321 W 118th Los Angeles CA 90061 | MLS #SB26227172
SHORT SALE OPPORTUNITY | Major Fixer with Substantial Upside & Development Potential. Attention investors, builders, and visionaries! Exceptional add-value opportunity featuring a 3-bedroom, 1-bath home in a central location. Perfect candidates for a long-term hold, full renovation, or multi-family redevelopment with ample space to add a sizeable ADU or convert into a multi-unit property down the road. Conveniently situated with seamless access to both the 110 and 105 freeways, making commutes and access throughout Greater Los Angeles a breeze. Bring your contractor and capture the maximum potential this property has to offer!
Property Details
Price:
$400,000
MLS #:
SB26227172
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
Listed Date:
Oct 20, 2026
Finished Sq Ft:
1,142
Lot Size:
5,205 sqft / 0.12 acres (approx)
Year Built:
1922
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Bathrooms
1 Full Bathroom
Cooling
None
Laundry Features
None
Levels
One
Main Level Bathrooms
1
Main Level Bedrooms
3
Exterior
Common Walls
No Common Walls
Community Features
Street Lights, Urban
Lot Features
0-1 Unit/Acre
Stories
1
View
None
Financial
Map
Community
- Address321 W 118th Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90061
Subdivisions in Los Angeles
- #5666 lot 114
- 12471
- 27003
- Beachwood Canyon
- Bel Air
- BEL AIR CREST
- Biscuit Company Lofts
- Brentwood Country Estates
- Canyon Shores
- Castle Heights
- Cedar Lodge
- Culver District 16
- Doheny Estates
- Downtown
- Edgewater Towers
- Evo
- Hacienda Tularosa
- Hollywood Dell
- Jefferson Park
- Koreatown, Los Angeles
- Lago Vista
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Metropolis
- Metropolis Residences
- Nelavida
- North Burbank Blvd./ South Oxnard St./ West Vinela
- Not Applicable-105
- Not in Development
- Ocean Park Villa
- OTHR
- Outpost Estates
- Palisades Country Estates
- Park Place
- Park Plaza 57
- Picfair Village
- Pickford Court
- Savoy
- SB Grand
- Silver Strand
- Subdivision Name / Tract: 5609
- The ERB
- The Hollywood Residences
- THE LONGFORD
- The Los Feliz Oaks
- The Oaks
- The Ritz Carlton Residences
- The Sanborn Collection
- TR 337
- TRACT # 8560 LOT 16 BLK 11
- TRACT NO 28826 CONDOMINIUM UNIT 6
- Tract No. 10636
- Tract No. 8131
- Tract. No. 1033
- Upper Riviera
- Westmont WMON
- Winton & McLeod Figueroa St. Tract
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Single Family in Los Angeles as of Oct 24, 2026
6,214
Single Family Listed
89
Avg DOM
507
Avg $ / SqFt
$1,881,745
Avg List Price
Property Summary
- 321 W 118th Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90061. It is listed for $400,000 and features 3 beds, 1 baths, and has approximately 1,142 square feet of living space, and was originally constructed in 1922. The current price per square foot is $350. The average price per square foot for Single Family listings in Los Angeles is $507. The average listing price for Single Family in Los Angeles is $1,881,745. To schedule a showing of MLS#sb26227172 at 321 W 118th in Los Angeles, CA, contact your Compass agent at 310.409.7242.
Similar Listings Nearby
Courtesy of Realty ONE Group United. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.321 W 118th
Los Angeles, CA