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Key Details
Sold Price $620,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,096 sqft
Price per Sqft $565
MLS Listing ID SW24183887
Sold Date 10/11/24
Bedrooms 3
Full Baths 1
Construction Status Fixer,Repairs Cosmetic
HOA Y/N No
Year Built 1942
Lot Size 6,168 Sqft
Property Description
Welcome to 550 W 118th St, a 3 bedroom, 1 bathroom single family residence located in the heart of Los Angeles. This charming home boasts incredible potential, with many of its original features still intact, including beautiful hardwood floors that add character to the space. Additionally, the property includes a detached studio/ ADU in the backyard, complete with a full bathroom perfect for guests, additional rental income, or as a private workspace. The large lot offers RV access and ample parking, providing flexibility for additional vehicles or outdoor projects. While this home is a fixer and will be sold as is, it offers tremendous opportunity for the right buyer. Its prime location near the 105 and 110 freeways allows for easy access to SoFi Stadium, LAX, the Kia Forum, and the upcoming Intuit Dome. With some TLC, this property could become a dream home in an increasingly desirable area. Don’t miss out on this incredible opportunity!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR1
Rooms
Other Rooms Shed(s)
Main Level Bedrooms 3
Interior
Interior Features Ceiling Fan(s), Separate/Formal Dining Room, Tile Counters, Unfurnished, All Bedrooms Down
Heating Central
Cooling None
Flooring Tile, Wood
Fireplaces Type Family Room, Gas
Equipment Satellite Dish
Fireplace Yes
Appliance Gas Water Heater
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Exterior Feature TV Antenna
Garage Driveway, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Chain Link, Fair Condition, Wood, Wrought Iron
Pool None
Community Features Curbs, Street Lights
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Flat Tile
Accessibility Safe Emergency Egress from Home, No Stairs, Parking
Porch Front Porch, Patio
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre, Back Yard, Paved, Rectangular Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Cottage
Level or Stories One
Additional Building Shed(s)
New Construction No
Construction Status Fixer,Repairs Cosmetic
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 6088025003
Security Features Window Bars
Acceptable Financing Cash, Conventional, Submit
Listing Terms Cash, Conventional, Submit
Financing Conventional
Special Listing Condition Trust
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Bought with Ken Wei • Kenneth Wei, Broker
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