Listing by: Anna Kadinowa, Christie's International Real Estate SoCal
5 Beds
2 Baths
1,600 SqFt
Active
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, spacious 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 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.
Property Details | ||
---|---|---|
Price | $700,000 | |
Bedrooms | 5 | |
Full Baths | 2 | |
Half Baths | 0 | |
Total Baths | 2 | |
Property Style | Modern | |
Lot Size Area | 5031 | |
Lot Size Area Units | Square Feet | |
Acres | 0.1155 | |
Property Type | Residential | |
Sub type | SingleFamilyResidence | |
MLS Sub type | Single Family Residence | |
Stories | 1 | |
Year Built | 1961 | |
Heating | Natural Gas | |
Pool features | None | |
Parking Description | Carport,Driveway | |
Parking Spaces | 4 | |
Geographic Data | ||
Directions | Google Maps | |
County | Los Angeles | |
Latitude | 33.924351 | |
Longitude | -118.230507 | |
Market Area | C37 - Metropolitan South | |
Address Information | ||
Address | 2332 E 119th, Los Angeles, CA 90059 | |
Postal Code | 90059 | |
City | Los Angeles | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Christie's International Real Estate SoCal | |
Listing Agent | Anna Kadinowa | |
Special listing conditions | Standard | |
MLS Information | ||
Days on market | 136 | |
MLS Status | Active | |
Listing Date | Apr 26, 2024 | |
Listing Last Modified | Sep 9, 2024 | |
Tax ID | UNAVAILABLE | |
MLS Area | C37 - Metropolitan South | |
MLS # | 24379045 |
This information is believed to be accurate, but without any warranty.