$1,150,000
SOLD JUL 25, 2025
10 Beds
6 Baths
3,522 Sq Ft
5,602 Sq Ft Lot

Recently Sold

$327 Per Sq Ft

16 Days on Market

About This Home

As of July 2025

Welcome to 202/204 E 116th St, Los Angeles, CA 90061—a beautifully constructed duplex offering modern living, excellent rental income potential, and future development opportunities. Built in 2020, this turnkey property features two spacious units, each with 5 bedrooms and 3 bathrooms, designed for both comfort and versatility.

Each unit offers a contemporary open-concept floor plan spread over two levels. The main floor includes a convenient bedroom and full bath—ideal for guests or those seeking single-level access—while the upper floor features four additional bedrooms, creating separation and privacy for residents.

Currently, one unit is tenant-occupied, providing immediate rental income, while the second unit is available for an owner-occupant or additional rental opportunities. Whether you’re looking to live in one and rent the other, or fully lease both units, this property adapts to your investment goals.

Zoned LAR2, the lot presents future potential for expansion or creative development projects. A two-car garage and plenty of extra parking add valuable convenience.

Location Highlights include easy access to I-105 and I-110 for a smooth commute across Los Angeles. This property is also close to shopping, dining, parks (including Morrison Park & South Park), and local schools- all within in a vibrant and growing neighborhood with strong rental demand.

Whether you’re an investor looking for a high-performing asset or a homeowner seeking a flexible living arrangement, 202/204 E 116th St is an exceptional opportunity in one of L.A.’s up-and-coming areas.

Don’t miss your chance—schedule a private showing today and explore the possibilities!

Last Agent to Sell the Property

Jasmin Lovett

Lovett & Associates, REALTORS License #01856387 Listed on: 05/17/2025

Last Buyer's Agent

Octavio Corona

Mission Group License #01482763

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2020

Lot Details

  • 5,600 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 3,522 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Additional Features

  • Urban Location
  • Water Not Available

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 6478
  • Assessor Parcel Number 6083009015

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $3,500
  • Trash Expense $1,000
  • Operating Expense $4,500
  • Gross Income $3,900
  • Net Operating Income $87,600

Property Details

Home Type

Multi-Family

Year Built

Built in 2020

Lot Details

5,600 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6083009015
  • Year Built: 2020
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 326.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5600.00
  • Lot Size Acres: 0.1286

Multi Family

  • Gross Income: 3900.00
  • Gross Scheduled Income: 3900.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 5600.0000 Square Feet
  • Net Operating Income: 87600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 6000.00
  • Rent Control: No
  • Total Expenses: 4500.00

Tax Info

  • Tax Lot: 29
  • Tax Tract Number: 6478

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2025
Closed on
Aug 12, 2025
Sold by
Vu Frank Trong and Boi Nham
Bought by
Mj Travel Trailers Llc
Seller's Agent
Jasmin Lovett
Lovett & Associates, REALTORS
Buyer's Agent
Octavio Corona
Mission Group
List Price
$1,150,000
Sold Price
$1,150,000
Views
10
Current Estimated Value
$1,172,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,133
Avg. Annual Appreciation
1.91%
Original Mortgage
$805,000
Outstanding Balance
$802,945
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$361,049

Purchase Details

Listed on
May 17, 2025
Closed on
Jul 24, 2025
Sold by
Rodek Holdings Llc
Bought by
Dekermenjian Rony
Seller's Agent
Jasmin Lovett
Lovett & Associates, REALTORS
Buyer's Agent
Octavio Corona
Mission Group
List Price
$1,150,000
Sold Price
$1,150,000
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Outstanding Balance
$802,945
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$361,049

Purchase Details

Listed on
May 17, 2025
Closed on
Jul 21, 2025
Sold by
Dekermenjian Rony
Bought by
Vu Frank Trong and Vu Boi
Seller's Agent
Jasmin Lovett
Lovett & Associates, REALTORS
Buyer's Agent
Octavio Corona
Mission Group
List Price
$1,150,000
Sold Price
$1,150,000
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Outstanding Balance
$802,945
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$361,049

Purchase Details

Closed on
Apr 22, 2025
Sold by
Dekermenjian Rony
Bought by
Rodek Holdings Llc

Purchase Details

Closed on
Apr 5, 2018
Sold by
Jones George T
Bought by
Rodek Holdinga Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- Wfg National Title
Grant Deed $1,150,000 None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed $867,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $805,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2025 07/25/25 Sold $1,150,000 0.0% $327 / Sq Ft
07/17/2025 07/17/25 Price Changed $1,150,000 0.0% $327 / Sq Ft
07/17/2025 07/17/25 For Sale $1,150,000 0.0% $327 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
05/17/2025 05/17/25 For Sale $1,150,000 -- $327 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,959 $706,246 $278,764 $427,482
2024 $8,959 $692,399 $273,299 $419,100
2023 $8,791 $678,824 $267,941 $410,883
2022 $8,394 $665,515 $262,688 $402,827
2021 $8,275 $652,467 $257,538 $394,929
2020 $3,435 $254,898 $254,898 $0
2019 $3,361 $249,900 $239,700 $10,200
2018 $3,340 $249,900 $224,400 $25,500
2016 $654 $27,492 $13,849 $13,643
2015 $644 $27,080 $13,641 $13,439
2014 $651 $26,550 $13,374 $13,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25110462

California Regional Multiple Listing Service (CRMLS)

APN: 6083-009-015

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