2332 119th Los Angeles CA MLS #24-379045

2332 119th
Los Angeles, CA,
$850,000
5 Beds
2 Baths
1,600 SqFt
0.12 Acres
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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. ALL OFFERS DUE ON 5/6/24 AT 5 PM.

Property Details

Price:
$850,000
MLS #:
24-379045
Status:
Active
Beds:
5
Baths:
2
Address:
2332 119th
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
metropolitansouth
City:
Los Angeles
Listed Date:
Apr 26, 2024
State:
CA
Finished Sq Ft:
1,600
Lot Size:
5,031 sqft / 0.12 acres (approx)
Year Built:
1961
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Schools

Interior

Cooling
Air Conditioning
Flooring
Stone Tile, Vinyl
Heating
Natural Gas
Laundry
In Unit

Exterior

Building Type
Detached
Common Walls
Detached/ No Common Walls
Covered Parking
2
Other Structures
None
Parking Garage
Carport, Driveway
Pool Description
None
Spa
None
Style
Modern

Financial

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2332 119th
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