2111 E 118th Street Los Angeles, CA $ 725,000
2111 E 118th Street
$ 725,000
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2111 E 118th Street

Los Angeles, CA, 90059
$ 725,000
Baths1.0 Sq 1,535

Monthly Estimate*

$ 4,578

Listed by Opus Terra Properties
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $725,000 with 1 full bath. This 1,535 square foot home was built in 1950 on a lot size of 0.2044.

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 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 three-unit rear development concept is not currently approved and is subject to feasibility review and all required governmental approvals. **Possession of the larger of the two existing units may be delivered to the buyer at closing**. SEE ATTACHED SUPPLEMENTS FOR DETAILS.

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Multi-Family Active

Price

$ 725,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2044

Year Built

1950

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW26192040

Days on Market

2

Features
General
Sewer Public Sewer
Garage Spaces 2
Pool Features None
Year Built 1950
Tenant Pays Trash Collection Water
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 51864
Community Features Street Lights
County Los Angeles
Net Operating Income 46464
Operating Expense 5400
Insurance Expense 3000
New Construction false
Property Type Residential Income
Contingency None
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions 105 FWY EXIT WILMINGTON AVE NORTH LEFT ON 118TH ST PROPERTY ON LEFT
City Los Angeles
Entry Location Ground
Senior Community Y/N false
Number Of Units Total 2
MLS Area WATT - Watts
Lot Size Units Square Feet
Lot Size Square Feet 8902
Listing Terms Cash Cash to New Loan
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 1200
Water Sewer Expense 1200
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 21
Total Actual Rent 4277
Property Sub Type Additional Duplex
Cap Rate 6.41
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Interior
Total Stories 1
Common Walls No Common Walls
Laundry Features Inside Laundry Room
Entry Level 1
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Exterior
Parking Features Concrete
Total Parking 2
Lot Size Area 8902
Number of Buildings 0
Building Area Total 1535
Lot Size Acres 0.2044
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Opus Terra Properties

Broker

Jimmy@Jimmy-Alexander.com

Email

Affordability Calculator

$4,578
Per Month
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Monthly Principal & Interest
$4,578
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/2/2026$725,000 Listed Price

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2111 E 118th Street, Los Angeles, CA, 90059 is a Multi-Family Home for sale at $725,000 with 1,535 sqft and a lot size of 0.2044. 2111 E 118th Street is a studio with 1.0 baths and was built in 1950. The property's zip code is 90059 which is in Los Angeles, CA