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Listed by Jasmin Lovett • Lovett & Associates, REALTORS
$ 1,150,000
Est. payment /mo
Active
202 East 116th st Los Angeles, CA 90061
3,522 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,522 sqft
Price per Sqft $326
MLS Listing ID DW-25110462
Year Built 2020
Lot Size 5,600 Sqft
Property Sub-Type Duplex
Property Description
Welcome to 202/204 E 116th St, Los Angeles, CA 90061--a beautifully constructed duplex offering modern living, excellent rental income potential, and future development opportunities. Built in 2020, this turnkey property features two spacious units, each with 5 bedrooms and 3 bathrooms, designed for both comfort and versatility. Each unit offers a contemporary open-concept floor plan spread over two levels. The main floor includes a convenient bedroom and full bath--ideal for guests or those seeking single-level access--while the upper floor features four additional bedrooms, creating separation and privacy for residents. Currently, one unit is tenant-occupied, providing immediate rental income, while the second unit is available for an owner-occupant or additional rental opportunities. Whether you're looking to live in one and rent the other, or fully lease both units, this property adapts to your investment goals. Zoned LAR2, the lot presents future potential for expansion or creative development projects. A two-car garage and plenty of extra parking add valuable convenience. Location Highlights include easy access to I-105 and I-110 for a smooth commute across Los Angeles. This property is also close to shopping, dining, parks (including Morrison Park & South Park), and local schools- all within in a vibrant and growing neighborhood with strong rental demand. Whether you're an investor looking for a high-performing asset or a homeowner seeking a flexible living arrangement, 202/204 E 116th St is an exceptional opportunity in one of L.A.'s up-and-coming areas. Don't miss your chance--schedule a private showing today and explore the possibilities!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Sw
Interior
Fireplaces Type None
Laundry Inside
Exterior
Parking Features Gated
Garage Spaces 2.0
Pool None
Community Features Urban
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer