2340 119th Street Los Angeles CA 90059 MLS #24379065

2340 119th Street
Los Angeles, CA, 90059
$400,000
2 Beds
1 Baths
800 SqFt
0.17 Acres
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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.

Property Details

Price:
$400,000
MLS #:
24379065
Status:
Active
Beds:
2
Baths:
1
Address:
2340 119th Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c37metropolitansouth
City:
Los Angeles
Listed Date:
Apr 26, 2024
State:
CA
Finished Sq Ft:
800
ZIP:
90059
Lot Size:
7,352 sqft / 0.17 acres (approx)
Year Built:
1961
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Interior

Appliances
Refrigerator
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Heating
Natural Gas

Exterior

Parking Features
Carport, Driveway
Parking Spots
4.00
Pool Features
None
Spa Features
None
Stories Total
1

Financial

Map

Community

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