242 E 116th St

Los Angeles CA 90061

0.14 ac.

Multi-Family

Last sold for $800,000

Denise Waters, last sold this property on 30 June 2025 after -1 days on market.

Overview

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 roomperfect 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, its the ultimate space for outdoor gatherings and weekend BBQs. The kitchen features a convenient layout and is connected to an in-home laundry areano 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!

Features

4 bedrooms

3 bathrooms

0.14 ac. lot size

Multi-Family

Estimated Value

We need at least 3 similar 4 bedroom multi families sold in Los Angeles over the last 12 months.

Property history for 242 E 116th St

2025

Sold

$800,000

30 Jun 2025 by Denise Waters, of REALTY EXECUTIVES ALL CITIES

2017

Sold

$450,000

13 Jul 2017 by Michael Johnson, of REALTY EXECUTIVES ALL CITIES

Happy sellers in Los Angeles

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