242 E 116th Street
Los Angeles, CA 90061 • 4 Bed • 3 Bath • 1,858 sq.ft.

Property summary

Perfect for Entertaining and Investment! Live in the front house and rent out the back unit. Or, two families can buy it together. 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. The property has 2 electric meters, 2 gas meters and 1 water meter. This is a smart investment with style, comfort, and flexibility built right in!

Days on market: 6

Listing updated: May 01, 2025 - 02:07:05

Property details

Property ID
RS25086730
Size
1858 sq.ft.
Home Type
Residential
Year Built
1949
Property Size
0.135 acre
Garage
0
Levels
1
Spa
None
Patio
No
Basement
No
View
None
Pool
None

Listed by: Denise Waters DRE #01027990 562-925-1111, Realty Executives All Cities - Rancho-Southeast

Source: Rancho-Southeast, MLS#: REAC Originating MLS: CRMLS

Interior information

Rooms
Bonus Room, Kitchen, Laundry, Primary Bedroom
Bathrooms
3
Kitchen
Gas Range, Gas Water Heater, Refrigerator, Dryer, Washer
Cooling
None
Heating
Wall Furnace
Flooring
Carpet, Tile
Laundry
Inside, Laundry Room
$799,000
Property price
Make an offer
Open house
Date
TBA
Time
TBA
Mortgage estimator
Est.: $3,196/mo
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Working hours: Monday to Friday 9:00am - 6:00pm (PST)

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-02 15:20:16 PST 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. Properties may or may not be listed by the office/agent presenting the information.

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