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2111 E 118th St

Willowbrook CA 90059

4
2
8902 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

OWNER-USER OPPORTUNITY - SELLER MAY DELIVER POSSESSION OF THE LARGER UNIT UPON CLOSING! GREAT INCOME-PRODUCING DUPLEX WITH LA HOUSING APPROVED PLANS FOR 3RD UNIT! Two detached 2-bedroom, 1-bath residences with individual laundry areas situated on an approximately 8,899 SF lot. The property currently generates rental income from both existing residences. Approved plans are in place for an approximately 900 SF, 2-bedroom, 1.5-bath ADU with laundry at the rear of the property. An additional conceptual development scenario explores removal of the existing approximately 366 SF garage and construction of three detached residential units at the rear while retaining both existing residences, potentially resulting in 5 total residential units. The 3 conceptual rear units have been modeled at approximately 900 SF each with 2 bedrooms, 1.5 baths and laundry. Existing property features include separate gas and electric meters serving the two residences and one water meter. Buyer to independently verify permits, approved plans, square footage, zoning, unit configuration and all development possibilities with the appropriate governmental agencies. The ADDITIONAL 3 UNITS -unit rear development concept is not currently approved and is subject to feasibility review and all required governmental approvals. SEE ATTACHED SUPPLEMENTS FOR DETAILS.

Features

4 bedrooms
2 bathrooms
8902 sq. ft. lot size
Multi-Family

Property history for 2111 E 118th St

2016
Sold
$340,000
11 Jul 2016

Happy sellers in Willowbrook

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Local market activity for 4 bedroom multi families in Willowbrook

In the last 12 months, 5 four-bedroom multi families similar to 2111 E 118th St, have been sold.

This represents a 150% decrease in four-bedroom multi families sales when compared to the previous 12 months.

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