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242 E 116th Street

Los Angeles, CA 90061
  • $799,000
  • STATUS: CONTINGENT
  • ON SITE: 32 Days
  • ID#: RS25075322
Under Contract
UPDATED: 34 min ago
$799,000
  • 4
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Perfect for Entertaining and Investment! Discover the charm of this well-maintained duplex, ideally situated in a sought-after rental area. The front unit welcomes you with a cozy living roomperfect for relaxing after a long day. Need a dedicated workspace? The bonus room can easily serve as your home office or creative studio. Head to the kitchen for a quick bite, then step outside to your spacious backyard oasis. With a covered patio and ample room for guests, its the ultimate space for outdoor gatherings and weekend BBQs. The kitchen features a convenient layout and is connected to an in-home laundry areano more trips to the laundromat! Live comfortably in the front unit while generating income from the back. The rear unit is a 2-bedroom, 1-bath and currently tenant-occupied. The property sits on a generous lot with plenty of parking and includes thoughtful upgrades such as newer paint, copper plumbing, a west-facing block wall, and brand-new carpeting throughout. Property comes with SimpliSafe Monitoring cameras and can be viewed 24/7 from your iPhone. This is a smart investment with style, comfort, and flexibility built right in! Perfect for Entertaining and Investment! Discover the charm of this well-maintained duplex, ideally situated in a sought-after rental area. The front unit welcomes you with a cozy living roomperfect for relaxing after a long day. Need a dedicated workspace? The bonus room can easily serve as your home office or creative studio. Head to the kitchen for a quick bite, then step outside to your spacious backyard oasis. With a covered patio and ample room for guests, its the ultimate space for outdoor gatherings and weekend BBQs. The kitchen features a convenient layout and is connected to an in-home laundry areano more trips to the laundromat! Live comfortably in the front unit while generating income from the back. The rear unit is a 2-bedroom, 1-bath and currently tenant-occupied. The property sits on a generous lot with plenty of parking and includes thoughtful upgrades such as newer paint, copper plumbing, a west-facing block wall, and brand-new carpeting throughout. Property comes with SimpliSafe Monitoring cameras and can be viewed 24/7 from your iPhone. This is a smart investment with style, comfort, and flexibility built right in!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/162482190
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242 E 116th Street Los Angeles, CA 90061

  • Price: $799,000
  • Status: CONTINGENT
  • On Site: 32 Days
  • Updated: 34 min ago
  • ID#: RS25075322
4
Beds
0
Baths
0
½ Baths
0.14
Acres
Neighborhood:
Los Angeles (90061)
County:
Los Angeles
Area:
Los Angeles (90061)
Property Description
Perfect for Entertaining and Investment! Discover the charm of this well-maintained duplex, ideally situated in a sought-after rental area. The front unit welcomes you with a cozy living roomperfect for relaxing after a long day. Need a dedicated workspace? The bonus room can easily serve as your home office or creative studio. Head to the kitchen for a quick bite, then step outside to your spacious backyard oasis. With a covered patio and ample room for guests, its the ultimate space for outdoor gatherings and weekend BBQs. The kitchen features a convenient layout and is connected to an in-home laundry areano more trips to the laundromat! Live comfortably in the front unit while generating income from the back. The rear unit is a 2-bedroom, 1-bath and currently tenant-occupied. The property sits on a generous lot with plenty of parking and includes thoughtful upgrades such as newer paint, copper plumbing, a west-facing block wall, and brand-new carpeting throughout. Property comes with SimpliSafe Monitoring cameras and can be viewed 24/7 from your iPhone. This is a smart investment with style, comfort, and flexibility built right in! Perfect for Entertaining and Investment! Discover the charm of this well-maintained duplex, ideally situated in a sought-after rental area. The front unit welcomes you with a cozy living roomperfect for relaxing after a long day. Need a dedicated workspace? The bonus room can easily serve as your home office or creative studio. Head to the kitchen for a quick bite, then step outside to your spacious backyard oasis. With a covered patio and ample room for guests, its the ultimate space for outdoor gatherings and weekend BBQs. The kitchen features a convenient layout and is connected to an in-home laundry areano more trips to the laundromat! Live comfortably in the front unit while generating income from the back. The rear unit is a 2-bedroom, 1-bath and currently tenant-occupied. The property sits on a generous lot with plenty of parking and includes thoughtful upgrades such as newer paint, copper plumbing, a west-facing block wall, and brand-new carpeting throughout. Property comes with SimpliSafe Monitoring cameras and can be viewed 24/7 from your iPhone. This is a smart investment with style, comfort, and flexibility built right in!
Exterior Features

Exterior Stucco Lot Dimensions Approx 41x140 Pool N/K Spa N/K

Interior Features

Cooling N/K Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Units With Range Oven 1 Units With Refrigerators 1 Water Heater Type Gas

Property Features

Annual Expense Actual 3800 Buildings 1 Cfd Mello Roos Fee 601.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 66000 Home Owners Fees 0.0 Monthly Total Fees 50 Security Security Bars Tenant Pays ElectricityGas/Propane Terms ConventionalFHAVA Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 0.0 Unit2 Rent Actual 1800.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Denise Waters of Realty Executives All Cities: 310-614-7669. Listing information © 2025 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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