$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 #24379065
Price change
$400,000
-11.11%
05/10/2024
CLAW #24379065
Price change
$450,000
-10%
04/26/2024
CLAW #24379065
Listed
$500,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
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Status: Active
Tomo last checked: 07/03/2024 at 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
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