Sold
Listed By:
Nicola Speranta with Compass;
Sold By:
Alvarez and Alvarez Realty
Address
116 Ellita Place, Los Angeles, CA
Price
$ 711,000
Property Attributes
  • MLS#AR23176885
  • TypeMulti-Family
  • CountyLOS ANGELES
  • CityLos Angeles
  • Zip90042
  • Style
  • Price$ 711,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1386
  • Lot Size3,019 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

WELCOME TO HIGHLAND PARK! FANTASTIC OPPORTUNITY TO OWN 2 HOUSES ON A LOT IN A FANTASTIC LOCATION! IT FEATURES 2 CRAFTSMAN HOMES; BOTH HOMES ARE 2 BED 1 BATH; HIGH CEILINGS; 1386 SQ FEET OF LIVING SPACE ( 693 SQ FT EACH ): JUST OFF FIGUEROA IN THE HEART OF THE RESTAURANTS, SHOPS, CAFES, AND BARS: SUPER TRENDY; ONE BLOCK FROM THE "GOLD LINE"; CURRENTLY RENTED; THESE ARE HOT RENTALS WITH GUARANTEED INCOME. ONE OF THE HOTTEST NEIGHBORHOODS IN LA. THIS IS DUE TO THE GEOGRAPHIC LOCATION OF DOWNTOWN LOS ANGELES AND ADJACENT CITIES AND THE GENTRIFICATION THAT IS GOING ON IN THE AREA AND HAS BEEN SINCE THE MID-2000S. VOTED BY REDFIN AS ONE OF THE TOP 10, UP-AND-COMING CITIES IN THE US; OPPORTUNITY KNOCKS TO OWN TO LIVE IN ONE AND RENT OUT THE OTHER AS WELL AS THE PERFECT RENTALS, BOTH CURRENTLY RENTED AND ARE IN AVERAGE CONDITION. STREET PARKING

Price History
9/21/2023 Listed $699,000
9/26/2023 9% - $639,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90042

Price
AVG $1.13M
$710K