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Duplex with Two Tenant-Occupied Homes
For Sale
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116 Ellita Place, Los Angeles, CA 90042

Two craftman-style homes on one lot, each offering 2 bed and 1 bath, with street parking only.

Property SizeContact for details
Days on Market112

Property Features for 116 Ellita Place

General Information

Standard status Active
Property subtype Multifamily
Zoning Assessor

Building Details

Buildings 2
Units 2
Listing Agency: Compass - Pasadena
Listed By: Nicola Speranta · License #DRE 01274694
Source: Crexi
Added: May 20 Changed: Sep 8 Last Checked: Aug 15 at 6:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass - Pasadena

Investment Insights

Based on property information with market context.

This for-sale duplex consists of two craftman-style homes on one lot. Each home is configured with 2 bedrooms and 1 bathroom, and the property totals 1,386 square feet (693 square feet per home). The listing notes high ceilings and classic character throughout the units identified as 116–120. Both homes are currently tenant-occupied. The property is described as being in average condition, and street parking only.

The property is just off Figueroa Street and is listed as approximately one block from the Metro Gold Line, providing convenient access to downtown Los Angeles and surrounding neighborhoods.

With two separate, tenant-occupied residences on one parcel, the setup supports continued rental operations or an owner-occupant arrangement.

Key Highlights

  • Two Craftsman‑style homes on one lot, each with 2 bedrooms and 1 bathroom
  • Total size of 1,386 SF (693 SF per home), built in 1907
  • Units 116‑120 feature high ceilings and classic character

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Building Supply Pharmacy (Bike/Boat/Book/etc) Store Daycare Center Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,214
Businesses Nearby

Demographics for 90042, CA

58,295
Population
22,630
Households
2.6
Avg Household Size
37
Median Age
40%
College-Educated
81%
High-School Grad
4.5 sq mi
ZIP Area
12,954
Density / Sq Mi
$94,401
Median Household Income
$49,804
Median Earnings
$1,853
Median Rent
$940,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two craftman-style homes on one lot, each offering 2 bed and 1 bath, with street parking only.
Where is this duplex located?
The property is located at 116 Ellita Place Los Angeles, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two Craftsman‑style homes on one lot, each with 2 bedrooms and 1 bathroom; Total size of 1,386 SF (693 SF per home), built in 1907; Units 116‑120 feature high ceilings and classic character
(626) 253-6746 Call to check price and availability
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