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142 E 118th Place

Los Angeles (City), CA 90061
  • $599,000
  • STATUS: Active Under Contract
  • ON SITE: 46 Days
  • ID#: PW21192352
Under Contract
UPDATED: 73 min ago
$599,000
  • 4
    BEDS
  • 0.13
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,508
    SQFT
  • $397
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1927
County:

School Information

Elementary School:
School District:

Description

A fantastic opportunity knocks with this lovely 2 unit income property. Each unit has 3 bedrooms and 1 bathroom and an inside laundry area. The rear unit was built in 2006 and the front unit was totally remodeled at the same time. Property has a long driveway and a carport in the backyard which can easily accommodate 4-6 cars. Perfect investment opportunity for first-time homebuyers or as an investment, with potential to rent at the current market value of up to $2500 per unit. BOTH UNITS WILL BE DELIVERED VACANT AT THE CLOSE OF ESCROW!!! This is an R2 lot with 5564 sq ft. lot size. Elementary school located directly across the street.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-20T18:30:39.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.kevinhillre.com/homes/121118803
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142 E 118th Place Los Angeles (City), CA 90061

  • Price: $599,000
  • Status: Active Under Contract
  • Updated: 73 min ago
  • ID#: PW21192352
4
Beds
2
Baths
0
½ Baths
0.13
Acres
1,508
SQFT
$397
$/SQFT
1927
Built
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
Elementary School:
Los Angeles Unified
School District:
Los Angeles Unified
Property Description
A fantastic opportunity knocks with this lovely 2 unit income property. Each unit has 3 bedrooms and 1 bathroom and an inside laundry area. The rear unit was built in 2006 and the front unit was totally remodeled at the same time. Property has a long driveway and a carport in the backyard which can easily accommodate 4-6 cars. Perfect investment opportunity for first-time homebuyers or as an investment, with potential to rent at the current market value of up to $2500 per unit. BOTH UNITS WILL BE DELIVERED VACANT AT THE CLOSE OF ESCROW!!! This is an R2 lot with 5564 sq ft. lot size. Elementary school located directly across the street.
Exterior Features

Attached Garage YN 0 Lot Features 0-1 Unit/AcreBack YardFront YardYard Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes Sign On Property YN No View None View YN No

Interior Features

Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Interior Features All Bedrooms Down Main Level Bathrooms 1 Main Level Bedrooms 3

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Contingency Contingent On Seller Finding A Replacement Home And Both Escrows To Close Concurrently. Must Send Pre-Qual Letter And Pof When Requesting An Apt. Garage YN Yes Laundry Features Inside Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 ExchangeFhaVa Loan New Construction YN No Number Of Units In Community 2 Property Sub Type Duplex Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Structure Type Duplex Water Source Public Zoning Lar2

Listing provided courtesy of Maria Olmos of Beach Cities Properties, Inc.


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-20T18:30:39.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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