115 East 116th Place, Unit 3

Los Angeles, CA 90061

$1,489,000
Price
9
Beds
6
Baths
3,326 Sq. Ft.
$448 / Sq. Ft.
3,326
Sq. Ft.
$448
per Sq. Ft.

Description

Brand New construction 3 Stunning Units |Modern Living with 3 Bedrooms 2 Baths Each
Welcome to your dream investment opportunity! This brand-new construction offers three thoughtfully designed units that combine luxury, functionality, and style. Whether you’re looking to live in one unit while generating income from the others or seeking a lucrative addition to your portfolio,
Property are completely vacant allowing you to capitalize on top Market Rents consisting of 9 Bedrooms 6 bathrooms
Key Features
...Brand New construction 3 Stunning Units |Modern Living with 3 Bedrooms 2 Baths Each
Welcome to your dream investment opportunity! This brand-new construction offers three thoughtfully designed units that combine luxury, functionality, and style. Whether you’re looking to live in one unit while generating income from the others or seeking a lucrative addition to your portfolio,
Property are completely vacant allowing you to capitalize on top Market Rents consisting of 9 Bedrooms 6 bathrooms
Key Features for Each Unit
• Spacious Layout: 3 large bedrooms and 2 full bathrooms with open-concept floor plans, perfect for modern living. Whether you’re looking to live in one unit while generating income from the others or seeking a lucrative addition to your portfolio,
Property are completely vacant allowing you to capitalize on top Market Rents consisting of 9 Bedrooms 6 bathrooms
Key Features for Each Unit
• Spacious Layout: 3 large bedrooms and 2 full bathrooms with open-concept floor plans, perfect for modern living • Designer Kitchen
kitchens equipped with quartz countertops, soft-close cabinetry,
• Luxurious Bathrooms: Elegant bathrooms with modern fixtures, and sleek tile work. • Designer Kitchen
kitchens equipped with quartz countertops, soft-close cabinetry,
• Luxurious Bathrooms: Elegant bathrooms with modern fixtures, and sleek tile work • Natural Light: Oversized windows and high ceilings create bright, airy interiors. • Natural Light: Oversized windows and high ceilings create bright, airy interiors • Flooring & Finishes: Durable luxury vinyl plank flooring or hardwood throughout, with designer finishes in every room. Additional Highlights
• Energy Efficient:, LED lighting, and energy-efficient HVAC systems for lower utility costs. Additional Highlights
• Energy Efficient:, LED lighting, and energy-efficient HVAC systems for lower utility costs • Laundry Convenience: Each unit includes washer and dryer hook ups inside
• Ample Parking: Attached or nearby parking spaces for residents and guests. Location Benefits
Nestled in a prime location, these units are close to:
• Shopping and Dining: A variety of retail stores,
• Transportation: Easy access to freeways, public transit, and major thoroughfares. Location Benefits
Nestled in a prime location, these units are close to:
• Shopping and Dining: A variety of retail stores,
• Transportation: Easy access to freeways, public transit, and major thoroughfares • Schools & Parks: Walking distance to top-rated schools and nearby parks for outdoor activities. This is a turnkey investment opportunity with strong rental potential, offering modern living spaces in a highly desirable area. Don’t miss out—schedule your private tour today!
  1. Listed by Gus Guzman • DRE #01492463 • Brokerage DRE #01525011 • Century 21 Realty Masters • 562-884-1393

Property Details for 115 East 116th Place, Unit 3

View
None
Parking Spaces Total
6
Private Pool
No
Cooling Type
Central, ENERGY STAR Qualified Equipment
Total Units
3.0
Building Type
Attached
Lot Size Source
Builder
Living Area
3326
LISTING UPDATED: 02/14/2025 09:50 PM

Property Details for 115 East 116th Place, Unit 3

StatusActive
MLS #DW25015064
Days on Market30
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2025
Lot Size0.14 AC / 6,192 SF
CountyLos Angeles County

Building Information for 115 East 116th Place, Unit 3

Stories2Residences-Year Built2025Building Size-Lot Size0.14 AC / 6,192 SF

Property Information for 115 East 116th Place, Unit 3

Rental Info
Rental Info
  • Tenant Pays: None, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $12,000
  • Gross Scheduled Income: $12,000
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 3598
  • Tax Lot: FR11
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Heating Type: ENERGY STAR Qualified Equipment
  • Heating: ENERGY STAR Qualified Equipment
  • Flooring: Vinyl
Exterior Features
  • Window Features: ENERGY STAR Qualified Windows
  • Security Features: Fire and Smoke Detection System
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Entry Location: FRONT
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • Property Condition: Turnkey
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard, Paved
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One, Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 115 East 116th Place, Unit 3

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 115 East 116th Place, Unit 3

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.

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115 East 116th Place, Unit 3 is a multi-family home for sale in Los Angeles, CA 90061. This property was listed for sale on January 23, 2025 by Century 21 Realty Masters, it's currently listed at $1,489,000. This listing's school district is Los Angeles Unified School District. Nearby schools include One Hundred Eighteenth Street School, Alliance Jack H. Skirball Middle School and Alain Leroy Locke College Prep Academy. 115 East 116th Place, Unit 3 is a 9-bed, 6-bath, 3,326 sqft multi-family home built in 2025.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Realty Masters, Gus Guzman, DRE #01492463

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.