2340 119th Street, Los Angeles CA, 90059
(Active)
$500,000
|
2 beds, 1 Full baths, 800 sqft
|
MLS# 24379065
Last Updated: 5/7/2024 2:10 PM
Description for
2340 119th Street
Los Angeles, CA 90059
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. ALL OFFERS DUE ON 5/6/24 AT 5 PM.
Price
$500,000
Los Angeles
2
1 Full
800 (approx)
24379065
Active
Description
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. ALL OFFERS DUE ON 5/6/24 AT 5 PM.
Listing Information
| Property Type: Single Family, 1 Story | ||
| 2 | 1 Full | |
| 0.17 Acres | Assessor | 800 (approx) |
| 1961 | Yes-2 spaces | 1 |
Neighborhood
Room Information
| Bathrooms | |||
| 1 | |||
Total: 2
Interior Features
Refrigerator
Window/Wall Unit
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)
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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 | $500,000 USD |
|