1341 E 59Th Place
Los Angeles, CA 90001
Active for $750,000
Beds: 5 Baths: 4 Structure Size: 1,580 sqft Lot Size: 4,746 sqft
| MLS | 24459385 |
| Year Built | 1923 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $750,000 |
| Structure Size | 1,580 sqft |
| Lot Size | 4,746 sqft |
| Beds | 5 |
| Baths | 4 |
Description
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.
Listing information courtesy of: Peter James, Lyon Stahl Investment Real Estate, Inc. 310-467-7581. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 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.
Location
Contact a Local Realtor®
Mike Nalbandian
REALTOR®
Direct: 818.665.5283
Email: Email Me
DRE: 02207246
DRE #01873088
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