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$750,000
5 bed
1,580 Sqft
4,746 Sqft lot

1341 E 59th Place, Los Angeles, California 90001

  • Residential Income Property Type
  • 22 Days Time on market
  • $475 Price per sqft
  • 1923 Year 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.

Basic Details
Residential Income
Buy
24459385
$750,000
5
1,580 Sqft
1923
4,746 Sqft
Active
Condos/Co-ops
Features
: Wall Furnace
: Refrigerator
: Gated
3
$0
: Rolled/hot Mop
: Other
Address
CA
Los Angeles
Los Angeles
90001
1341 E 59th Place
1341
Place
0
W119° 44' 57.2''
N33° 59' 11''
E
Additional Information
22
1
1
1
4
: One
1
1,580 Sqft
0 Sqft
0 Sqft
0.11 Sqft
4,746 Sqft
1
0 Sqft
LCR3YY
6008024031
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
01/11/2024 15:46:44
$0
: Standard
Located east of Hooper Ave and south of Slauson.
Lyon Stahl Investment Real Estate, Inc.
Peter James
CLW-X82195
CLW-C138168
$0
6.2
: Stucco
South
1
: Rectangular Lot
1
1
0
0
1
2
4
Gated Community
1
70056
US-06037-N-6008024031-R-N
01/11/2024 22:54:35
59th
C42 - Downtown L.A.
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