4-Plex in Highland Park Prime Opportunity for Owner Occupancy or Investment! Welcome to a rare gem in the heart of trendy Highland Park! This 4-unit property sits on a spacious corner lot, offering an excellent opportunity for savvy investors or owner-occupants looking to house hack. With one unit currently vacant, you can move in, accommodate a family member, or handpick your ideal tenant. Each apartment features 2 bedrooms and 1 bathroom, averaging a generous 806 SF per unit (per title). The layouts include one large bedroom and a versatile smaller bedroom without a closet, perfect for an office, guest room, or creative space. Two units boast charming bonus office nooks off the kitchen, adding extra flexibility for tenants who work from home. The property is designed with convenience in mind: Separate hot water heaters and meters for reduced operating costs. A closet at the end of each hallway, ideal for in-unit stackable washer/dryers.Professionally managed, ensuring low maintenance and hassle-free operations. An outdoor patio area adds to the property’s appeal, offering tenants a shared recreational space perfect for barbecues, gatherings, or simply enjoying the beautiful Southern California weather. Located in a prime Highland Park neighborhood, just moments from Figueroa’s vibrant shops, cafes, and nightlife, with easy access to the 110 Freeway, this property offers convenience and desirability in one of LA’s most sought-after communities. Whether you’re looking to live in one unit and rent out the others or add a solid income-generating property to your portfolio, this 4-plex is a rare find. Don’t miss this chance to own a versatile and profitable property in one of LA’s hottest markets! Schedule your showing today!
Property Details
Price:
$1,095,000
MLS #:
24460485
Status:
Active
Baths:
0
Address:
311 S Avenue 59
Type:
Residential Income
Neighborhood:
632highlandpark
City:
Los Angeles
Listed Date:
Nov 5, 2024
State:
CA
ZIP:
90042
Lot Size:
6,599 sqft / 0.15 acres (approx)
Year Built:
1948
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Schools
Interior
Accessibility Features
None
Appliances
Gas Oven
Fireplace Features
None
Flooring
Carpet
Heating
Wall Furnace
Exterior
Parking Features
Gated
Parking Spots
4.00
Pool Features
None
Security Features
Gated Community, Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Sewer Paid
Spa Features
None
View
None
Financial
Tenant Pays
Gas, Trash Collection
Map
Community
- Address311 S Avenue 59 Los Angeles CA
- Area632 – Highland Park
- CityLos Angeles
- CountyLos Angeles
- Zip Code90042
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Courtesy of Compass. 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 2024. California Regional Multiple Listing Service. All rights reserved.
311 S Avenue 59
Los Angeles, CA
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