Los Angeles, CA 90061,326 E 116th Street
Los Angeles, CA 90061,326 E 116th Street
Los Angeles, CA 90061,326 E 116th Street
Los Angeles, CA 90061,326 E 116th Street
See all 4 photos

$425,000

$499,000

14.8%
Est.Price: ?

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Est. payment /mo

3 Beds

1 Bath

6,289 Sqft Lot


SOLD DATE : 05/05/2025

Key Details

Sold Price $425,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC24198015

Sold Date 05/05/25

Bedrooms 3

HOA Y/N No

Lot Size 6,289 Sqft

Property Sub-Type Res Income 2-4 Units

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. Its 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? Dont miss out on this great opportunity to invest in a property in central Los Angeles with so much potential!
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. Its 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? Dont 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 Los Angeles (90061)

Zoning Assessor

Exterior

Exterior Feature Stucco

Roof Type Composition

Building

Lot Description Curbs, Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $39

Acceptable Financing Cash, Conventional, FHA, VA

Space Rent $1,500

Listing Terms Cash, Conventional, FHA, VA

Financing Conventional

Special Listing Condition Probate Sbjct to Overbid

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San Diego Regional MLS (SDMLS)
Listed by Angie Weeks • First Team Real Estate
Bought with Alberto A Romero Meza • Good Opportunity Company Inc.
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