3 months on rocket

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

$1,750,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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2223 E 119th St, Los Angeles$1,750,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1962
HeatingWall Furnace
CoolingNone
FireplaceNone
ViewCity Lights
MLS #CV24163088
Lot Size0.54 Acres
StatusActive

About 2223 E 119th St

Developer's Delight! Triplex on a HUGE rarely found HALF ACRE+ lot! This property features three individual buildings with 2 bedrooms and 1 bathroom each. Separate water, gas, and electric meters. RTI plans included for 5-3 bedroom, 2 bathroom units! Build more units if desired! 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.

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 1

Listing Office:

  • Office Name: EXP REALTY OF CALIFORNIA INC
  • Office Phone: (949) 872-6489
  • Listing Agent: Anastasia Hunter

Interior Features

Interior Information:

  • Flooring Type: Carpet, Wood
  • Interior: All Bedrooms Down
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Lot Features

Lot Information:

  • Lot Size: 0.54 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Take CA-91W and I-105W/Century Fwy to Imperial Hwy

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000

Tax Information:

  • Annual Amount: $5,625
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

2223 E 119th St vs Los Angeles

106 DAYS ON ROCKET

+68 Days

$1,750,000

+$726.5K More

KEY TAKEAWAY

This property is $726.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #CV24163088

Listing Office:

  • Office Name: EXP REALTY OF CALIFORNIA INC
  • Office Phone: (949) 872-6489
  • Listing Agent: Anastasia Hunter

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 23, 1998Home Sold
$135,000
Aug 15, 1989Home Sold
$32,500

Tax History

YEARPROP. TAXASSESSMENT
2021$5,625$326,318
2020$5,490$322,517
2019$5,125$316,195
2018$4,984$309,996
2017$4,984$303,918

History based on county public records data.

Payment Calculator

$8,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-806994
6
/10

  • Martin Luther King Elementary School

  • 2270 E 122nd St

  • 0.30 miles

  • Public District Grades PK-6

school-card-donut-806995
3
/10

  • Grape Street Elementary School

  • 1940 E 111th St

  • 0.68 miles

  • Public District Grades KG-5

school-card-donut-806996
5
/10

  • Ritter Elementary School

  • 11108 Watts Ave

  • 0.69 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,061. Typical income of Los Angeles, CA residents is between $35k-100k annually. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90059›2223 E 119th St

This home is located at 2223 E 119th St in Los Angeles, CA and zip code 90059 in the South LA neighborhood. This home, which was built in 1962, sits on a 0.54 acre lot. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $1,750,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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