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142 E 118th Place, Los Angeles, CA 90061$599,000

6
beds
2
baths
1508
ft2
· 5564
ft2 lot
$397 / ft2

Listing provided courtesy of Maria Olmos, Beach Cities Properties, Inc.
Source CRMLS;
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A fantastic opportunity knocks with this lovely 2 unit income property. Each unit has 3 bedrooms and 1 bathroom and an inside laundry area. The rear unit was built in 2006 and the front unit was totally remodeled at the same time. Property has a long driveway and a carport in the backyard which can easily accommodate 4-6 cars. Perfect investment opportunity for first-time homebuyers or as an investment, with potential to rent at the current market value of up to $2500 per unit. . This is an R2 lot with 5564 sq ft. lot size. Elementary school located directly across the street.

HOA

$0/month

On market

2 months

Year built

1927

Property type

Multi-Family

Parking

8

MLS

PW21215957

Price / Sq.Ft.

$397 / ft2

Status

Active Under Contract

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Home details for 142 E 118th Place

Interior Features & Layout
Appliances
•   
Laundry Details: Inside
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 1508.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 0.00
•   
Uncovered Spaces: 6.00
•   
Carport Spaces: 2.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: LAR2
•   
Stories Total: 1
•   
Num Stories: One
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: 0-1 Unit/Acre
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1277
•   
Lot Size Area: 5564.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 2
Property Features
•   
Common Walls: No Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 2
•   
Number Of Separate Gas Meters: 2
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 0.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
Insurance Expense: 0.00
•   
Total Expenses: 0.00
•   
Gross Scheduled Income: 0.00
•   
Operating Expense: 0.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 0.00
•   
Tax Year: 2020
•   
Taxes: 6256.21
Lease Info
•   
Net Operating Income: 0.00
Listing Info
•   
Status: Active Under Contract
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 0.00
•   
Unit 2 Bedrooms: 3
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 0.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 0.00
•   
Unit 1 Total Rent: 0.00
Multi Unit Information
•   
# Of Units: 2
•   
Price Per Unit: 299500
School Neighborhood & Directions
Location
•   
Community Features: Sidewalks
School Info
•   
Directions: El Segundo and Main St
Other
Calculation
•   
Dom: 20
•   
Cdom: 20

Neighborhood snapshot

Flyhomes
California
Los Angeles County
Los Angeles
Harbor Gateway North
29
Properties for sale
12
Median days on market
$417.57
Median sold price/sqft
100.21%
Sold/List %
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Property History for 142 E 118th Place

09/29/2021
09/29/2021
CRMLS #PW21215957
active
CRMLS #PW21215957
$599,000
09/28/2021
09/28/2021
CRMLS #PW21215957
other
CRMLS #PW21215957
$599,000
09/24/2021
09/24/2021
CRMLS #PW21192352
active
CRMLS #PW21192352
$599,000
09/03/2021
09/03/2021
CRMLS #PW21192352
other
CRMLS #PW21192352
$599,000
+7.93%
01/20/2006
01/20/2006
Public Record
sold
Public Record
$555,000
+94.74%
See more property history

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