2332 119th, Los Angeles, CA 90059

Property Description

This is an exceptional opportunity not to be missed! Three single houses, recently subdivided onto individual lots, are now available for purchase, offering investors and homeowners alike a myriad of possibilities. Whether you're interested in acquiring one house or all three, the potential for rental income or creating a family compound is truly enticing. The largest house, located at 2332 E 119th Street, features 5 bedrooms, 2 bathrooms, a gated front yard, a new two-car carport, and a new shared driveway. With high ceilings, a separate kitchen, laundry room, spacious covered front porch, back porch, and patio area, this house offers a unique layout, including two separate entries to two out of the five bedrooms. Currently occupied by tenants generating an annual rent of $25,920, this property presents significant income-raising potential, as there are no rent increase restrictions in the unincorporated Los Angeles County Area. Whether you're considering renovation, expansion, adding an ADU, or exploring different usage options, this property provides the ideal canvas for realizing your vision. Located in close proximity to MLK Hospital, the 105 and 110 freeways, King/Drew Magnet High School of Medicine and Science, Charles R. Drew University, and Mona Park, this property boasts a prime location with easy access to essential amenities and services. Furthermore, its strategic position in the thriving LA real estate market promises ample opportunities for growth and appreciation. Offer subject to inspection, drive-by only. PLEASE DO NOT APPROACH THE TENANTS. ALL OFFERS DUE ON 5/6/24 AT 5 PM.