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.
Sold for $700,000
Listed by: EXP REALTY OF CALIFORNIA INC. • Decatur Thornton • Contact: 888-584-9427
Bought with: Landhills Realty, Inc.
$700,000
354 E 116th Pl, Los Angeles, CA 90061
8beds
1,824sqft
Duplex
Built in 1988
6,216 Square Feet Lot
$769,600 Zestimate®
$384/sqft
$3,716 Estimated rent
Home value
$769,600
$723,000 - $816,000
$3,716/mo
Zestimate® history
Owner options
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$3,716/mo
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$3,716/mo
Rent Zestimate®
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$4,436/mo
Est. payment
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$4,436/mo
Est. payment
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Spacious two-car garage
Zillow last checked:
Listing updated:
Listed by:
Decatur Thornton DRE #02041074 951-236-6183,
EXP REALTY OF CALIFORNIA INC.,
Tritia Humphries DRE #02148462 323-893-9667,
eXp Realty of Southern California, Inc.
Bought with:
Franklin Berrios, DRE #01400029
Landhills Realty, Inc.
Source: CRMLS,MLS#: EV23199198
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 4
- Main level bedrooms: 8
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Cooling
- None
Appliances
- Laundry: Stacked
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 1,824 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: front door
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,216 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6083008063
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Sewer Not Available
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $384/sqft
- Tax assessed value: $714,000
- Annual tax amount: $9,096
- Date on market: 11/2/2023
- Cumulative days on market: 53 days
- Listing terms: Cash,Conventional,FHA,Submit
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2024 | Sold | $700,000-6.7%$384/sqft |
Source:  CRMLS #EV23199198 Report a problem | ||
| 12/28/2023 | Pending sale | $750,000$411/sqft |
Source: CRMLS #EV23199198 Report a problem | ||
| 12/7/2023 | Price change | $750,000-10.2%$411/sqft |
Source: CRMLS #EV23199198 Report a problem | ||
| 11/2/2023 | Listed for sale | $835,000$458/sqft |
Source: CRMLS #EV23199198 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,096 -1.7% | $714,000 |
| 2024 | $9,251 +172.4% | $714,000 +215.5% |
| 2023 | $3,396 +4.2% | $226,286 +2% |
| 2022 | $3,258 +1.5% | $221,850 +2% |
| 2021 | $3,211 -0.7% | $217,501 +1% |
| 2020 | $3,235 | $215,272 +2% |
| 2019 | $3,235 +8.5% | $211,052 +2% |
| 2018 | $2,980 | $206,915 +2% |
| 2017 | $2,980 +2.2% | $202,859 +2% |
| 2016 | $2,916 +2.9% | $198,883 +1.5% |
| 2015 | $2,833 +0.9% | $195,897 +2% |
| 2014 | $2,807 | $192,061 +2.5% |
| 2012 | -- | $187,446 +2% |
| 2011 | -- | $183,772 +0.8% |
| 2010 | -- | $182,399 -0.2% |
| 2009 | -- | $182,833 +2% |
| 2008 | -- | $179,249 +2% |
| 2007 | -- | $175,735 -8.6% |
| 2006 | -- | $192,235 |
| 2005 | -- | $192,235 +4% |
| 2004 | -- | $184,773 +1.9% |
| 2003 | -- | $181,387 +2% |
| 2002 | -- | $177,831 +4% |
| 2000 | -- | $170,928 |
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: 0.3 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
$769,600
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Estimated market value
$769,600
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