242 E 116th ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90061
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,858 sqft
Price per Sqft $430
MLS Listing ID RS25086730
Bedrooms 4
Full Baths 2
Three Quarter Bath 1
Year Built 1949
Lot Size 5,880 Sqft
Property Sub-Type Duplex
Property Description
Perfect for Entertaining and Investment! Live in the front house and rent out the back unit. Or, two families can buy it together.
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 room—perfect 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, it's the ultimate space for outdoor gatherings and weekend BBQs.
The kitchen features a convenient layout and is connected to an in-home laundry area—no 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. The property has 2 electric meters, 2 gas meters and 1 water meter.
This is a smart investment with style, comfort, and flexibility built right in!
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR2
Rooms
Other Rooms Shed(s)
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet,Tile
Fireplaces Type Living Room,Wood Burning
Inclusions Shed Closest to the house and on east side of house, Front Unit: Refrigerator, Stove, Washer, Dryer
Laundry Inside,Laundry Room
Exterior
Parking Features Concrete,Driveway
Fence Block,Chain Link,Vinyl
Pool None
Community Features Urban
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N No
View None
Roof Type Asphalt
Building
Lot Description Back Yard,Front Yard,Lawn
Dwelling Type Duplex
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Los Angeles Unified
Others
Acceptable Financing Cash to New Loan,Conventional,FHA,Submit,VA Loan
Listing Terms Cash to New Loan,Conventional,FHA,Submit,VA Loan
Special Listing Condition Trust