$400,000 Price Analysis   ♡   Los Angeles, CA 90059 2 bed 1 bath 800 SqFt ($500/SqFt) 5,026SqFt lot. Built 1961 Listed 2024-04-26 | Ⓧ USDA Ineligible due to location near Los Angeles |
Don't miss out on this remarkable opportunity!
Three single houses on individual lots, recently subdivided, are now available for sale, offering a multitude of possibilities for both investors and homeowners. Whether you're interested in acquiring one house or all three, the ptential for rental income or cre ating a family compound is truly captivating. The property at 2336 E 119th Street features a 2-bedroom, 1-bathroom house. It's gated front yard, adorned with lush trees, adds charm and privacy, creating a tranquil oasis for residents to enjoy. Recent upgrades, including a new sewer, main water line, roof and driveway, ensure peace of mind and enhance the value of the property.
With current tenants already in place, generating a annual rent of $19, 200, this property offers significant income-raising potential, as there are no rent increase restrictions in the unincorporated Los Angeles County Area. Whether you're considering renovation, expansion, adding an ADU or exploring different usage options, this property serves as the perfect canvas for realizing your vision. Strategically situated in close proximity to MLK Hospital, the 105 and 110 freeways, King/Drew Magnet High School of Medicine and Science, Charles R. Drew University and Mona Park, this property boasts a prime location with easy access to essential amenities and services. Furthermore, its strategic position in the thriving LA real estate market promises ample opportunities for growth and appreciation. Offer subject to inspection, drive-by only. PLEASE DO NOT APPROACH THE TENANTS.
Presented by Anna Kadinowa at
Christie's AKG.
Property MLS #24-377747 from TheMLSCLAW
Full Bathrooms: 1
Laundry Features: Inside
Heating Features: Natural Gas
Flooring: Stone Tile
Covered Spaces: 2
Garage Description: Carport, Driveway
Parking Total: 4
Lot Size Source: Plans
Lot Size Square Feet: 5026
Other Equipment: Refrigerator
Calculated Total Monthly Association Fees: 0
County: Los Angeles
Directions: Google Map
Source Property Type: Residential
Area: Metropolitan South
Source Neighborhood: Metropolitan South
Parcel Number: UNAVAILABLE
Property Subtype: Single Family Residence
Source System Name: C2C
$400,000
TheMLSCLAW
Listed 2024-04-26
$500,000
TheMLSCLAW
Year Built: 1961
Common Walls: Detached/No Common Walls
Levels: One Level
Living Area Source: Assessor
Property Age: 63
Levels or Stories: 1
Building Total Stories: 1
Structure Type: Detached
House Style: Contemporary
Year Built Source: Assessor
Architectural Style: Contemporary
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.