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Listed by Jimmy Alexander, DRE #01876523 • Opus Terra Properties
$675,000
Est. payment /mo
8,902 Sqft Lot
Price Dropped by $24K
2111 E 118th ST Los Angeles, CA 90059
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26192040
Year Built 1950
Lot Size 8,902 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
OWNER-USER OPPORTUNITY - SELLER MAY DELIVER POSSESSION OF THE LARGER UNIT UPON CLOSING! 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 a
Location
State CA
County Los Angeles
Area Watt - Watts
Interior
Laundry In Laundry Room, Other
Exterior
Parking Features Other
Garage Spaces 2.0
Pool None
Building
Story One Story
Others
Tax ID 6150019012
Special Listing Condition Not Applicable
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