2336 119th Street, Los Angeles, CA 90059

$400,000 Asking Price

2 beds
1 bath
800  sqft
Built in 1961

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 2336 E 119th Street features a 2-bedroom, 1-bathroom house. It's gated front yard, adorned with lush trees, adds charm and privacy, creating a tranquil oasis for residents to enjoy. Recent upgrades, including a new sewer, main water line, roof, and driveway, ensure peace of mind and enhance the value of the property. With current tenants already in place, generating a 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. 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.


Features & Amenities

Interior

Appliances:
Refrigerator
Laundry:
Inside
A/C:
true, Electric,Wall/Window Unit(s)
Heating:
true, Natural Gas
Fireplace:
None

Exterior

General:
None
Style:
Contemporary
Pool:
None
Parking:
Carport,Driveway, Parking spaces: 4

Construction

General:
1

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
UNAVAILABLE
View:
View

Financial

Source:
CRMLS

This listing courtesy of:
Christie's AKG, Anna Kadinowa

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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