2332 119th, Los Angeles CA, 90059
(Active)
$850,000
|
5 beds, 2 Full baths, 1,600 sqft
|
MLS# 24379045
Last Updated: 5/7/2024 2:14 AM
Description for
2332 119th
Los Angeles, CA 90059
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. ALL OFFERS DUE ON 5/6/24 AT 5 PM.
Price
$850,000
Los Angeles
5
2 Full
1,600 (approx)
24379045
Active
Description
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. ALL OFFERS DUE ON 5/6/24 AT 5 PM.
Listing Information
| Property Type: Single Family, 1 Story | ||
| 5 | 2 Full | |
| 0.12 Acres | Assessor | 1,600 (approx) |
| 1961 | Yes-2 spaces | 1 |
Neighborhood
Room Information
| Bathrooms | |||
| 2 | |||
Total: 5
Interior Features
Refrigerator
Vinyl
Gas Heat
No Common Walls
None
Exterior / Lot Features
2 Carport Spaces,
4 Parking Spaces,
0 Covered Parking Spaces,
Carport,Driveway
None
None
Driving Directions
Google Maps
Financial Considerations
| UNAVAILABLE |
Listing Price History
Los Angeles Real Estate
Los Angeles is located in California. Los Angeles, California 90059 has a population of 3,956,168.
The median household income in Los Angeles, California 90059 is $44,091. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90059 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/26/2024 | Active | $850,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $5,495 USD | 5.84% | $307,731 USD | 2.00% |
| 2022 | $5,192 USD | -1.05% | $301,698 USD | 2.00% |
| 2021 | $5,247 USD | 1.65% | $295,783 USD | - |
| 2020 | $5,162 USD | 0.78% | $295,783 USD | 1.04% |
| 2019 | $5,122 USD | 5.83% | $292,751 USD | 2.00% |