2223 East 119th Street

Los Angeles, CA 90059

$1,750,000
Price
2
Beds
3
Baths
2,448 Sq. Ft.
$715 / Sq. Ft.
2,448
Sq. Ft.
$715
per Sq. Ft.

Description

Developer's Delight! Triplex on a HUGE rarely found HALF ACRE+ lot! This property features three individual buildings with 2 bedrooms and 1 bathroom each. Separate water, gas, and electric meters. RTI plans included for 5-3 bedroom, 2 bathroom units! Build more units if desired! Amazing opportunity for the savvy investor to redevelop the site, live in one unit and rent out the others. This property represents a substantial opportunity for investors aiming to capitalize on a multifamily asset within...Developer's Delight! Triplex on a HUGE rarely found HALF ACRE+ lot! This property features three individual buildings with 2 bedrooms and 1 bathroom each. Separate water, gas, and electric meters. RTI plans included for 5-3 bedroom, 2 bathroom units! Build more units if desired! Amazing opportunity for the savvy investor to redevelop the site, live in one unit and rent out the others. This property represents a substantial opportunity for investors aiming to capitalize on a multifamily asset within a dynamic urban community. This location is convenient to dining, shopping, and the 105/110 freeways. Drive by only.
  1. Listed by Anastasia Hunter • DRE #01949710 • Brokerage DRE #01878277 • EXP REALTY OF CALIFORNIA INC • 949-872-6489

Property Details for 2223 East 119th Street

View
City Lights
Parking Spaces Total
6
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2448
LISTING UPDATED: 08/12/2024 02:01 AM

Property Details for 2223 East 119th Street

StatusActive
MLS #CV24163088
Days on Market134
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
Lot Size0.54 AC / 23,375 SF
CountyLos Angeles County

Building Information for 2223 East 119th Street

Stories1Residences-Year Built1962Building Size-Lot Size0.54 AC / 23,375 SF

Property Information for 2223 East 119th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $30,000
  • Gross Scheduled Income: $30,000
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 104
  • Tax Census Tract: 5406.00
  • CFD/Mello-Roos Fee: $1,870
  • Tax Lot: 104
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Wood
Exterior Features
  • Roof: Composition
  • Entry Location: Front
  • View Description: City Lights
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 20000-39999 Sqft
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3

Property History for 2223 East 119th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2223 East 119th Street

Taxable ValueLand$636,724Additions$154,335Total$791,059
Tax Record2024$11,434 ($953 / month)
Home Facts
Total Finished SqFt2,448 SqFtAbove Grade Finished SqFt2,448 SqFtLot Size23,369 SqFtStyleTriplexYear Built1962ZoningLCR1YYCountyLOS ANGELESAPN6150-020-036

Schools near 2223 East 119th Street

This home is within Compton Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Martin Luther King Elementary School
PublicK to 6

Bunche Middle School
Public6 to 8

Centennial High School
Public9 to 12

Cesar Chavez Continuation High School
Public9 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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2223 East 119th Street is a multi-family home for sale in Los Angeles, CA 90059. This property was listed for sale on August 8, 2024 by EXP REALTY OF CALIFORNIA INC, it's currently listed at $1,750,000. It has been on the market for a total of 134 days and was last sold on May 18, 2021. This listing's school district is Compton Unified School District. Nearby schools include Martin Luther King Elementary School, Bunche Middle School and Centennial High School. 2223 East 119th Street is a 2-bed, 3-bath, 2,448 sqft multi-family home built in 1962.

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 EXP REALTY OF CALIFORNIA INC, Anastasia Hunter, DRE #01949710

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.