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.
Property Details
Price:
$750,000
MLS #:
24459385
Status:
Active Under Contract
Baths:
0
Address:
1341 E 59th Place
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Nov 1, 2024
State:
CA
ZIP:
90001
Lot Size:
4,746 sqft / 0.11 acres (approx)
Year Built:
1923
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Refrigerator
Cooling
None
Heating
Wall Furnace
Exterior
Lot Features
Rectangular Lot
Parking Features
Uncovered, Gated
Parking Spots
3.00
Pool Features
None
Roof
Rolled/ Hot Mop
Security Features
Gated Community
Sewer
Other
Spa Features
None
Stories Total
1
Financial
Tenant Pays
Gas, Electricity
Map
Community
- Address1341 E 59th Place Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90001
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. 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.1341 E 59th Place
Los Angeles, CA
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