
Los Angeles, California 90059
Analysis of 2366 E 119th, Los Angeles, California 90059 is currently available with a list price of $500,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1926, this property is nearly a century old. The listing explicitly states 'PROPERTY SOLD AS-IS, WHERE-IS CONDITION' and 'CASH BUYERS ONLY,' which are strong indicators of significant deferred maintenance and major issues that prevent traditional financing. The property analysis further confirms 'Advanced Age and Renovation Needs,' necessitating 'substantial investment in renovations, system upgrades, and potential structural repairs.' While no interior images are provided, the exterior image shows a neglected property with overgrown landscaping and general disrepair. This combination strongly suggests the property requires substantial repairs and rehabilitation, aligning with a 'Poor' condition score.
The current list price of $600,000 represents a substantial reduction from the original $950,000, indicating a motivated seller and potential for a favorable acquisition.
Classified as a 'Residential Income' property and a 'Duplex,' it offers the opportunity for rental income, appealing to investors or owner-occupants seeking supplemental income.
With 3515 square feet, 6 bedrooms, and 3 bathrooms, the property provides ample living space suitable for multiple occupants or a large family.
The property was recently sold within the past year on 2025-03-05. The sold price is $500,000.00.
The property is explicitly sold 'AS-IS, WHERE-IS' with strong disclaimers regarding guarantees on size, zoning, building & safety, implying significant potential for hidden issues and requiring extensive buyer due diligence.
The requirement for 'CASH BUYERS ONLY' severely limits the pool of potential purchasers and suggests that the property may not qualify for traditional financing due to its condition or other factors.
PROPERTY SOLD AS-IS, WHERE-IS CONDITION. BUYER AND BUYERS AGENTS TO DO THEIR OWN DUE DILIGENCY AND INVESTIGATION. SELLER & SELLERS AGENTS DO NOT MAKE ANY PROMISE OR GUARANTEES ON SIZE, ZONING, BUILDING & SAFETY OR CITY. CASH BUYERS ONLY.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 0.0 | 73% |
| Baths | 3.0 | 0.0 | 67% |
| Square foot | 3,515 | 2,239 | 73% |
| Lot Size | 11,924 | 5,692 | 93% |
| Price | $500.0K | $750.0K | 7% |
| Price per sq ft | $142 | $353 | 13% |
| Built year | 1926 | 1944 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 138 | 195 | 27% |
Apr 4, 2026
$500,000
$600,000
-17% Price Drop
Initial Listing
Feb 5, 2026
$600,000
$850,000
-29% Price Drop
Initial Listing
Jan 23, 2026
$850,000
$950,000
-11% Price Drop
Initial Listing
Dec 5, 2025
$950,000
Initial Listing
Mar 5, 2025
$500,000
Public Record