1341 E 59th Place
Los Angeles, CA, 90001
$750,000
Beds
0 Baths
SqFt
0.11 Acres
Add
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
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
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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

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Tenant Pays
Gas, Electricity

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1341 E 59th Place
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