Perfect for Entertaining and Investment!
Discover the charm of this well-maintained duplex, ideally situated in a sought-after rental area. The front unit welcomes you with a cozy living room—perfect for relaxing after a long day. Need a dedicated workspace? The bonus room can easily serve as your home office or creative studio.
Head to the kitchen for a quick bite, then step outside to your spacious backyard oasis. With a covered patio and ample room for guests, it’s the ultimate space for outdoor gatherings and weekend BBQs.
The kitchen features a convenient layout and is connected to an in-home laundry area—no more trips to the laundromat! Live comfortably in the front unit while generating income from the back.
The rear unit is a 2-bedroom, 1-bath and currently tenant-occupied. The property sits on a generous lot with plenty of parking and includes thoughtful upgrades such as newer paint, copper plumbing, a west-facing block wall, and brand-new carpeting throughout. Property comes with SimpliSafe Monitoring cameras and can be viewed 24/7 from your iPhone. This is a smart investment with style, comfort, and flexibility built right in!
Sold for $800,000
Listed by: Realty Executives All Cities • Denise Waters • Contact: 310-614-7669
Bought with: Luxury Collective
$800,000
242 E 116th St, Los Angeles, CA 90061
4beds
3baths
1,858sqft
Duplex
Built in 1949
-- sqft lot
$793,900 Zestimate®
$431/sqft
$3,211 Estimated rent
Home value
$793,900
$715,000 - $881,000
$3,211/mo
Zestimate® history
Owner options
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$3,211/mo
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$3,211/mo
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$5,236/mo
Est. payment
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$5,236/mo
Est. payment
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List your homeWhat's special
Dedicated workspaceBrand-new carpetingSpacious backyard oasisConvenient layoutCovered patioBonus roomIn-home laundry area
Zillow last checked:
Listing updated:
Listed by:
Denise Waters DRE #01027990 310-614-7669,
Realty Executives All Cities
Bought with:
Jenny Segovia, DRE #01331605
Luxury Collective
Source: CRMLS,MLS#: RS25075322
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Rooms
- Room types: Bonus Room, Kitchen, Laundry, Primary Bedroom
Primary bedroom
- Features: Primary Suite
Kitchen
- Features: Galley Kitchen
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Range, Gas Water Heater, Refrigerator, Dryer, Washer
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s), Tile Counters, Galley Kitchen, Primary Suite
- Flooring: Carpet, Tile
- Windows: Blinds
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,858
- Total interior livable area: 1,858 sqft
Property
Parking
- Total spaces: 5
- Parking features: Concrete, Driveway
- Uncovered spaces: 5
Accessibility
- Accessibility features: Safe Emergency Egress from Home, Accessible Doors
Features
- Levels: One
- Stories: 1
- Entry location: Front & Side
- Pool features: None
- Spa features: None
- Fencing: Block,Chain Link,Vinyl
- Has view: Yes
- View description: None
Lot
- Size: 5,882 Square Feet
- Dimensions: 41 x 140
- Features: Back Yard, Front Yard, Lawn
Details
- Additional structures: Shed(s)
- Parcel number: 6083009005
- Zoning: LAR2
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Raised
- Roof: Asphalt
Condition
- Turnkey
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Urban
- Security: Window Bars
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $431/sqft
- Tax assessed value: $512,017
- Annual tax amount: $6,646
- Date on market: 4/10/2025
- Cumulative days on market: 36 days
- Listing terms: Cash to New Loan,Conventional,FHA,Submit,VA Loan
- Inclusions: Shed Closest to the house and on east side of house, Front Unit: Refrigerator, Stove, Washer, Dryer
- Exclusions: Car Canopy, Patio Furniture, Shed farthest from the house, Rear Unit: Refrigerator, Stove
- Total actual rent: 1800
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2025 | Sold | $800,000+0.1%$431/sqft |
Source:  CRMLS #RS25075322 Report a problem | ||
| 6/11/2025 | Pending sale | $799,000$430/sqft |
Source: CRMLS #RS25075322 Report a problem | ||
| 5/4/2025 | Contingent | $799,000$430/sqft |
Source: CRMLS #RS25075322 Report a problem | ||
| 4/26/2025 | Price change | $799,000-6%$430/sqft |
Source: CRMLS #RS25075322 Report a problem | ||
| 3/20/2025 | Listed for sale | $850,000+88.9%$457/sqft |
Source: CRMLS #SR25061561 Report a problem | ||
| 3/2/2024 | Listing removed | -- |
Source: CRMLS #SR24027837 Report a problem | ||
| 2/8/2024 | Listed for rent | $1,800$1/sqft |
Source: CRMLS #SR24027837 Report a problem | ||
| 7/12/2017 | Sold | $450,000+2.3%$242/sqft |
Source: Public Record Report a problem | ||
| 4/28/2017 | Pending sale | $440,000$237/sqft |
Source: Realty Executives All Cities #RS17080744 Report a problem | ||
| 4/16/2017 | Listed for sale | $440,000+1.1%$237/sqft |
Source: Realty Executives All Cities #RS17080744 Report a problem | ||
| 11/16/2016 | Listing removed | $435,000$234/sqft |
Source: Realty Executives All Cities #RS16705406 Report a problem | ||
| 9/19/2016 | Listed for sale | $435,000+1801.5%$234/sqft |
Source: Realty Executives All Cities #RS16705406 Report a problem | ||
| 7/5/1996 | Sold | $22,877$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,646 +1.6% | $512,017 +2% |
| 2024 | $6,543 +1.9% | $501,978 +2% |
| 2023 | $6,420 +4.7% | $492,136 +2% |
| 2022 | $6,133 +1.4% | $482,488 +2% |
| 2021 | $6,050 -0.9% | $473,029 +1% |
| 2020 | $6,104 | $468,180 +2% |
| 2019 | $6,104 +6% | $459,000 +2% |
| 2018 | $5,759 | $450,000 +91.6% |
| 2017 | $5,759 +77.1% | $234,850 +2% |
| 2016 | $3,253 +2.9% | $230,246 +1.5% |
| 2015 | $3,161 +17.8% | $226,788 +19.9% |
| 2014 | $2,683 | $189,077 +19.5% |
| 2012 | -- | $158,183 +2% |
| 2011 | -- | $155,082 +0.8% |
| 2010 | -- | $153,923 -0.2% |
| 2009 | -- | $154,289 +2% |
| 2008 | -- | $151,265 +2% |
| 2007 | -- | $148,300 +2% |
| 2006 | -- | $145,393 |
| 2005 | -- | $145,393 +4% |
| 2004 | -- | $139,749 +1.9% |
| 2003 | -- | $137,189 +2% |
| 2002 | -- | $134,500 +4% |
| 2000 | -- | $129,279 |
Find assessor info on the county website
Neighborhood: Southeast Los Angeles
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Nearby schools
GreatSchools rating
- 4/10One Hundred Eighteenth Street SchoolGrades: K-5Distance: 0.2 mi
- 3/10Samuel Gompers Middle SchoolGrades: 6-8Distance: 0.3 mi
- 3/10Alain Leroy Locke College Prep AcademyGrades: 9-12Distance: 0.5 mi
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Estimated market value
$793,900
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Estimated market value
$793,900
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