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Listing Details

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On Market
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MLS #
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Type
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School Ratings & Info

Description

Two units in South LA, producing incredible rents. Built in 1927, this duplex contains 1,338 square feet and sits on a large 6,398 square foot lot. The front house is a three bedroom unit and the rear unit has 1 bedroom. The zoning for this property is LAR2, which means it may be possible to build three units. Please check with the City of LA to verify. There is a garage and small rear yard which may be suitable for an ADU. The current monthly income is $4,120 and both tenants are Section 8 tenants. The property is being sold "as is" with tenants in place. Neither unit will be delivered vacant at the close of escrow. Please make all offers subject to inspection. Please do not walk on property or disturb tenants.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-20T23:42:31.727. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.jelmbergteam.com/homes/117788254
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114 W 117Th St Los Angeles, CA 90061

  • Price: $650,000
  • Status: Active
  • Updated: 6 min ago
  • MLS #: 21-742112
3
Beds
0
Baths
0
½ Baths
0.15
Acres
1,338
SQFT
$486
$/SQFT
1927
Built
Neighborhood:
Metropolitan South
County:
Los Angeles
Area:
Metropolitan South
Property Description
Two units in South LA, producing incredible rents. Built in 1927, this duplex contains 1,338 square feet and sits on a large 6,398 square foot lot. The front house is a three bedroom unit and the rear unit has 1 bedroom. The zoning for this property is LAR2, which means it may be possible to build three units. Please check with the City of LA to verify. There is a garage and small rear yard which may be suitable for an ADU. The current monthly income is $4,120 and both tenants are Section 8 tenants. The property is being sold "as is" with tenants in place. Neither unit will be delivered vacant at the close of escrow. Please make all offers subject to inspection. Please do not walk on property or disturb tenants.
Exterior Features

Covered Parking 1 Garage Structures Total 1 Lot Size Area 6398 Other Structures Other Parking Garage Garage Style Spanish Total Parking 3 View Description None View YN No

Interior Features

Baths Total 2.00 Cooling None Equipment None Heating Wall

Property Features

Assessed Total Value 121553 Gross Income 49440 Gross Operating Income 49440 Like Units1 1 Like Units2 1 Net Operating Income 35597.00 Number Of Buildings 2 Number Of Units 2 Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 13843 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Lar2

Listing provided courtesy of Jerome McAlpin DRE#00939725 of Mcalpin & Company.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-20T23:42:31.727. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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