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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!

Overview

Property Status
Pending
Lot Size
6,289 Sq.Ft.
MLS ID
OC24198015
Property Type
Residential
Year Built
1928

Features & Amenities

Neighborhood
Los Angeles County
View Description
Probate Listing
Water Source
Public
Roof
Composition, Shingle
Lot Features
Rectangular Lot, Level, Yard
Sewer
Public Sewer
Security Features
Carbon Monoxide Detector(s)
Sales Price
$499,000
Zoning
LAR2

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326 E 116th Street

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326 E 116th Street

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