2223 E 119th St, Los Angeles, CA 90059
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2223 E 119th St Los Angeles, CA 90059

$1,250,000
  • 6 Beds
  • 3 Baths
  • 2,448 Sq.Ft.
For Sale
$1,250,000 Get Pre-Qualified

Map preview of 2223 E 119th St, Los Angeles, CA 90059

Property Overview: 2223 E 119th St Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,448 living square feet and 23,375 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Developers Delight! Triplex featuring 2 bedrooms and 1 bathroom each. Three individual units. Separate water, gas, and electric meters. HUGE .5 acre/23,000+ Sq Ft Lot. RTI plans included for 6 – 3 bedroom, 2 bathroom units! 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. Please do not disturb occupants.

Listed by Anastasia Hunter | BRE #01949710 | EXP REALTY OF CALIFORNIA INC
Last checked: 11 minutes ago | Last updated: December 13th, 2023 | Source CRMLS | DOM: 158
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Home details

Lot Sq. Ft
23,375
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Triplex
Status
Active
MLS#
CV23199828
City
Los Angeles
County
Los Angeles
Time on Site
181 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $600
  • Total Rent: $600
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $32,400
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0

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Property Details for 2223 E 119th St

Interior Features
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Bath, Kitchen, Living Room
Room Information
  • Flooring: Carpet, Tile
  • All Bedrooms Down
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Chain Link, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6150020036
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Take CA-91 W and I-105 W/Century Fwy to Imperial Hwy.
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 2223 E 119th St

Last sold for $745,000 on May 18th, 2021
  • October, 2023

  • Oct 27, 2023

    Date

    Active

    CRMLS: CV23199828

    $1,100,000

    Price

  • May, 2021

  • May 18, 2021

    Date

    Sold

    CRMLS: PW21038865

    $745,000

    Price

  • Mar 12, 2021

    Date

    Active Under Contract

    CRMLS: PW21038865

    $560,000

    Price

  • Mar 4, 2021

    Date

    Hold

    CRMLS: PW21038865

    $560,000

    Price

  • Feb 26, 2021

    Date

    Active

    CRMLS: PW21038865

    $560,000

    Price

  • Feb 24, 2021

    Date

    Coming Soon

    CRMLS: PW21038865

    $560,000

    Price

  • Listing provided courtesy of CRMLS

    Three individual units on a more than 1/2 acre lot. Units are 2 bed / 1 bath. Property has long driveways and gated / fenced, off street parking. Located near access to freeways and public transportation.

  • December, 1998

  • Dec 23, 1998

    Date

    Sold (Public Records)

    Public Records

    $135,000

    Price

  • November, 1998

  • Nov 5, 1998

    Date

    Sold (Public Records)

    Public Records

    $7,600

    Price

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Tax History for 2223 E 119th St

Assessed Value (2020): $322,977
Year Land Value Improved Value Assessed Value
2020 $200,681 $122,296 $322,977

Home Value Compared to the Market

This property vs the competition

2223 E 119th St is listed 0.08% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $510.62 per/sqft which puts the price per square foot 33.86% lower than the median price per square foot for the city of Los Angeles.

About 2223 E 119th St

Detailed summary of property

2223 E 119th St is a triplex located in Los Angeles, CA 90059 and is currently for sale. This triplex offers 6 bedrooms, 3 bathrooms, roughly 2,448 living square feet, and sits on an approximately 23,375 square foot lot. 2223 E 119th St was first listed on ArdentRealEstateGroup.com on October 28, 2023. The homeowner is currently asking $1,250,000 and was originally asking $1,100,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 0.08% higher than the median priced home. Local competing homes currently for sale include 1142 Nadeau St, 302 W 107th St and 1228 E 76th St. While the average home in Los Angeles, CA is selling in 97 days, 2223 E 119th St has a days on market of 158 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 2223 E 119th St Los Angeles, CA 90059 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2223 E 119th St

Public county record property details
Beds
6
Baths
3
Year built
1962
Sq. Ft.
2,448
Lot Size
23,368
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
103,104
APN
6150-020-036

The source for these homes facts are from public records.

90059 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$512
Median Sold Price
$560,000
Median Sold Price/Sq.Ft.
$510
Total Inventory
45
Median Sale to List Price %
100%
Avg Days on Market
33
Loan Type
Conventional (13.33%), FHA (53.33%), VA (0%), Cash (6.67%), Other (13.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.