1171 E 59Th Place

Los Angeles, CA 90001 $674,100.00 (+900%) Active for $749,000

Overview
Map & Location
Median Values
Schools & Score
Property History
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Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 5,602 sqft

Property Facts

MLS	WS25020980
Year Built	1923
Property Type	Single Family Residence
County	Los Angeles
Status	Active
Active	$749,000
Structure Size	N/A sqft
Lot Size	5,602 sqft
Beds	N/A
Baths	N/A

Description

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.

Listing information courtesy of: EDMOND WU, LANDMARK LENDING REALTY 626-353-8088. *Based on information from the Association of REALTORS/Multiple Listing as of 01/31/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.