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$400,000

Beds
2
Baths
1.0
sq ft
800

2340 E 119th St, Los Angeles, CA 90059

2340 E 119th St

Los Angeles, CA 90059

  • 67 days on market
    • Price drop $50,000↓
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. 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.

Details

Property type

Single Family Residence

Lot size

7,352 sq ft

Price per sq ft

$500

Year built

1961

HOA

No

Price History

05/17/2024
CLAW

CLAW #24379065

Price change
$400,000
-11.11%
05/10/2024
CLAW

CLAW #24379065

Price change
$450,000
-10%
04/26/2024
CLAW

CLAW #24379065

Listed
$500,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Similar Homes Nearby

Price drop
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$400,000
2 bd
|
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|
800 sq ft
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House

2336 E 119th St, Los Angeles, CA 90059

CRMLS
$399,999
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|
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House

925 E Stockton Ave, Compton, CA 90221

New
CRMLS
$437,950
2 bd
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Status: Active

Tomo last checked: 07/03/2024 at 10:10 AM

Listing updated: 06/02/2024 at 12:13 PM

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

MLS: CLAW #24379065

CLAW logo

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