1219 E 119th Street, Los Angeles, California 90059, Los Angeles, 90059 - 0 bed, 0 bath
Loading property details...
1219 E 119th Street
Los Angeles, California 90059
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,592Sq Ft
9,769Lot Size
Property Price
LIST PRICE$850,000
EST. MARKET VALUE
$810,448
4% AboveMARKET VALUE
SUMMARY
This triplex presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned above the $810,449 Fair Market Value. While the property currently trades at a premium, the 9,769 sq ft lot and three detached garages offer significant value-add potential through ADU development. Featuring a Fair Condition Rating, the asset provides stable income via three 3-bedroom units with separate metering. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers focused on long-term rental growth and density expansion.
Estimated Market Value
$810,448
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1219 E 119th Street Subject 0 bd · 0 ba · 2,592 sqft · $313 | $850,000* List Price | 0 | 0 | 2,592 | $313 | - |
A 10929 Compton Avenue Sold 0 bd · 0 ba · 2,480 sqft · $323 · 0.8 mi | $800,000 | 0 | 0 | 2,480 | $323 | 0.8 mi |
B 1553 E 110th Sold 5 bd · 3 ba · 2,211 sqft · $380 · 0.8 mi | $840,000 | 5 | 3 | 2,211 | $380 | 0.8 mi |
C 1419 E 111th Sold 0 bd · 0 ba · 2,659 sqft · $308 · 0.7 mi | $820,000 | 0 | 0 | 2,659 | $308 | 0.7 mi |
D 11421 Stanford Avenue Sold 0 bd · 0 ba · 3,132 sqft · $343 · 0.6 mi | $1,075,000 | 0 | 0 | 3,132 | $343 | 0.6 mi |
E 1711 E Imperial Highway Sold 0 bd · 0 ba · 2,772 sqft · $281 · 0.7 mi | $780,000 | 0 | 0 | 2,772 | $281 | 0.7 mi |
F 1711 E Imperial Highway Sold 5 bd · 4 ba · 2,772 sqft · $281 · 0.7 mi | $780,000 | 5 | 4 | 2,772 | $281 | 0.7 mi |
G 11717 Holmes Pending 0 bd · 0 ba · 2,656 sqft · $339 · 0.7 mi | $900,000 List Price | 0 | 0 | 2,656 | $339 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1946, this 78-year-old property is described as well-maintained and functional for long-term tenants, but lacks any mention of recent renovations to kitchens, bathrooms, or major systems (HVAC/Electric). Given the age and 'separately metered' status without upgrade dates, it is classified as dated and likely requires minor repairs or cosmetic updates to reach modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High-Demand Unit Mix
The property features three spacious 3-bedroom, 1-bath units, a rare and highly desirable configuration that attracts long-term family tenants and commands higher rental premiums.
- Development and Value-Add Potential
The oversized 9,769 sq ft lot combined with three detached garages provides a significant opportunity for the construction of Accessory Dwelling Units (ADUs) to maximize rental income.
- Operational Efficiency
Units are separately metered for gas and electricity, shifting utility responsibilities to the tenants and reducing the owner's monthly operating expenses.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1946, the property may require significant capital investment for deferred maintenance or upgrades to major systems like plumbing and electrical to meet modern standards.
- Rent Control Limitations
With long-term tenants in place, the property likely has below-market rents, and local rent stabilization ordinances may limit the ability to quickly increase cash flow to current market rates.
About 1219 E 119th Street
NEW LISTING! Exceptional investment opportunity featuring a well-maintained triplex with three spacious 3-bedrooms and 1 bath. Long term tenants provide stable rental income and pay their own gas and electric utilities, with each unit separately metered. The property also features three detached garages, offering added value and potential for additional income. Large Lot with 9769 sq ft!!!
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1946
- Lot Size
- 9,769 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,592 | 2,090.331 |
| Lot Size | 9,769 | 5,852.908 |
| Price | $850.0K | $830.9K |
| Price per sq ft | $328 | $394 |
| Built year | 1946 | 1928 |
| HOA | $0 | $0 |
| Days on market | 14 | 87 |
Pricing History
Listed for Sale
Oct 26, 2026
$850,000
Initial Listing