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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1171 E 59th Place
Los Angeles, CA
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