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 room—perfect 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, it’s the ultimate space for outdoor gatherings and weekend BBQs.
The kitchen features a convenient layout and is connected to an in-home laundry area—no 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!
Under contract
Listing Provided by:
Denise Waters DRE #01027990 310-614-7669,
Realty Executives All Cities
Price cut: $51K (4/26)
$799,000
242 E 116th St, Los Angeles, CA 90061
--beds
--baths
1,858sqft
Est.:
Duplex
Built in 1949
-- sqft lot
$822,200 Zestimate®
$430/sqft
$-- HOA
What's special
Dedicated workspaceBrand-new carpetingSpacious backyard oasisConvenient layoutCovered patioBonus roomIn-home laundry area
- 34 days
- on Zillow |
- 60 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: May 04, 2025 at 07:18am
Listing Provided by:
Denise Waters DRE #01027990 310-614-7669,
Realty Executives All Cities
Source: CRMLS,MLS#: RS25075322
Originating MLS: California Regional MLS

Travel times
Facts & features
Interior
Rooms
- Room types: Bonus Room, Kitchen, Laundry, Primary Bedroom
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Range, Gas Water Heater, Refrigerator, Dryer, Washer
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s), Tile Counters, Galley Kitchen, Primary Suite
- Flooring: Carpet, Tile
- Windows: Blinds
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,858
- Total interior livable area: 1,858 sqft
Property
Parking
- Total spaces: 5
- Parking features: Concrete, Driveway
- Uncovered spaces: 5
Accessibility
- Accessibility features: Safe Emergency Egress from Home, Accessible Doors
Features
- Levels: One
- Stories: 1
- Entry location: Front & Side
- Pool features: None
- Spa features: None
- Fencing: Block,Chain Link,Vinyl
- Has view: Yes
- View description: None
Lot
- Size: 5,882 Square Feet
- Dimensions: 41 x 140
- Features: Back Yard, Front Yard, Lawn
Details
- Additional structures: Shed(s)
- Parcel number: 6083009005
- Zoning: LAR2
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Raised
- Roof: Asphalt
Condition
- Turnkey
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Urban
- Security: Window Bars
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $430/sqft
- Tax assessed value: $501,978
- Annual tax amount: $6,543
- Date on market: 4/10/2025
- Listing terms: Cash to New Loan,Conventional,FHA,Submit,VA Loan
- Inclusions: Shed Closest to the house and on east side of house, Front Unit: Refrigerator, Stove, Washer, Dryer
- Exclusions: Car Canopy, Patio Furniture, Shed farthest from the house, Rear Unit: Refrigerator, Stove
- Total actual rent: 1800
- Tenant pays: Electricity, Gas
- Road surface type: Paved
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