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326 E 116th St, Los Angeles, CA, 90061

$499,000

Home List Price

$5,926*

Closing Credit

3 Bedrooms
1 Bath
912 SqFt
$547/SqFt
House

Location

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326 E 116th St, Los Angeles$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport
Year Built1928
MLS #620200
Lot Size0.14 Acres
StatusActive

About 326 E 116th St

Charming single-family home is a fantastic investment opportunity with a generous lot size of 6,289 sq ft, providing ample outdoor space, with mature trees & plenty of shade! The home itself is a cozy 912 sq ft and features 3 bedrooms plus 1 bathroom. It's a perfect blend of vintage charm and contemporary comfort; or LAR2 two family zoning if you're thinking bigger & love to build. Located in the heart of Los Angeles, this property is surrounded by a variety of local amenities, and is not RSO. It's conveniently close to the 105 & 110 freeways, making commuting a breeze. Restaurants, grocery, and home improvement stores all close at hand. Magic Johnson & multiple other parks nearby. Reasonable 20 min drive to LAX or Long Beach airports. Ready for your next investment or in a time crunch on your 1031 exchange? Don't miss out on this great opportunity to invest in a property in central Los Angeles with so much potential!

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1928
  • Stories: 1
  • Living Area: 912 SqFt

Listing Office:

  • Office Name: Angela Weeks, Broker
  • Office Phone: (949) 338-7408
  • Listing Agent: Angela Weeks

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Porch/Covered

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Other

Directions Information:

  • Directions: San Pedro St to 116th go E

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $547/SqFt

Tax Information:

  • Annual Amount: $1,656
  • 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

1346

326 E 116th St vs Los Angeles

57 DAYS ON ROCKET

+19 Days

$499,000

-$522.5K Less

$547/SqFt

-$93 Less

KEY TAKEAWAY

This property is $522.5K less than the Median Sold Price and $93/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Fresno Multiple Listing System
  • MLS Number: #620200

Listing Office:

  • Office Name: Angela Weeks, Broker
  • Office Phone: (949) 338-7408
  • Listing Agent: Angela Weeks

Based on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS). 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. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
interested in purchasing.

Copyright 2024 Fresno Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,656$102,605
2020$1,611$101,553
2019$1,537$99,562
2018$1,503$97,611
2017$1,503$95,698

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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NMLS#3030

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-997051
4
/10

  • 118th Street Elementary

  • 144 E 118th St

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-997052
5
/10

  • 116th Street Elementary

  • 11610 Stanford Ave

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-997053
5
/10

  • 122nd Street Elementary

  • 405 E 122nd St

  • 0.51 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 $39,071. The majority of Los Angeles, CA residents have income between $35k-100k annually. Most families are single, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 326 E 116th St

What is the listing price of this property?

The listing price of 326 E 116th St property is $499,000.

What type of property is this?

The property 326 E 116th St is a house located in Los Angeles, California, 90061.

Is this property for sale now?

Active Listing: 326 E 116th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,656 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 326 E 116th St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 326 E 116th St is 912 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 326 E 116th St is 1928.

Rocket Homes›California›Los Angeles County›Los Angeles›90061›326 E 116th St

This home is located at 326 E 116th St in Los Angeles, CA and zip code 90061 in the Green Meadows neighborhood. This 912 square foot home, which was built in 1928, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $499,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

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

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