Seller's Agent in 2025
Angela Weeks
First Team Real Estate
(949) 338-7408
1 in this area
40 Total Sales
326 E 116th St Los Angeles, CA 90061
Green Meadows Neighborhood
3
Beds
1
Bath
912
Sq Ft
6,289
Sq Ft Lot
Highlights
- Traditional Architecture
- No HOA
- Living Room
- Private Yard
- Neighborhood Views
- Park
About This Home
As of May 2025Charming single-family home is a fantastic investment opportunity with a generous lot size of 6,289 sq ft, providing ample outdoor space, with mature trees & plenty of shade!The home itself is a cozy 912 sq ft and features 2 bedrooms plus 1 bathroom. Tax records say 3 bds; there is a detached room with lots of deferred maintenance and potential in the back yard. With LAR2 "two family" zoning... you can think big & decide to build another unit &/or an ADU. Located in the heart of Los Angeles, this property is surrounded by a variety of local amenities, and is not RSO. It’s conveniently close to the 105 & 110 freeways, making commuting a breeze. Restaurants, grocery, and home improvement stores all close at hand. Magic Johnson & multiple other parks nearby. Reasonable 20 min drive to LAX or Long Beach airports.Ready for your next investment or in a time crunch on your 1031 exchange? Don’t miss out on this great opportunity to invest in a property in central Los Angeles with so much potential!
Last Agent to Sell the Property
First Team Real Estate Brokerage Phone: 949-338-7408 License #01398537 Listed on: 09/23/2024
Co-Listed By
Realty Brokerage Group Inc Brokerage Phone: 949-338-7408 License #00815366
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,778
Year Built
- Built in 1928
Lot Details
- 6,289 Sq Ft Lot
- Fenced
- Fence is in average condition
- Rectangular Lot
- Level Lot
- Private Yard
- Property is zoned LAR2
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Slab Foundation
- Shingle Roof
- Composition Roof
- Pre-Cast Concrete Construction
- Stucco
Interior Spaces
- 912 Sq Ft Home
- 1-Story Property
- Living Room
- Neighborhood Views
- Carbon Monoxide Detectors
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Parking
- 1 Parking Space
- 1 Attached Carport Space
- Parking Available
- Driveway
Outdoor Features
- Exterior Lighting
- Shed
- Rain Gutters
Utilities
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 91
- Tax Tract Number 3598
- Assessor Parcel Number 6083008015
- $469 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Park
Building Details
- 1 Leased Unit
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
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Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $224,000 | Negative Amortization | |
| Closed | $122,250 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2025 05/05/25 | Sold | $425,000 | -14.8% | $466 / Sq Ft |
| 03/20/2025 03/20/25 | Pending | -- | -- | -- |
| 09/23/2024 09/23/24 | For Sale | $499,000 | -- | $547 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $1,778 | $111,060 | $60,915 | $50,145 |
| 2024 | $1,778 | $108,883 | $59,721 | $49,162 |
| 2023 | $1,749 | $106,749 | $58,550 | $48,199 |
| 2022 | $1,680 | $104,656 | $57,402 | $47,254 |
| 2021 | $1,656 | $102,605 | $56,277 | $46,328 |
| 2019 | $1,612 | $99,562 | $54,608 | $44,954 |
| 2018 | $1,537 | $97,611 | $53,538 | $44,073 |
| 2016 | $1,460 | $93,822 | $51,460 | $42,362 |
| 2015 | $1,439 | $92,414 | $50,688 | $41,726 |
| 2014 | $1,448 | $90,605 | $49,696 | $40,909 |
Source: Public Records
Agents Affiliated with this Home
-
Angela Weeks
-
Jay Dharmasuriya
J
Seller Co-Listing Agent in 2025
Jay Dharmasuriya
Realty Brokerage Group Inc
(310) 851-6700
2 in this area
60 Total Sales
-
Alberto A Romero Meza
Buyer's Agent in 2025
Alberto A Romero Meza
Good Opportunity Company Inc.
(323) 327-3330
1 in this area
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24198015
APN: 6083-008-015
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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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