116 ELLITA Place

About this residence

WELCOME TO HIGHLAND PARK — AN INCREDIBLE OPPORTUNITY TO OWN TWO HOMES ON ONE LOT IN ONE OF LOS ANGELES’ HOTTEST NEIGHBORHOODS. THIS UNIQUE PROPERTY FEATURES TWO CHARMING CRAFTSMAN-STYLE HOMES, EACH WITH 2 BEDROOMS AND 1 BATHROOM, TOTALING 1,386 SQ FT (693 SQ FT EACH). BOTH HOMES FEATURE HIGH CEILINGS AND CLASSIC CHARACTER THROUGHOUT UNITS 116 - 120. IDEALLY LOCATED JUST OFF FIGUEROA STREET, YOU’LL BE IN THE HEART OF HIGHLAND PARK’S VIBRANT DINING, SHOPPING, CAFÉ, AND NIGHTLIFE SCENE. CONVENIENTLY SITUATED JUST ONE BLOCK FROM THE METRO GOLD LINE, THIS LOCATION OFFERS EASY ACCESS TO DOWNTOWN LOS ANGELES AND SURROUNDING NEIGHBORHOODS. BOTH UNITS ARE CURRENTLY TENANT-OCCUPIED, MAKING THIS AN EXCELLENT INCOME-PRODUCING PROPERTY WITH STRONG RENTAL DEMAND. LIVE IN ONE AND RENT OUT THE OTHER, OR CONTINUE OPERATING BOTH AS INVESTMENT RENTALS. HIGHLAND PARK CONTINUES TO EXPERIENCE SIGNIFICANT GROWTH AND REVITALIZATION, DRIVEN BY ITS PRIME LOCATION NEAR DOWNTOWN LA AND NEIGHBORING COMMUNITIES. RECOGNIZED BY REDFIN AS ONE OF THE TOP UP-AND-COMING NEIGHBORHOODS IN THE U.S., THIS IS AN OUTSTANDING OPPORTUNITY FOR BOTH INVESTORS AND OWNER-USERS ALIKE. PROPERTIES ARE IN AVERAGE CONDITION. STREET PARKING ONLY.

Features & finishes

• BuiltInFeatures,Balcony,CrownMolding,CathedralCeilings,HighCeilings,LaminateCounters,Pantry,AllBedroomsDown

Property details

Status

For Sale

Property type

Single-Family Home

Price per sq ft

$504/sq ft

Days on market

0 days

Year built

1907

HOA fee

$0/mo

View

None

Parking

0 spaces

Furnished

No

Waterfront

No

MLS number

AR26109684

Location & neighborhood

116 ELLITA Place, Los Angeles, CA 90042

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