Amazing Owner-User or Investment Opportunity awaits at 2104 E 113th St, an income-producing 3-unit property situated on a massive 10,295 SF lot in a rapidly appreciating Los Angeles submarket. One of the 2-bedroom/1-bathroom units will be delivered entirely vacant! Live in One unit and cash-flow via the two rented units!
The true crown jewel of this offering, however, is the fully approved, Ready-To-Issue (RTI) plans (See Attached). The site is shovel-ready to construct a brand new 1,019 SF detached 3-bedroom/2-bathroom ADU, alongside a 538 SF expansion to an existing 2-bedroom unit to increase to 1,204sqft! This allows an investor to effortlessly transform the asset into a high-yielding, 4-unit compound without the typical delays of the city entitlement process.
Perfect owner-user or Investment Opportunity with immediate upside for market-rate leasing. Unmatched Value-Add Potential. This property offers the ultimate blank canvas for investors or owner-users to immediately drive cash flow and force appreciation.
Listed at just $411.60/SF, the subject property offers a significant discount against the market average of $475.62/SF. Strategically located It sits just minutes from the monumental developments transforming Inglewood and the South Bay, including the $5 billion SoFi Stadium, the cutting-edge $2 billion Intuit Dome, and the sprawling 300-acre Hollywood Park entertainment district. With the 2028 Summer Olympics on the horizon and billions flowing into LAX infrastructure, this centralized hub is a magnet for highly qualified tenants and explosive economic growth.
Listed by Michael Padilla
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License #01993341
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Lyon Stahl Investment Real Estate, Inc.
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310-420-2541
Listed by Cameron Samimi
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License #02035763
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Lyon Stahl Investment Real Estate, Inc.
Last updated March 13, 2026
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Source: CRMLS #SB26045450
Listing Facts
TypeMulti-family
NeighborhoodWatts
Days on Prevu11
Amenities
Parking
Location
Mortgage Calculator
Listing History
03/05/2026
Listed by Lyon Stahl Investment Real Estate, Inc.
$1,050,000
Property Details for 2104 E 113th
Association
Amenities
Community Features: Sidewalks
Exterior
Construction
Number Of Units Total: 3
Stories: 1
Stories Total: 1
Year Built: 1954
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Ground Level
Measurements
Building Area Total: 2,551
Building Area Units: Square Feet
Lot Features: 0-1 Unit/Acre
Lot Size Acres: 0.23
Lot Size Area: 10,295
Lot Size Source: Assessor
Lot Size Square Feet: 10,295
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.79
Gross Income: $92,192.00
Operating Expense: $20,889.00
Taxes
Parcel Number: 6067012025
Other
Location
Tax Lot: 181
Parking
Parking
Parking Features: Driveway, Paved, Unpaved
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Laundry Features: Inside
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 2104 E 113th.
How does 2104 E 113th compare to other multi-family homes in Watts?
This multi-family home is listed 6% above the average price for multi-family homes in Watts and has been on the market for 81 less days than the typical home in this area.
2104 E 113th is a -bedroom multi-family home for sale in Los Angeles CA 90059. On Prevu for 11 days at $1,050,000. This residence is located in Watts. The median listing price for multi-family homes in this area is $625,000. Property amenities include parking. Browse more multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.