Perfect project for investors who want to build and own for high returns. The property comes with RTI for five units in the County of LA which is much more difficult to entitle and does not fall under city of LA jurisdiction. Designed for affordable and quick development. Three buildings. Two duplexes and one ADU for a total of 8220 sq ft with 23 beds and 23 baths. These plans allow for property development that maximizes rents with master leasing via the city or other leasing program. Do not disturb the tenant. The property will be delivered vacant at the end of escrow.
Property Details
Price:
$739,000
MLS #:
WS25020980
Status:
Active
Baths:
0
Address:
1171 E 59th Place
Type:
Residential Income
Subtype:
Single Family Residence
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Jan 29, 2025
State:
CA
ZIP:
90001
Lot Size:
5,602 sqft / 0.13 acres (approx)
Year Built:
1923
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Schools
Interior
Exterior
Community Features
Urban
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Map
Community
- Address1171 E 59th Place Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90001
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Courtesy of LANDMARK LENDING REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.1171 E 59th Place
Los Angeles, CA
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