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$ 499,000
Est. payment /mo
Active
326 E 116th ST Los Angeles, CA 90061
6,289 Sqft Lot
UPDATED:
12/31/2024 11:03 PM
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC24198015
Style Traditional
Originating Board California Regional MLS
Year Built 1928
Lot Size 6,289 Sqft
Property Description
Charming single-family home is a fantastic investment opportunity with a generous lot size of 6,289 sq ft, providing ample outdoor space, with mature trees & plenty of shade! The home itself is a cozy 912 sq ft and features 2 bedrooms plus 1 bathroom. Tax records say 3 bds; there is a detached room with lots of deferred maintenance and potential in the back yard. With LAR2 "two family" zoning... you can think big & decide to build another unit &/or an ADU. Located in the heart of Los Angeles, this property is surrounded by a variety of local amenities, and is not RSO. It's conveniently close to the 105 & 110 freeways, making commuting a breeze. Restaurants, grocery, and home improvement stores all close at hand. Magic Johnson & multiple other parks nearby. Reasonable 20 min drive to LAX or Long Beach airports. Ready for your next investment or in a time crunch on your 1031 exchange? Don't miss out on this great opportunity to invest in a property in central Los Angeles with so much potential!
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Cooling None
Laundry Other
Exterior
Parking Features Carport , Other
Garage Spaces 1.0
Pool 31, None
View Local/Neighborhood
Roof Type Shingle,Composition
Building
Lot Description Grade - Level
Story One Story
Foundation Concrete Slab
Water District - Public
Architectural Style Traditional
Others
Tax ID 6083008015
Special Listing Condition Court Confirmation May Be Required
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Listed by Angie Weeks • First Team Real Estate