1231 E 119th Street
Los Angeles, CA, 90059
$899,900
MLS: SB26083111
Beds
4
Baths
2
Sq Ft
1,686
Lot
0.39 ac
Year Built
1946
MLS #
SB26083111
Days on Market
1
Listed
Apr 17, 2026
Description
OVER 17,000 SQUARE FEET FLAT LOT FOR DEVELOPEMENT WITH AN INCOME PRODUCING DUPLEX...........GREAT OPPORTUNITY FOR A BUILDER, CONTRACTOR, DEVELOPER, INVESTOR OR OWNER USER THAT IS ACTIVELY SEARCHING FOR FOR AN INVESTMENT INCOME PRODUCING PROPERTY THAT IS SITUATED ON A LARGE FLAT LOT WITH ROOM TO ADD ADDITIONAL UNITS AND ADUs. BRING YOUR TRUCKS, TRAILERS, COMPANY EQUIPMENT, BOATS, CAMPERS AND RVs. THERE IS ROOM TO STORE THEM. THIS PROPERTY HAS A LOT SIZE OF OVER...........17,000 SQUARE FEET .........AND INCLUDES AN INCOME PRODUCING DUPLEX THAT CONSISTS OF TWO, 2 BEDROOMS, 1 BATHROOM UNITS, A 2 CAR DETACHED GARAGE WITH LONG DRIVEWAY. PROPERTY IS LOCATED WITHIN THE LOS ANGELES UNINCORPORATED AREA OF LOS ANGELES. THE 2 CAR GARAGE MAY HAVE THE POTENTIAL TO BE CONVERTED TO AN ADU. THE LONG DRIVEWAY CAN PROVIDE ADDITIONAL OFF STREET PARKING IF THE 2 CAR DETACHED GARAGE IS CONVERTED TO AN ADU. THE OWNER OCCUPANT WILL DELIVER 1 UNIT VACANT AT CLOSE OF ESCROW . THE TENANT OCCUPIED UNIT IS ON A MONTH TO MONTH RENTAL AND WILL REMAIN IN PROPERTY AT CLOSE OF ESCROW. THE PROPERTY HAS STREET ACCESS IN THE FRONT AND PARTIAL STREET ACCESS IN REAR OF THE PROPERTY. THIS IS A GREAT FEATURE FOR FUTURE CONSTRUCTION ACCESS. THIS IS AN EXCELLENT INVESTMENT AND CONSTRUCTION OPPORTUNITY FOR AN INVESTOR WITH VISION AND FORE SIGHT. PLEASE SEE THE SUPPLEMENTS FOR AN AERIAL PHOTOGRAPH OF THE PROPERTY AND PROPERTY PLAT MAP....LOT #9.... ALSO INCLUDED WITHIN THE SUPPLEMENTS IS THE LOS ANGELES COUNTY DEPARTMENT OF PLANNING CONTACT INFORMATION AND ADU CONSTRUCTION SUMMARY. PROPERTY IS LOCATED CLOSE TO CHURCHES, FREEWAYS, PARKS, SCHOOLS AND SHOPPING.
Location
Los Angeles, Los Angeles County, CA 90059
Open on Google Maps ↗Listed by: Dwight Heard · Heard Real Estate Company, Inc.
Payment estimate
$6,551
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $89,990 · Loan: $809,910
- Principal & Interest
- $4,976
- Property tax (1.25%)
- $937
- Homeowners insurance
- $300
- Mortgage insurance
- $337
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $31,497 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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