$400,000
For Sale

2340 119th Street

Los Angeles, CA 90059
800 sqft | 2 beds | 1 bath | 0.17 acres | #24379065
Listing OfficeChristie's AKG
Browse 10 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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.

  • Interior Details
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Stories1
    • Measurements
      • Acres0.1688
      • Square Feet800
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1961
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$500,000
  • Other
      • MLS #24379065

Location

EPIC Realty GroupEPIC Realty Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
1.4%
$
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annually
$
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.

Estimated Monthly Payment
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Loan Amount
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