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
MLS #:
24379045
Status:
Active
Beds:
5
Baths:
2
Address:
2332 E 119th
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c37metropolitansouth
City:
Los Angeles
Listed Date:
Apr 26, 2024
State:
CA
Finished Sq Ft:
1,600
ZIP:
90059
Lot Size:
5,031 sqft / 0.12 acres (approx)
Year Built:
1961
See this Listing
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Schools
Interior
Appliances
Refrigerator
Fireplace Features
None
Flooring
Vinyl
Heating
Natural Gas
Exterior
Parking Features
Carport, Driveway
Parking Spots
4.00
Pool Features
None
Spa Features
None
Stories Total
1
Financial
Map
Community
- Address2332 E 119th Los Angeles CA
- AreaC37 – Metropolitan South
- CityLos Angeles
- CountyLos Angeles
- Zip Code90059
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Courtesy of Christie’s International Real Estate SoCal. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
2332 E 119th
Los Angeles, CA
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