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354 E 116th Place, Los Angeles, CA 90061

Duplex

354 E 116th Place, Los Angeles, CA 90061 Sold February 2024 CRMLS
$700,000Sold February 2024

Listing Agent: DECATUR THORNTON (DRE #02041074) · Listing Office: EXP REALTY OF CALIFORNIA INC. · Contact: 951-236-6183 · Bought with: Franklin Berrios · Landhills Realty, Inc. · MLS #EV23199198 · Source: CRMLS

8
Bedrooms
4
Bathrooms
1,824
Sq Ft
6,216 sqft
Lot Size
1988
Year Built
Duplex
Type
1
Stories
2
Garage
None
Cooling

About this duplex

PRICE IMPROVEMENT!! Introducing the exquisite "Duplex," nestled in the heart of the vibrant city of Los Angeles. This remarkable property comprises two distinct units, each an epitome of sophistication, featuring four lavish bedrooms and two opulent baths. A spacious two-car garage stands at the ready, accompanied by the added convenience of abundant space to accommodate up to four more vehicles on the expansive lot. Beyond its physical grandeur, this property stands as a veritable treasure trove of untapped potential and lucrative possibilities. With the potential to yield a substantial market rent ranging between ($3500-$4000) per unit, its income-generating prowess is unparalleled. A dual advantage emerges in the form of the flexibility to either inhabit one unit while leasing out the other or to possess both units entirely – a rare and exceptional proposition in the real estate realm. Picture, if you will, the graceful living quarters that await within.

Listing description from the February 2024 sale, as reported to CRMLS.

Sale history

$700,000
Sold February 2024 · listed $750,000, orig. $835,000, on market October 2023 · MLS #EV23199198 · Source: CRMLS
Listing Agent: DECATUR THORNTON · Listing Office: EXP REALTY OF CALIFORNIA INC. · Contact: 951-236-6183 · Bought with: Franklin Berrios · Landhills Realty, Inc.
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