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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 750,000

Est. payment -/mo

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1341 E 59th PL Los Angeles, CA 90001

5 Beds

4 Baths

1,580 SqFt

UPDATED:

11/01/2024 10:52 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,580 sqft

Price per Sqft $474

MLS Listing ID 24459385

Bedrooms 5

HOA Y/N No

Year Built 1923

Lot Size 4,748 Sqft

Property 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.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LCR3YY

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Refrigerator

Laundry None

Exterior

Garage Gated, Uncovered

Pool None

Community Features Gated

Roof Type Rolled/Hot Mop

Parking Type Gated, Uncovered

Total Parking Spaces 3

Private Pool No

Building

Lot Description Rectangular Lot

Faces South

Story 1

Entry Level One

Sewer Other

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6008024031

Security Features Gated Community

Special Listing Condition Standard

Listed by Peter James • Lyon Stahl Investment Real Estate, Inc.

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

Rick Lee

1341 E 59th PL Los Angeles, CA 90001

Key Details

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Rooms

Interior

Exterior

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Others

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1341 E 59th PL