116 ELLITA Place, Los Angeles, CA 90042

$699,000
4
BD
2
BA
1,386
SqFt

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List Price
$699,000
Status
PENDING
MLS#
AR26109684
Year Built
1907
Bedrooms
4
Bathrooms
2
Living Sq. Ft
1,386
Lot Size
3,010
Acres
0.07
Lot Location
Corner Lot
Days on Market
23
Property Type
Single Family Residential
Style
Craftsman
Property Sub Type
Duplex
Stories
One Level

Property Description

WELCOME TO HIGHLAND PARK — AN INCREDIBLE OPPORTUNITY TO OWN TWO HOMES ON ONE LOT IN ONE OF LOS ANGELES’ HOTTEST NEIGHBORHOODS. THIS UNIQUE PROPERTY FEATURES TWO CHARMING CRAFTSMAN-STYLE HOMES, EACH WITH 2 BEDROOMS AND 1 BATHROOM, TOTALING 1,386 SQ FT (693 SQ FT EACH). BOTH HOMES FEATURE HIGH CEILINGS AND CLASSIC CHARACTER THROUGHOUT UNITS 116 - 120. IDEALLY LOCATED JUST OFF FIGUEROA STREET, YOU’LL BE IN THE HEART OF HIGHLAND PARK’S VIBRANT DINING, SHOPPING, CAFÉ, AND NIGHTLIFE SCENE. CONVENIENTLY SITUATED JUST ONE BLOCK FROM THE METRO GOLD LINE, THIS LOCATION OFFERS EASY ACCESS TO DOWNTOWN LOS ANGELES AND SURROUNDING NEIGHBORHOODS. BOTH UNITS ARE CURRENTLY TENANT-OCCUPIED, MAKING THIS AN EXCELLENT INCOME-PRODUCING PROPERTY WITH STRONG RENTAL DEMAND. LIVE IN ONE AND RENT OUT THE OTHER, OR CONTINUE OPERATING BOTH AS INVESTMENT RENTALS. HIGHLAND PARK CONTINUES TO EXPERIENCE SIGNIFICANT GROWTH AND REVITALIZATION, DRIVEN BY ITS PRIME LOCATION NEAR DOWNTOWN LA AND NEIGHBORING COMMUNITIES. RECOGNIZED BY REDFIN AS ONE OF THE TOP UP-AND-COMING NEIGHBORHOODS IN THE U.S., THIS IS AN OUTSTANDING OPPORTUNITY FOR BOTH INVESTORS AND OWNER-USERS ALIKE. PROPERTIES ARE IN AVERAGE CONDITION. STREET PARKING ONLY.

Additional Information

Appliances
Electric Range
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Exterior Construction
Wood Siding
Patio
Concrete, Front Porch, Open, Patio
Roof
Composition
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified
Interior Features
Built-in Features, Balcony, Crown Molding, Cathedral Ceiling(s), High Ceilings, Laminate Counters, Pantry, All Bedrooms Down
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Nicola Speranta (nsperanta@gmail.com) from Listing Office: Compass.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.