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$700,000

Beds
5
Baths
2.0
sq ft
1,600

2332 E 119th St, Los Angeles, CA 90059

2332 E 119th St

Los Angeles, CA 90059

  • 67 days on market
    • Price drop $150,000↓
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.

Details

Property type

Single Family Residence

Lot size

5,031 sq ft

Price per sq ft

$438

Year built

1961

HOA

No

Price History

05/17/2024
CLAW

CLAW #24379045

Price change
$700,000
-17.65%
04/26/2024
CLAW

CLAW #24379045

Listed
$850,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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Status: Active

Tomo last checked: 07/03/2024 at 11:15 AM

Listing updated: 05/17/2024 at 10:28 AM

Listed by: Anna Kadinowa, Christie's AKG Phone #: (424) 249-7162

MLS: CLAW #24379045

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