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116 Ellita Place, Los Angeles, CA 90042

$699,000
  • 116 Ellita Place, Los Angeles, CA 90042 Main Photo

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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,386 MLS#AR26109684
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLLos Angeles Unified

Listing Courtesy of: Compass
Agency Phone: 626-696-4800
Associate Name: Nicola Speranta
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Listing Shown by: Farrell Smyth, Inc.
Agency Phone: 805-543-2172


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, YOULL BE IN THE HEART OF HIGHLAND PARKS VIBRANT DINING, SHOPPING, CAF??, 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.

116 Ellita Place | MLS# AR26109684

This multi-family property located at 116 Ellita Place, Los Angeles, CA 90042 is currently listed for sale with an asking price of $699,000. Ellita Place is located within the Los Angeles Unified school district. Search Los Angeles real estate on www.farrellsmyth.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Wall Furnace
Home Style: Craftsman
Lot Size: 0.07 Acres
Roof Type: Composition
Stories: 1.0
Year Built: 1907

Amenities

Built-in Features
Balcony
Crown Molding
Cathedral Ceiling(s)
High Ceilings
Laminate Counters
Pantry
All Bedrooms Down

Feature Descriptions

Appliances: Electric Range
Community Features: Curbs, Gutter(s), Street Lights, Sidewalks, Urban
Days on Site: 3
Exterior: Wood Siding
Fencing: Average Condition
Fireplace: None
Flooring: Carpet, Tile, Vinyl
Laundry: Washer Hookup
Lot: Corner Lot
Parcel#: 5468017010
Parking: On Street
Parking Notes: On Street
Patio/Porch: Concrete, Front Porch, Open, Patio
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Spa: None
Units: 2
Utilities: Electricity Available, Sewer Available, Water Available
Water: Public

Local Schools

School District: Los Angeles Unified

Listed By / Shown By

Listed By

Agency Name: Compass
Agent Name: Nicola Speranta
Agency Phone: 626-696-4800

Shown By

Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172

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Estimate Your Payment

Estimated Payment

$ 1,759.55 per month $1,555.67 Principal & Interest $0.00 Property Tax (data not provided by mls) $203.88 Homeowner's Insurance

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