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$400,000   Price Analysis
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2340 E 119th St
Los Angeles, CA 90059
2 bed 1 bath 800 SqFt ($500/SqFt)
7,352SqFt 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, rec ently 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 potential for rental income or creating a family compound is truly captivating. The property at 2340 E 119th Street has the largest lot size and features a 2-bedroom, 1-bathroom house. Recent upgrades, including wood looking tile flooring, a new sewer, main water line and driveway, ensure peace of mind and enhance the value of the property. With current tenants already in place, generating an annual rent of $19, 200, ths property offers significant income-raising potential.

The rent can be increased now, since it was not increased in February when the Covid restrictions were lifted. 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 #24-379065 from TheMLSCLAW

Bedrooms: 2

Total Bathrooms: 1
Full Bathrooms: 1

Laundry Facilities: In Unit
Laundry Features: In Unit

Cooling Features: Wall/Window
Heating Features: Natural Gas

Furnished Description: Unfurnished
Flooring: Stone Tile

Carport Spaces: 2
Covered Spaces: 2
Garage Description: Carport, Driveway
Parking Total: 4

Lot Size Acres: 0.1687787
Lot Size Source: Assessor
Lot Size Square Feet: 7352

View: Any
Other Equipment: Refrigerator

Association: No
Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Los Angeles
Directions: Google Maps
Source Property Type: Residential
Area: Metropolitan South
Source Neighborhood: Metropolitan South
Parcel Number: UNAVAILABLE
Property Subtype: Single Family Residence
Source System Name: C2C

Price Changed 2024-05-17
$400,000
TheMLSCLAW
Price Changed 2024-05-10
$450,000
TheMLSCLAW
Listed 2024-04-26
$500,000
TheMLSCLAW

Total Square Feet Living: 800
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: Modern
Year Built Source: Assessor
Architectural Style: Modern

Martin Luther King Elementary School is a public elementary school located approximately 0.2 miles away.
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Bunche Middle School is a public middle school located approximately 0.3 miles away.
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Centennial High School is a public high school located approximately 1.5 miles away.
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Los Angeles Computer Science Academy is a private high school located approximately 0.2 miles away.
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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.