1341 E 59Th Place

Los Angeles, CA 90001

$750,000

List Price

5

bed Beds

4

shower Baths

1,580 sqft

straighten / sqft

1923

calendar_month Built

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.

Listing Information

List Price $750,000
Status Active
MLS 24459385
Type Residential Income
Year Built 1923
Lot Size 4,746
Structure Size 1,580
DOM 8
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
Listing Agent Peter James DRE#01748556
Co-Listing Agent William James DRE#01734419

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms 5
Total Bathroom
Bathrooms 4
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Peter James, William James, Lyon Stahl Investment Real Estate, Inc. 310-467-7581. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 9th, 2024 at 1:17 PM 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.