Backup offers
$8,906 Closing Credit¹
#OC24222110, Shavay Vander, Listing Office: United Real Estate Professionals
#SR25061561·
Listing office: James M. Settle Realty·
Listing agent: James Settle·
Listing office phone: 909-816-2821
$850,000 List price
242 E 116th St Los Angeles, CA 90061
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 242 E 116th St
Beautiful well kept duplex in a great rental area. Live in one and rent the other or investment opportunity. Front unit is a two bedroom, and a bonus room, 2 bath. Large living room with a fireplace. Nice kitchen with adjoining laundry area. Rear unit is 2 bedroom, 1 bath with tenants. Very nice large lot with plenty of parking and covered back area for entertaining. This is a great property with many upgrades and new carpet throughout. Buyer to complete due diligence and verify all permits. Make offers subject to interior inspection.
Highlights
Home typeDuplex
StatusActive
Lot size0.135 Acres
Year built1949
MLS #SR25061561
Garage2 spaces
Summary
- MLS Number: SR25061561
- MLS Name: CRMLS
- Office Name: James M. Settle Realty
- Office Phone: (909) 816-2821
- Listing Agent: James Settle
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 10:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$850,000
242 E 116th St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 12, 2017 | Home Sold | $450,000 |
| Jul 05, 1996 | Home Sold | $22,877 |
| Apr 02, 1990 | Home Sold | $110,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $501,978 | $6,542 |
| 2023 | $492,136 | $6,419 |
| 2022 | $482,488 | $6,132 |
| 2021 | $473,029 | $6,050 |
| 2020 | $468,180 | $5,871 |
| 2019 | $459,000 | $5,758 |
| 2018 | $450,000 | $3,252 |
| 2017 | $234,850 | $3,252 |
History based on county public records data.
Nearby schools
4
118th Street Elementary
Public District KG-5
0.2 mi
•144 E 118th St
5
116th Street Elementary
Public District KG-5
0.5 mi
•11610 Stanford Ave
5
122nd Street Elementary
Public District KG-5
0.5 mi
•405 E 122nd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,662. Most Los Angeles, CA residents have annual incomes less than $<35k. The majority of families are single, with kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
46%
<35k
46%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
30%
Single, No Kids
37%
Single, with Kids
9%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
14%
12-17 yrs old
26%
18-34 yrs old
32%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 242 E 116th St in Los Angeles, CA and zip code 90061 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $850,000.
Over 302 listings were sold over their listed price in March 2025 in Los Angeles, CA. In the same period over 322 listings were sold below the listed price and 116 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between February and March 2025 increased by 13.7%. Listings spent 39 days on the market in March 2025, and had a median list price of $940,937 during the same period.
From Rocket Homes Real Estate and based on county public records data.