1341 East 59th Place
$750,000
5
4
1,580
1,580
$475
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...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.
- Listed by Peter James • DRE #01748556 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
- Listed by William James • DRE #01734419 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
Property Details for 1341 East 59th Place
Zoning
LCR3YY
Parcel Number6008024031
Total Units4.0
Living Area1580
Source Living AreaVendor Enhanced
AreaDowntown L.A. (C42)
Vacancy Rate0
Lot Size Area4746
LISTING UPDATED: 11/09/2024 12:01 AM
Property Details for 1341 East 59th Place
Status | Active |
---|---|
MLS # | 24-459385 |
Days on Market | 21 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1923 |
Lot Size | 0.11 AC / 4,746 SF |
County | Los Angeles County |
Building Information for 1341 East 59th Place
Stories1Residences-Year Built1923Building Size-Lot Size0.11 AC / 4,746 SF
Property Information for 1341 East 59th Place
Property History for 1341 East 59th Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1341 East 59th Place
Taxable ValueLand$273,408Additions$278,877Total$552,285
Tax Record2024$8,736 ($728 / month)
Home Facts
Total Finished SqFt1,580 SqFtAbove Grade Finished SqFt1,580 SqFtLot Size4,744 SqFtStyleQuadraplexYear Built1923ZoningLCR3YYCountyLOS ANGELESAPN6008-024-031
Schools near 1341 East 59th Place
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Los Angeles Academy Middle Public6 to 8 | ||
Alliance Kory Hunter Middle Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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