D
Seller's Agent in 2025
Denise Waters
Realty Executives
(310) 614-7669
1 in this area
13 Total Sales
242 E 116th St Los Angeles, CA 90061
Broadway-Manchester NeighborhoodEstimated Value: $797,000 - $878,000
4
Beds
3
Baths
1,858
Sq Ft
$453/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Lawn
- Galley Kitchen
- Bonus Room
- No HOA
- Tile Countertops
About This Home
As of June 2025Perfect 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!
Last Agent to Sell the Property
Realty Executives All Cities Brokerage Phone: 310-614-7669 License #01027990 Listed on: 04/10/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 5,882 Sq Ft Lot
- Lot Dimensions are 41x140
- 1 Common Wall
- Vinyl Fence
- Block Wall Fence
- Chain Link Fence
- Lawn
- Back and Front Yard
Home Design
- Duplex
- Turnkey
- Raised Foundation
- Asphalt Roof
- Partial Copper Plumbing
- Stucco
Interior Spaces
- 1,858 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Blinds
- Living Room with Fireplace
- Bonus Room
- Window Bars
Kitchen
- Galley Kitchen
- Gas Range
- Tile Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- 3 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Parking Available
- Driveway
- Paved Parking
Accessible Home Design
- Doors swing in
- More Than Two Accessible Exits
Utilities
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Shed
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 95
- Tax Tract Number 3598
- Assessor Parcel Number 6083009005
- $601 per year additional tax assessments
- Seller Considering Concessions
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 $2,000
- Trash Expense $600
- Water Sewer Expense $1,200
- Operating Expense $3,800
- Gross Income $58,800
- Net Operating Income $62,200
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2025
Closed on
Jun 15, 2025
Sold by
Bought by
Seller's Agent
Denise Waters
Realty Executives All Cities
Buyer's Agent
Jenny Segovia
Segovia Real Estate Group
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,405
Avg. Annual Appreciation
5.53%
Original Mortgage
$763,280
Outstanding Balance
$755,238
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$87,167
Purchase Details
Closed on
Oct 6, 2021
Sold by
Bought by
Purchase Details
Closed on
May 2, 2020
Sold by
Bought by
Purchase Details
Closed on
May 3, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,849
Interest Rate
3.94%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 24, 2015
Sold by
Bought by
Purchase Details
Closed on
Feb 15, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 2, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.15%
Purchase Details
Closed on
Jul 18, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.15%
Purchase Details
Closed on
Sep 22, 2000
Sold by
Bought by
Purchase Details
Closed on
Jul 25, 1996
Sold by
Bought by
Purchase Details
Closed on
Jun 29, 1996
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $800,000 | California Best Title | ||
| -- | Placer Title | ||
| -- | None Available | ||
| $450,000 | Old Republic Title Company | ||
| -- | None Available | ||
| -- | Financial Title | ||
| -- | Financial Title | ||
| -- | United Title | ||
| -- | United Title Company | ||
| -- | -- | ||
| -- | -- | ||
| $22,877 | American Title Ins Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $763,280 | ||
| Previous Owner | $441,849 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $98,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $800,000 | +0.1% | $431 / Sq Ft | |
| 04/28/2025 04/28/25 | Pending | -- | -- | -- | |
| 04/25/2025 04/25/25 | Price Changed | $799,000 | -6.0% | $430 / Sq Ft | |
| 04/10/2025 04/10/25 | For Sale | $850,000 | +88.9% | $457 / Sq Ft | |
| 07/13/2017 07/13/17 | Sold | $450,000 | +2.3% | $243 / Sq Ft | View Prior Sale |
| 04/27/2017 04/27/17 | Pending | -- | -- | -- | |
| 04/15/2017 04/15/17 | For Sale | $440,000 | -- | $238 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,646 | $512,017 | $284,454 | $227,563 |
| 2024 | $6,543 | $501,978 | $278,877 | $223,101 |
| 2023 | $6,420 | $492,136 | $273,409 | $218,727 |
| 2022 | $6,133 | $482,488 | $268,049 | $214,439 |
| 2021 | $6,050 | $473,029 | $262,794 | $210,235 |
| 2019 | $5,872 | $459,000 | $255,000 | $204,000 |
| 2018 | $5,759 | $450,000 | $250,000 | $200,000 |
| 2016 | $3,161 | $230,246 | $85,293 | $144,953 |
| 2015 | $3,114 | $226,788 | $84,012 | $142,776 |
| 2014 | $2,683 | $189,077 | $82,367 | $106,710 |
Source: Public Records
Agents Affiliated with this Home
-
Denise Waters
-
Jenny Segovia
Buyer's Agent in 2025
Jenny Segovia
Segovia Real Estate Group
(424) 395-4841
3 in this area
233 Total Sales
-
Michael Johnson
Seller's Agent in 2017
Michael Johnson
Realty Executives
(310) 968-6583
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS25075322
APN: 6083-009-005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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