1341 E 59Th Place, Los Angeles, CA 90001

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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.


Interior Features

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

Listing Information

Address 1341 E 59Th Place
City Los Angeles
State CA
Zip 90001
County Los Angeles
Listing Agent Peter James DRE #01748556
Co-Listing Agent William James DRE #01734419
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
List Price $750,000
Status Active
Type Residential Income
Structure Size 1,580
Lot Size 4,746
Year Built 1923

Listing information courtesy of: Peter James, William James, Lyon Stahl Investment Real Estate, Inc.. *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.