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$550000   Price Analysis
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326 E 116th St
Los Angeles, CA 90061
3 bed 1 bath 912 SqFt ($603/SqFt)
6289SqFt lot. Built 1928
Listed 2024-05-18, Taxes $1680
Ⓧ USDA Ineligible
due to location

near Los Angeles

Charming single-family home is a fantastic investment opportunity with performing renters already in place.

The property boasts a generous lot size of 6, 289 sq ft, providing ample outdoor space, with mature trees and plenty of shade! The home itself is a cozy 912 sq ft and features 3 bedrooms plus 1 bathroom. Its a perfect blend of vintage charm and contemporary comfort; or LAR2 zoning if you're thinking bigger and love to build. Located in the heart of Los Angeles, this prperty is surrounded by a variety of local amenities.

Its conveniently close to the 105 and 110 freeways, making commuting a breeze. Restaurants, grocery and home improvement stores all close at hand. Magic Johnson & multiple other parks nearby. Reasonable 20 min drive to LAX or Long Beach airports. Ready for your next investment or in a time crunch on your 1031 exchange? Dont miss out on this fantastic opportunity to invest in a property in the heart of Los Angeles with a performing renter in place. Contact us today for more information or to schedule a tour.


Presented by Angie Weeks, Agent at
Berkshire Hathaway HomeServices.
Listing Agent Photo

Property MLS #OC24090911 from CRMLS

Bedrooms: 3
Bedrooms On Main Level: 3

Total Bathrooms: 1
Full Bathrooms: 1
Bathrooms On Main Level: 1

All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom

Laundry Features: Inside

Fencing: Fence YN: Yes, Fencing: Average Condition
Other Structures: Shed(s)
Patio And Porch Features: Patio YN: Yes, Patio And Porch Features: Front Porch
Road Frontage Type: City Street

Lot Description: Rectangular Lot, Level, Yard
Lot Size Acres: 0.1443756
Lot Size Source: Assessor
Lot Size Square Feet: 6289

Parking Features: Parking YN: Yes, Parking Features: Driveway

View: Neighborhood

School District: Los Angeles Unified

One Hundred Eighteenth Street School is a public elementary school located approximately 0.3 miles away.
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Samuel Gompers Middle School is a public middle school located approximately 0.3 miles away.
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University Pathways Medical Magnet Academy is a public high school located approximately 0.3 miles away.
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Ascension Elementary Catholic is a private elementary and middle school located approximately 0.9 miles away.
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Calculated Total Monthly Association Fees: 0

Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights

Source Listing Status: Active
County: Los Angeles
Directions: San Pedro St to 116th go E
Source Property Type: Residential
Area: C36 - Metropolitan Southwest
Source Neighborhood: C36 - Metropolitan Southwest
Parcel Number: 6083008015
Postal Code Plus 4: 2914
Zoning: LAR2
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$47254 + $57402
$104656
$1680
2021$46328 + $56277
$102605
$1656
2020$45853 + $55700
$101553
$1666
2019$44954 + $54608
$99562
$1611
2018$44073 + $53538
$97611
$1537
2017$43209 + $52489
$95698
$1502
2016$42362 + $51460
$93822
$1460
2015$41726 + $50688
$92414
$1438
2014$40909 + $49696
$90605
$1447
2013$40725 + $49472
$90197
$1442
2012$39927 + $48502
$88429
$1456
2010$39145 + $47551
$86696
$1431
2009$38946 + $47309
$86255
$1375
2009$38853 + $47196
$86049
$1375
2008$38183 + $46382
$84565
$1316
2007$37435 + $45473
$82908
$1266

Listed 2024-05-18
$550000
CRMLS
Sold 1979-11-14
$31000
Public Record

Total Square Feet Living: 912
Year Built: 1928
Common Walls: No Common Walls
Entry Level: 1
Entry Location: front door
Foundation Details: Slab
Living Area Source: Assessor
Property Age: 96
Roof: Composition, Shingle
Levels or Stories: One
Building Total Stories: 1
Structure Type: House
Year Built Source: Assessor

Sewer: Public Sewer
Water Source: Public
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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.