2366 E 119th, Los Angeles, California 90059, Los Angeles, 90059 - 6 bed, 3 bath
ACTIVE$950,000
2366 E 119th, Los Angeles, California 90059
6Beds
3Baths
3,515Sqft
11,924Lot
Year Built
1926
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$270
HOA
-
Days on market
-
Sold On
-
MLS number
JT25271760
Home ConditionPoor
Features
View-
About this home
We found 4 Cons,5 Pros. Rank: price - $950.0K(67th), sqft - 3515(58th), beds - 6(75th), baths - 3(75th).
PROPERTY SOLD AS-IS, WHERE-IS CONDITION. BUYER AND BUYERS AGENTS TO DO THEIR OWN DUE DILIGENCY AND INVESTIGATION. SELLER & SELLERS AGENTS DO NOT MAKE ANY PROMISE OR GUARANTEES ON SIZE, ZONING, BUILDING & SAFETY OR CITY. CASH BUYERS ONLY.
Price History
Date
Event
Price
12/05/25
Listing
$950,000
03/05/25
Sold
$500,000
Condition Rating
Poor
Built in 1926, this property is nearly a century old and is explicitly listed 'AS-IS, WHERE-IS' for 'CASH BUYERS ONLY,' indicating significant deferred maintenance and the need for substantial repairs. The exterior images show visible signs of neglect, and without interior photos, the 'Advanced Age of Property' suggests that major systems (plumbing, electrical, HVAC, roof) and interior components like kitchens and bathrooms likely require extensive and costly updates to meet modern standards and safety codes. The lack of seller guarantees further reinforces the expectation of significant defects.
Pros & Cons
Pros
Income-Generating Potential: As a duplex property in Los Angeles, it offers clear potential for rental income from two separate units, appealing to investors.
Generous Lot Size: The substantial 11,924 sqft lot provides ample outdoor space, potential for expansion, or the addition of an Accessory Dwelling Unit (ADU), a significant asset in urban Los Angeles.
Substantial Living Space: With 3,515 sqft, 6 bedrooms, and 3 bathrooms, the property offers considerable interior space, suitable for multiple tenants or a large family.
Prime Los Angeles Location: Situated in Los Angeles, the property benefits from a highly desirable market with strong rental demand and long-term appreciation prospects.
Architectural Character: Built in 1926, the property may possess historic charm and unique architectural details, appealing to buyers interested in character homes.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-03-05. The sold price is $500,000.00.
As-Is, Where-Is & Cash-Only Sale: This is a critical limitation, indicating potential significant undisclosed issues, requiring substantial capital for repairs/renovations, and restricting the buyer pool to cash investors only.
Advanced Age of Property: An almost century-old property (1926) likely requires extensive and costly updates to major systems (plumbing, electrical, HVAC, roof) to meet modern standards and safety codes.
Lack of Seller Guarantees: The explicit disclaimer regarding size, zoning, building & safety, and city compliance places full investigative burden and risk on the buyer, suggesting potential non-conforming issues or legal complications.