$700,000
For Sale
1600 sqft | 5 beds | 2 baths | 0.12 acres | #24379045
Listing OfficeChristie's International Real Estate SoCal
Browse 30 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Interior Details
      • Bedrooms5
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Stories1
    • Measurements
      • Acres0.1155
      • Square Feet1600
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1961
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$850,000
  • Other
      • MLS #24379045

Location

Paul FisherReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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