136 E 118th Place Los Angeles, CA 90061
Broadway-Manchester NeighborhoodEstimated payment $4,946/month
Total Views
1,097
6
Beds
2
Baths
1,564
Sq Ft
$486
Price per Sq Ft
Highlights
- Very Popular Property
- Laundry Room
- Back Yard
- No HOA
- Rectangular Lot
- 1-Story Property
About This Home
Incredible Investment Opportunity in Prime Los Angeles Location!
A fantastic chance for investors or owner-occupants—live in one unit and rent out the other to offset your mortgage! This duplex features two spacious 3-bedroom, 1-bath units, each thoughtfully designed with an open-concept layout that connects the living room, dining area, and kitchen for a bright, airy feel.
Both units are single-story and share a common wall, offering a comfortable layout with separate gas and electric meters. Each unit includes in-unit laundry hookups, ideal for tenant convenience and added rental value.
The property offers ample parking, with space for up to seven vehicles at the rear plus a long driveway—a rare find in Los Angeles. Situated on a generous lot, the property also presents the potential to build an ADU at the rear (buyer to verify), making it an excellent opportunity for added income or multi-generational living.
Located in one of Los Angeles’ most desirable residential neighborhoods, this property is surrounded by ongoing development and long-term growth potential. Whether you’re a seasoned investor or looking for a smart way to begin building wealth through real estate, this property checks all the boxes.
Don’t miss your chance to own a versatile income-generating property in a growing area—schedule your showing today!
Listing Agent
Keller Williams Pacific Estates Brokerage Phone: 562-457-9490 License #01959832 Listed on: 07/31/2025
Co-Listing Agent
Keller Williams Pacific Estate Brokerage Phone: 562-457-9490 License #01989243
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,987
Year Built
- Built in 1924
Lot Details
- 6,260 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
- Back Yard
Home Design
- Duplex
Interior Spaces
- 1,564 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Parking
- 6 Open Parking Spaces
- 7 Parking Spaces
- 1 Carport Space
- Parking Available
- Driveway
Listing and Financial Details
- Tax Lot 56
- Tax Tract Number 3287
- Assessor Parcel Number 6083025007
- $591 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 1 Leased Unit
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Trash Expense $600
- Water Sewer Expense $1,800
- Operating Expense $3,600
- Gross Income $34,872
- Net Operating Income $31,272
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,987 | $712,674 | $520,200 | $192,474 |
| 2024 | $8,987 | $698,700 | $510,000 | $188,700 |
| 2023 | $6,892 | $524,535 | $367,911 | $156,624 |
| 2022 | $6,585 | $514,251 | $360,698 | $153,553 |
| 2021 | $6,501 | $504,169 | $353,626 | $150,543 |
| 2020 | $4,586 | $341,462 | $158,956 | $182,506 |
| 2019 | $4,416 | $334,768 | $155,840 | $178,928 |
| 2018 | $4,294 | $328,205 | $152,785 | $175,420 |
| 2016 | $4,090 | $315,462 | $146,853 | $168,609 |
| 2015 | $4,028 | $310,725 | $144,648 | $166,077 |
| 2014 | $4,045 | $304,639 | $141,815 | $162,824 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | For Sale | $759,900 | +10.9% | $486 / Sq Ft |
| 05/31/2023 05/31/23 | Sold | $685,000 | +1.5% | $438 / Sq Ft |
| 04/22/2023 04/22/23 | Pending | -- | -- | -- |
| 03/31/2023 03/31/23 | For Sale | $675,000 | -1.5% | $432 / Sq Ft |
| 03/14/2023 03/14/23 | Pending | -- | -- | -- |
| 03/09/2023 03/09/23 | Off Market | $685,000 | -- | -- |
| 02/06/2020 02/06/20 | Sold | $499,000 | 0.0% | $319 / Sq Ft |
| 12/16/2019 12/16/19 | Pending | -- | -- | -- |
| 10/17/2019 10/17/19 | For Sale | $499,000 | -- | $319 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $685,000 | Socal Title Company | |
| Grant Deed | $499,000 | Ticor Ttl Orange Cnty Branch | |
| Grant Deed | $290,000 | Ticor Title Orange Branch | |
| Grant Deed | $529,000 | Ortc | |
| Interfamily Deed Transfer | -- | Alliance Title Company | |
| Grant Deed | $285,000 | Alliance Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $154,086 | FHA | |
| Open | $672,592 | FHA | |
| Previous Owner | $424,150 | New Conventional | |
| Previous Owner | $282,078 | FHA | |
| Previous Owner | $286,222 | FHA | |
| Previous Owner | $396,750 | Fannie Mae Freddie Mac | |
| Previous Owner | $404,000 | Stand Alone First |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25172290
APN: 6083-025-007
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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