2111 E 118th Street, Los Angeles, CA 90059
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2111 E 118th Street, Los Angeles, CA 90059
2111 E 118th Street, Los Angeles, CA 90059
2111 E 118th Street, Los Angeles, CA 90059
2111 E 118th Street, Los Angeles, CA 90059
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Ruben Lafuente

Ruben Lafuente

+1(619) 500-2997
$ 625,000
Est. payment /mo
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Price Dropped by $24K

2111 E 118th Street Los Angeles, CA 90059

4 Beds

2 Baths

8,902 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26192040

Bedrooms 4

Lot Size 8,902 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

OWNER-USER OPPORTUNITY - GREAT INCOME-PRODUCING DUPLEX WITH LA HOUSING APPROVED PLANS FOR 3RD UNIT! Two detached 2-bedroom, 1-bath residences with individual laundry areas situated on an approximately 8,899 SF lot. The property currently generates rental income from both existing residences. Approved plans are in place for an approximately 900 SF, 2-bedroom, 1.5-bath ADU with laundry at the rear of the property. An additional conceptual development scenario explores removal of the existing approximately 366 SF garage and construction of three detached residential units at the rear while retaining both existing residences, potentially resulting in 5 total residential units. The 3 conceptual rear units have been modeled at approximately 900 SF each with 2 bedrooms, 1.5 baths and laundry. Existing property features include separate gas and electric meters serving the two residences and one water meter. Buyer to independently verify permits, approved plans, square footage, zoning, unit configuration and all development possibilities with the appropriate governmental agencies. The ADDITIONAL 3 UNITS -unit rear development concept is not currently approved and is subject to feasibility review and all required governmental approvals. SEE ATTACHED SUPPLEMENTS FOR DETAILS. HOME HAS A SECURITY SYSTEM SO PLEASE DO NOT GO WITHOUT APPOINTMENT.

Location

State CA

County Los Angeles

Zoning Assessor

Direction 105 FWY EXIT WILMINGTON AVE NORTH LEFT ON 118TH ST PROPERTY ON LEFT

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 6150019012

Acceptable Financing Cash

Listing Terms Cash

MLS Router / San Diego MLS
Listed by Jimmy Alexander, DRE#01876523 Opus Terra Properties 
Ruben Lafuente

Ruben Lafuente

Agent License ID: 01965249

+1(619) 500-2997

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2111 E 118th Street