#PW25007019, Josephine Velasco, Listing Office: Berkshire Hathaway HomeServices California Properties

326 E 116th St Los Angeles, CA 90061
Property details
About 326 E 116th St
Charming single-family home is a fantastic investment opportunity with a generous lot size of 6,289 sq ft, providing ample outdoor space, with mature trees & plenty of shade! The home itself is a cozy 912 sq ft and features 2 bedrooms plus 1 bathroom. Tax records say 3 bds; there is a detached room with lots of deferred maintenance and potential in the back yard. With LAR2 "two family" zoning... you can think big & decide to build another unit &/or an ADU. Located in the heart of Los Angeles, this property is surrounded by a variety of local amenities, and is not RSO. It’s conveniently close to the 105 & 110 freeways, making commuting a breeze. Restaurants, grocery, and home improvement stores all close at hand. Magic Johnson & multiple other parks nearby. Reasonable 20 min drive to LAX or Long Beach airports. Ready for your next investment or in a time crunch on your 1031 exchange? Don’t miss out on this great opportunity to invest in a property in central Los Angeles with so much potential!
Highlights
Summary
- MLS Number: OC24198015
- MLS Name: CRMLS
- Office Name: First Team Real Estate
- Office Phone: (949) 338-7408
- Listing Agent: Angie Weeks
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: 2/22/2025, 9:20:51 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

$499,000
326 E 116th St
$5,926
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $108,883 | $1,777 |
2023 | $106,749 | $1,748 |
2022 | $104,656 | $1,680 |
2021 | $102,605 | $1,656 |
2020 | $101,553 | $1,611 |
2019 | $99,562 | $1,537 |
2018 | $97,611 | $1,502 |
2017 | $95,698 | $1,502 |
History based on county public records data.
Nearby schools
4
118th Street Elementary
Public District KG-5
0.3 mi
•144 E 118th St
5
116th Street Elementary
Public District KG-5
0.4 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 $39,071. The majority of Los Angeles, CA residents have income between $35k-100k annually. Most families are single, with kids. Residents of this area typically have high school diploma education.
Similar homes for sale
Frequently asked questions
About 326 E 116th St
This home is located at 326 E 116th St in Los Angeles, CA and zip code 90061 in the Green Meadows neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $499,000.
Los Angeles, CA housing market in January 2025 saw over 294 listings sold above listed price, more than 161 sold at listed price and over 545 sold below. The number of homes for sale in Los Angeles, CA increased by 20.1% between December and January 2025. In January 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $1,035,435.