See all 5 photos
$750,000
Est. payment /mo
5 BD
4 BA
1,580 SqFt
Active
1341 E 59th PL Los Angeles, CA 90001
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UPDATED:
12/05/2024 03:47 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,580 sqft
Price per Sqft $474
MLS Listing ID 24459385
Bedrooms 5
HOA Y/N No
Year Built 1923
Lot Size 4,748 Sqft
Property Description
Part of an 11 Building Portfolio! Can be sold individually or as a portfolio. 1341 E. 59th Pl is a fully occupied 4-unit opportunity in South Los Angeles. The subject property offers and investor a great unit mix consisting of (2) 2 Bed / 1 Bath and (1) 1 Bed / 1 Bath and (1) Studio unit spread out over 1,580 square feet of gross leasable area and was built in 1923. The building sits on a 4,744 square foot lot that is zoned LAR3YY. There is significant upside in rents while also offering a great day one cash flow. Buyer to verify feasibility of adding an ADU to the property for additional value add potential.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LCR3YY
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Refrigerator
Laundry None
Exterior
Parking Features Gated, Uncovered
Pool None
Community Features Gated
Roof Type Rolled/Hot Mop
Total Parking Spaces 3
Private Pool No
Building
Lot Description Rectangular Lot
Faces South
Story 1
Entry Level One
Sewer Other
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6008024031
Security Features Gated Community
Special Listing Condition Standard
Listed by Peter James • Lyon Stahl Investment Real Estate, Inc.