326 E 116th Street, Los Angeles, CA 90061
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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!
I would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.
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