Sold for $425,000 on 05/05/25
Listing Provided by:
Angie Weeks DRE #01398537 949-338-7408,
First Team Real Estate,
Jay Dharmasuriya DRE #00815366,
Realty Brokerage Group Inc
$425,000
326 E 116th St, Los Angeles, CA 90061
--beds
--baths
912sqft
Multi Family
Built in 1928
-- sqft lot
$416,300 Zestimate®
$466/sqft
$2,921 Estimated rent
Owner options
What's special
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!
Zillow last checked: 7 hours ago
Listing updated: May 05, 2025 at 12:24pm
Listing Provided by:
Angie Weeks DRE #01398537 949-338-7408,
First Team Real Estate,
Jay Dharmasuriya DRE #00815366,
Realty Brokerage Group Inc
Bought with:
Alberto A Romero Meza, DRE #01705343
Good Opportunity Company Inc.
Source: CRMLS,MLS#: OC24198015
Originating MLS: California Regional MLS
Facts & features
Interior
Cooling
- None
Appliances
- Laundry: Inside
Features
- All Bedrooms Down, Bedroom on Main Level
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 912
- Total interior livable area: 912 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached Carport, Driveway
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: front door
- Pool features: None
- Spa features: None
- Fencing: Average Condition
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,289 sqft
- Features: Level, Rectangular Lot, Yard
Details
- Additional structures: Shed(s)
- Parcel number: 6083008015
- Zoning: LAR2
- Special conditions: Probate Listing
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Concrete, Stucco
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Community
- Community features: Curbs, Gutter(s), Park, Storm Drain(s), Street Lights, Sidewalks
Location
- Region: Los Angeles
HOA & financial
Other financial information
- Total actual rent: 1500
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,FHA 203(k),FHA,Submit,VA Loan
- Road surface type: Paved
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Estimated market value
$416,300