326 E 116th Street
Los Angeles, CA 90061
- 3 beds
- 1 bath
- 912 sqft
- 6,289 sqft lot
- $603 per sqft
- 1928 build
- – on site
Charming single-family home is a fantastic investment opportunity with performing renters already in place. The property boasts 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 3 bedrooms plus 1 bathroom. It’s a perfect blend of vintage charm and contemporary comfort; or LAR2 zoning if you're thinking bigger & love to build. Located in the heart of Los Angeles, this property is surrounded by a variety of local amenities. 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 the heart of Los Angeles with a performing renter in place. Contact us today for more information or to schedule a tour.
Listed By CRMLS_CA / Angie Weeks / Berkshire Hathaway HomeService / 949-338-7408
Last checked:
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Last updated May 27, 2024
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MLS# OC24090911 —
This home is listed in more than one place. See it here.
Monthly cost estimate
Asking price
$550,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,945
|
Taxes | N/A |
Insurance | $151 |
Utilities | $124 See report |
Total | $3,220/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/18/24
May 18, 2024
|
Listed / Active | CRMLS_CA | $550,000 |
53% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $20k above asking price on average, but some went as high as $80k over asking price.