2340 119th Street
Los Angeles, CA, 90059 $ 500,000
Bedrooms2 Baths1.0 Sq 800 Monthly Estimate*
$ 3,493
for $500,000 with 2 bedrooms and 1 full bath. This 800 square foot home was built in 1961 on a lot size of 0.1688.
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 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, this property offers significant income-raising potential, as there are no rent increase restrictions in the unincorporated Los Angeles County Area. 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.
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FeaturesGeneralHeating NaturalGas
Cooling WallWindowUnits
Appliances Refrigerator
Architectural Style Modern
Pool Features None
Year Built 1961
Stories 1
Levels One
Property SubType SingleFamilyResidence
County Los Angeles
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Google Maps
City Los Angeles
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 2.0
MLS Area C37 - Metropolitan South
Lot Size Square Feet 7352.0
Private Pool N
Waterfront Y/N N
Carport Spaces 2.0
Carport Y/N Y
Street Name 119th
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 11
Standard Status Active
Year Built Source Assessor
Property Sub Type Additional SingleFamilyResidence
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InteriorFurnished Y/N Unfurnished
Fireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 1
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Street
Total Bedrooms 2
Electric On Property Y/N N
Total Baths 1
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ExteriorParking Features Carport Driveway
Total Parking 4.0
Lot Size Area 7352.0
Spa N
Building Area Total 800.0
Lot Size Acres 0.1688
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $3,493
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Los Angeles, CA
Average List Price $4,013,792
Percent of Sale Price 703%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/26/2024 | $500,000 | | Listed Price |