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!
MLS #
CRRS25075322
MLS Source
California Regional MLS
Appliances
Other, Oven Range - Gas, Refrigerator, Dryer, Washer
Cooling
None
Heating
Wall Furnace
Foundation
Raised
Pool
None
Garage/Parking
Other, Garage: 0 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 1 | 2 |
242 E 116th St is a Duplex in Los Angeles, CA 90061. This – square foot property sits on a 5,882 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $800,000 and was built in 1949.
This address can also be written as 242 E 116th St, Los Angeles, CA 90061.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 01, 2025. For the most current information, please contact Denise Waters, (310) 614-7669