation via permitted expansion.
Offered at $575,000. Contact listing agent Blanca Jimenez at Big Block Powerhouse Realty for showing details and to request inspection and permit history. Buyers should verify school assignments, property taxes and zoning/ADU eligibility; bring contractor bids for renovation budgeting.
Home Highlights
Property Features
Interior Features
- 2 bedrooms, 1 full bathroom
- Approximately 810 sq ft of living area
- Single-level layout (ranch style)
- Original/period finishes—opportunity for cosmetic and mechanical upgrades
- Smoke detector included
Exterior & Lot
- Large 5,028 sqft lot (≈0.12 acres)
- Private rear yard suitable for landscaping or ADU
- Driveway and on-street parking
- Mature neighborhood trees and established streetscape
Location & Neighborhood
- Situated in Florence/Watts area of South Los Angeles
- Short drive to local shopping corridors and neighborhood services
- Quick access to I-110 and I-105 freeways (within a few miles)
- Part of LAUSD (verify assigned schools)
Walkability & Recreation
- Walkability Rating: 55/100
- Nearby parks and recreation centers within a short drive
- Neighborhood retail, markets and transit options are walkable depending on exact route
Neighborhood & Location
Florence/Watts is a densely populated, traditionally working-class South L.A. neighborhood characterized by bungalow and single-story homes on modest lots, local retail corridors, and community parks. The area offers an affordable entry point to Los Angeles homeownership and strong rental demand. Streets are pedestrian- and car-oriented, with most daily needs served by nearby markets and strip retail. Neighborhood revitalization and investment activity have been gradual but present, particularly where larger lots enable expansion.
Market Insights
South Los Angeles remains a value-driven segment of the LA market. Inventory for single-family homes under $700k is limited relative to demand, keeping competition steady among entry-level buyers and investors. Median sales in surrounding neighborhoods are typically below county averages but show year-over-year gains in the low single digits and multi-year appreciation in the mid-teens. Properties with larger lots and ADU potential command premiums due to limited developable land. For this listing, the elevated price-per-square-foot (~$710/sf) reflects the lot and redevelopment upside more than the current interior condition. Buyers should expect to reconcile per-sf metrics with post-renovation comps. Financing is available for buyers willing to perform work — investor buyers may prefer cash or renovation loans to streamline closing and immediate repairs.
Nearby Schools
103rd Street Elementary (LAUSD)
Elementary · 0.5 mi (approx.)
John Muir Middle School (LAUSD) — verify boundary
Middle · 1.5 mi (approx.)
Fremont Senior High School (LAUSD) — verify boundary
High · 1.0–2.0 mi (approx.)
Walkability & Recreation
Nearby parks and community recreation centers are a short drive away; local streets are walkable for errands though many residents rely on cars for commuting.
Investment Highlights
- 5,028 sqft lot—larger-than-average parcel for the immediate area (expansion/ADU potential)
- Single-story layout (accessible living) with straightforward rehab scope
- Priced at $575,000 — entry point into Los Angeles single-family ownership
- Low supply of sub-$700k single-family homes in South LA supports demand
Key Findings
- 2 beds / 1 bath, 810 sqft (per listing)
- Built in 1944; likely requires modernization
- Lot size 5,028 sqft increases redevelopment flexibility
- No garage listed; parking likely driveway and street
- Listed by Big Block Powerhouse Realty; days on market 1 at time of scrape
Things to Consider
- Older systems and finishes; budget for plumbing, electrical, roofing and HVAC repairs/updates
- Per-square-foot list price (~$710) is high relative to condition—buyers should confirm comps and appraisal
- Zoning and permit constraints for additions/ADUs must be verified with City of Los Angeles
Opportunity Analysis
Acquire a small single-family home on an oversized lot in South Los Angeles for value-add renovation and/or permitted expansion (ADU) to increase rental income or resale value.
Potential Use Scenarios
- Owner-occupant cosmetic/full renovation to modernize and improve living quality
- Investor purchase with light rehab and rent stabilization, then add ADU (subject to zoning/permitting) to increase cash flow
- Buy subject to inspection and obtain competitive bids for work prior to finalizing offer
Risk Factors
- Unseen deferred maintenance and costs that can erode returns
- Approval delays or denials for additions/ADUs from LA City permitting
- Neighborhood comps and appraisal may not support higher-end renovation premiums
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$540K
Midpoint
$575K
High
$610K
$709.88/SF estimated price per square foot
Estimate anchored to list price of $575,000 and the property's 810 sqft, 2-bed/1-bath configuration plus lot size and observable condition. Comparable-sales approach and local market trend adjustments applied qualitatively. No live comps search performed.
As of 2026-03-14
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
South Los Angeles is a dense, established residential area with modest household incomes relative to county median. Gradual appreciation has occurred but at a slower rate than pricier LA submarkets.
Nearby Points of Interest
- Imperial/Wilmington commercial corridor (≈0.5–1.5 mi)
- I-110 and I-105 freeway access (≈2–4 mi)
Local shopping, neighborhood markets, small restaurants, LAUSD schools and several parks/recreation centers within a short drive.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
Sale History
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