Seize this unique multi-property development opportunity located just minutes from downtown Los Angeles in a thriving high-growth area. This prime LAR3 corner lot spans 6,751 square feet and presents the potential to develop 8 to 10 units. The 3 bedroom/ 1 bathroom home offers 1,213 sq feet. The tenant in the Auto Repair shop currently has a lease that expires soon on May 2025. Additional income is generated from the Billboard and is managed by Lamar. Close proximity to stores, shops, transportation, and freeways. Seller is very motivated! Submit your offer! All offers will be responded to within 48 hours.
Property Details
Price:
$645,000
MLS #:
24438731
Status:
Active
Beds:
3
Baths:
2
Address:
300 E 59th Place
Type:
Single Family
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Sep 11, 2024
State:
CA
Finished Sq Ft:
2,185
ZIP:
90003
Lot Size:
6,751 sqft / 0.16 acres (approx)
Year Built:
1920
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Schools
Interior
Cooling
None
Fireplace Features
None
Heating
Wall Furnace
Exterior
Parking Features
None
Parking Spots
4.00
Pool Features
None
Spa Features
None
Stories Total
1
View
None
Financial
Map
Community
- Address300 E 59th Place Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90003
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Courtesy of Pacific Inter Capital Investment Soluti. 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.300 E 59th Place
Los Angeles, CA
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