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$400,000
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Property Description
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!
Full Property Details
Full Property Details for 321 W 118th
General
- Price: $400,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: SB26227172
- Updated: 10/21/2026
- Days on Market: 15 days
- Added to Site: 15 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Location
- County: Los Angeles
- Driving Directions: south on Broadway right on 118th St
School Information
- School District: Los Angeles Unified
Community
- Community Features: Street Lights, Urban
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,142
- Sq. Ft. Source: Assessor
- Year Built: 1922
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.1195
- Lot Size (Sq. Ft.): 5,205
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $350.26
Disclosures and Reports
- Special Conditions: Bankruptcy Property, Short Sale, Notice Of Default
Listed by Realty ONE Group United, Luis Amaya
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Schools
Schools serving 321 W 118th
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
One Hundred Eighteenth Street School 144 East 118th Street, Los Angeles, CA 90061 | K-5 | 0.4 mi |
Samuel Gompers Middle School 234 East 112th Street, Los Angeles, CA 90061 | 7-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 321 W 118th
Date
Details
Price
Change
Source
10/20/2026
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 321 W 118th
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,200
—
$620,989
170%
2025
$3,200
103%
$230,387
2%
2024
$1,578
-49%
$225,870
2%
2023
$3,100
5%
$221,442
2%
2022
$2,966
1%
$217,101
2%
2021
$2,925
-1%
$212,845
1%
2020
$2,949
4%
$210,663
2%
2019
$2,841
41%
$206,534
49%
2018
$2,020
2%
$138,152
2%
2017
$1,975
-2%
$135,444
2%
2016
$2,020
1%
$132,789
2%
2015
$1,991
264%
$130,795
442%
2014
$547
1%
$24,154
—
2013
$542
—
$24,046
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 321 W 118th
321 W 118th, Los Angeles, CA 90061 (MLS# SB26227172) is a Single Family property with 3 bedrooms and 1 full bathroom. 321 W 118th is currently listed for $400,000 and was received on October 20, 2026. Want to learn more about 321 W 118th? Do you have questions about finding other Single Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.
