343 West 119th Street

Los Angeles, CA 90061

$595,000
Last Sold Price
3
Beds
2
Baths
1,144 Sq. Ft.
$520 / Sq. Ft.
1,144
Sq. Ft.
$520
per Sq. Ft.

Description

This is the investment opportunity of a lifetime! This unique property offers 3 potential sources of income with the main home being split into two units (1/1 & 2/1 respectively) and the garage being tastefully converted into a 1 bedroom ADU! This home has a long driveway and separate entrances for all units. This gated property also has an external site for laundry that will make all your tenants happy! This unique ADU features a kitchenette with a pantry and a dining room/living room, and a separate...This is the investment opportunity of a lifetime! This unique property offers 3 potential sources of income with the main home being split into two units (1/1 & 2/1 respectively) and the garage being tastefully converted into a 1 bedroom ADU! This home has a long driveway and separate entrances for all units. This gated property also has an external site for laundry that will make all your tenants happy! This unique ADU features a kitchenette with a pantry and a dining room/living room, and a separate bedroom/bathroom, making this feel more like a 1 bedroom unit than a studio like most ADU's allowing for even more of an opportunity for rental income. The potential for your rental income to surpass your mortgage payment is HIGH with this property. There is currently only one tenant occupying the front unit paying $1,000/month and they would like to remain in the property, however they are also willing to vacate making this property able to be delivered 100% vacant! The front of this home has drought resistant landscaping and meticulously maintained shrubbery giving this home lots of curb appeal. This home at this price in this market will not last long, so don't wait!
  1. Listed by Robert Barbee • DRE #02024061 • Brokerage DRE #00917764 • Robert Pitts Estates

Property Details for 343 West 119th Street

Zoning
LAR1
Style
Other
Parcel Number
6087019027
Living Area
1144
Source Living Area
Vendor Enhanced
Area
Metropolitan South (C37)
Lot Size Area
5195
Source Lot Size Area
Vendor Enhanced

Location

Listing Courtesy of Robert Pitts Estates, Robert Barbee, DRE #02024061

Sold By Realty One Group Diamond, Maria Noyola, DRE #01987194

Add your commute
LISTING UPDATED: 08/17/2022 09:53 AM

Property Details for 343 West 119th Street

StatusSold
MLS #22-155219
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1928
Lot Size0.12 AC / 5,195 SF
CountyLos Angeles County

Location

Listing Courtesy of Robert Pitts Estates, Robert Barbee, DRE #02024061

Sold By Realty One Group Diamond, Maria Noyola, DRE #01987194

Add your commute

Building Information for 343 West 119th Street

Stories1Year Built1928Building Size-Lot Size0.12 AC / 5,195 SF

Payment Calculator

$3,880 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,247

Property Taxes

$633

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 343 West 119th Street

Community / Development
Community / Development
  • HOA: No
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1193
  • Lot Size Square Feet: 5195
  • Lot Size Dimensions: 40x130
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 0
  • Parking Features: Driveway
Interior Features
Interior Features
  • Rooms: Converted Garage
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Other
  • Flooring: Mixed
  • Equipment: Washer, Dryer
  • Common Walls: Detached/No Common Walls
  • Laundry: Outside
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: Accessory Dwelling Unit
Lease Terms
Lease Terms
  • Entry Date: 05-10-2022

Property History for 343 West 119th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 343 West 119th Street

Taxable ValueLand$451,900Additions$143,100Total$595,000
Tax Record2023$7,598 ($633 / month)
Home Facts
Beds3Total Finished SqFt1,144 SqFtAbove Grade Finished SqFt1,144 SqFtStories1Lot Size5,195 SqFtStyleSingle Family ResidenceYear Built1928ZoningLAR1CountyLOS ANGELESAPN6087-019-027

Schools near 343 West 119th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Charter - 9 to 12
Public - 9 to 12
Rating
School
Distance
One Hundred Eighteenth Street School
PublicK to 5

Alliance Jack H. Skirball Middle School
Charter6 to 8

Alain Leroy Locke College Prep Academy
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Robert Pitts Estates, Robert Barbee, DRE #02024061

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.