$700000 Price Analysis   ♡   Los Angeles, CA 90059 5 bed 2 bath 1600 SqFt ($437/SqFt) 5031SqFt lot. Built 1961 Listed 2024-04-26, Taxes $5191 | Ⓧ USDA Ineligible due to location near Los Angeles |
This is an exceptional opportunity not to be missed!
Three single houses, recently subdivided onto individual lots, are now available for purchase, offering investors and homeowners alike a myriad of possibilities. Whether you're interested in acquiring one house or all three, the potential for rental income or creating a family compound is truly enticing. The largest house, located at 2332 E 119th Street, features 5 bedrooms, 2 bathrooms, a gated front yard, a new two-car carport and a new shared driveway. With high ceilings, a separate kitchen, laundry room, vast covered front porch, back porch and patio area, this house offers a unique layout, including two separate entries to two out of the five bedrooms.
Currently occupied by tenants generating an annual rent of $25, 920, this property presents 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 provides the ideal canvas for realizing your vision. Located 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 essental amenities and services. Furthermore, its strategic position in the thriving LA real estate market promises ample opportunities for growth and appreciation. Offer su bject to inspection, drive-by only. PLEASE DO NOT APPROACH THE TENANTS.
Presented by Anna Kadinowa at
Christie's AKG.
Property MLS #24-379045 from TheMLSCLAW
Full Bathrooms: 2
Laundry Features: In Unit
Heating Features: Natural Gas
Flooring: Stone Tile, Vinyl
Covered Spaces: 2
Garage Description: Carport, Driveway
Parking Total: 4
Lot Size Source: Assessor
Lot Size Square Feet: 5031
Other Equipment: Refrigerator
Calculated Total Monthly Association Fees: 0
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
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $116037 + $185661 $301698 | $5191 |
| 2021 | $113762 + $182021 $295783 | $5247 |
| 2020 | $112596 + $180155 $292751 | $5162 |
| 2019 | $110389 + $176623 $287012 | $5122 |
| 2018 | $108225 + $173160 $281385 | $4840 |
| 2017 | $106103 + $169765 $275868 | $4709 |
| 2016 | $104023 + $166437 $270460 | $4592 |
| 2015 | $102461 + $163937 $266398 | $4393 |
| 2014 | $100454 + $160726 $261180 | $4346 |
| 2013 | $100000 + $160000 $260000 | $4332 |
| 2012 | $150000 + $300000 $450000 | $6426 |
| 2010 | $150000 + $300000 $450000 | $9488 |
| 2009 | $114444 + $624240 $738684 | $9357 |
| 2009 | $114172 + $622760 $736932 | $9357 |
| 2008 | $112200 + $612000 $724200 | $9249 |
| 2007 | $210118 + $166608 $376726 | $5292 |
$700000
TheMLSCLAW
Listed 2024-04-26
$850000
TheMLSCLAW
Sold 2012-12-17
$260000
ITECH
Listing removed 2012-08-30
$269900
TheMLSCLAW
Listed 2012-08-16
$269900
ITECH
Listed 2012-08-16
$269900
TheMLSCLAW
Sold 2007-05-29
$710000
Public Record
Sold 2004-02-20
$355000
Public Record
Sold 2003-03-26
$260000
ITECH
Listed 2003-01-27
$267900
ITECH
Listing removed 2002-12-11
$269000
ITECH
Listing removed 2002-11-01
$269000
ITECH
Listed 2002-06-18
$269000
ITECH
Listed 2002-06-18
$269000
ITECH
Sold 1991-05-13
$136000
Public Record
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
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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.