1722 West 59th Place
$649,000
4
3
1,582
1,582
$410
Description
Purchase 3 residential units for the price of a small 1 bedroom condo in West LA. EXCELLENT long term income with great upside opportunity for investor located near Downtown LA and USC. Great for 1031 exchange. Great for 1031 exchange $4790 per month current gross rental income. Property to be delivered with tenants. An Owner user would need to handle the process of vacating a unit after the close of escrow. Property consists of three addresses: 1722, 1722 1/2, & 1724 W. 59th Place. 1 - two bedrooms/one...Purchase 3 residential units for the price of a small 1 bedroom condo in West LA. EXCELLENT long term income with great upside opportunity for investor located near Downtown LA and USC. Great for 1031 exchange. Great for 1031 exchange $4790 per month current gross rental income. Property to be delivered with tenants. An Owner user would need to handle the process of vacating a unit after the close of escrow. Property consists of three addresses: 1722, 1722 1/2, & 1724 W. 59th Place. 1 - two bedrooms/one bath, 1 one bedroom/one bath, and detached studio unit with one bath. The 2 Bedroom unit has a private yard in front for their use. The 1 bedroom and Studio unit in the back share private sundeck outdoor patio area. The two back units have entrance thru alley access. Owner pays for all utilities. Buyer and Buyer agent to verify square footage, bedroom count, permits, & income and expense information to satisfy themselves. The property has close proximity to public transportation and nearby 110, 10, 5 and 60 freeways. Buyer to cooperate with Seller's 1031 Exchange. Property is being Sold "As Is". Units can be shown upon accepted offer.
- Listed by Benjamin Shamouelian • DRE #01703755 • Brokerage DRE #01010733 • Exclusive Realty Inc
Property Details for 1722 West 59th Place
Zoning
LAR2
Cross StreetsWestern Ave. & 59th Place.
Parcel Number6002015012
Total Units3.0
Living Area1582
Source Living AreaVendor Enhanced
AreaLos Angeles Southwest (C34)
Vacancy Rate0
LISTING UPDATED: 12/12/2024 11:03 AM
Property Details for 1722 West 59th Place
Status | Active |
---|---|
MLS # | 24-423575 |
Days on Market | 114 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1924 |
Lot Size | 0.08 AC / 3,363 SF |
County | Los Angeles County |
Building Information for 1722 West 59th Place
Stories1Residences-Year Built1924Building Size-Lot Size0.08 AC / 3,363 SF
Property Information for 1722 West 59th Place
Property History for 1722 West 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 1722 West 59th Place
Taxable ValueLand$446,206Additions$167,325Total$613,531
Tax Record2024$7,649 ($637 / month)
Home Facts
Total Finished SqFt1,582 SqFtAbove Grade Finished SqFt1,582 SqFtLot Size3,363 SqFtStyleTriplexYear Built1924ZoningLAR2CountyLOS ANGELESAPN6002-015-012
Schools near 1722 West 59th Place
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Gifted Academy Of Math And Entrepreneurial Studies CharterK to 5 | ||
John Muir Middle School Public6 to 8 | ||
Invictus Leadership Academy CharterK 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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