311 South Ave 59
$1,095,000
4
4
3,260
3,260
$336
Listed By Compass
Description
4-Plex in Highland Park Prime Opportunity for Owner Occupancy or Investment! Welcome to a rare gem in the heart of trendy Highland Park! This 4-unit property sits on a spacious corner lot, offering an excellent opportunity for savvy investors or owner-occupants looking to house hack. With one unit currently vacant, you can move in, accommodate a family member, or handpick your ideal tenant. Each apartment features 2 bedrooms and 1 bathroom, averaging a generous 806 SF per unit (per title). The layouts...4-Plex in Highland Park Prime Opportunity for Owner Occupancy or Investment! Welcome to a rare gem in the heart of trendy Highland Park! This 4-unit property sits on a spacious corner lot, offering an excellent opportunity for savvy investors or owner-occupants looking to house hack. With one unit currently vacant, you can move in, accommodate a family member, or handpick your ideal tenant. Each apartment features 2 bedrooms and 1 bathroom, averaging a generous 806 SF per unit (per title). The layouts include one large bedroom and a versatile smaller bedroom without a closet, perfect for an office, guest room, or creative space. Two units boast charming bonus office nooks off the kitchen, adding extra flexibility for tenants who work from home. The property is designed with convenience in mind: Separate hot water heaters and meters for reduced operating costs. A closet at the end of each hallway, ideal for in-unit stackable washer/dryers.Professionally managed, ensuring low maintenance and hassle-free operations. An outdoor patio area adds to the property's appeal, offering tenants a shared recreational space perfect for barbecues, gatherings, or simply enjoying the beautiful Southern California weather. Located in a prime Highland Park neighborhood, just moments from Figueroa's vibrant shops, cafes, and nightlife, with easy access to the 110 Freeway, this property offers convenience and desirability in one of LA's most sought-after communities. Whether you're looking to live in one unit and rent out the others or add a solid income-generating property to your portfolio, this 4-plex is a rare find. Don't miss this chance to own a versatile and profitable property in one of LA's hottest markets! Schedule your showing today!
Listing Agents
Property Details for 311 South Ave 59
Water Front
None
ZoningLARD1.5
StyleUnknown
Cross StreetsBenner St and Ave 59
Accessibility FeaturesNone
Parcel Number5492019007
Total Units4.0
Living Area3260
LISTING UPDATED: 12/13/2024 04:30 PM
Property Details for 311 South Ave 59
Status | Active |
---|---|
MLS # | 24-460485 |
Days on Market | 55 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1948 |
Lot Size | 0.15 AC / 6,599 SF |
County | Los Angeles County |
Building Information for 311 South Ave 59
Stories-Residences-Year Built1948Building Size-Lot Size0.15 AC / 6,599 SF
Property Information for 311 South Ave 59
Property History for 311 South Ave 59
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 311 South Ave 59
Taxable ValueLand$269,380Additions$70,957Total$340,337
Tax Record2024$4,599 ($383 / month)
Home Facts
Total Finished SqFt3,260 SqFtAbove Grade Finished SqFt3,260 SqFtLot Size6,597 SqFtStyleQuadraplexYear Built1948ZoningLARD1.5CountyLOS ANGELESAPN5492-019-007
Schools near 311 South Ave 59
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 12 | |||
Charter - | 9 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Bushnell Way Elementary School PublicK to 5 | ||
Benjamin Franklin Senior High School Public6 to 12 | ||
Los Angeles International School Charter9 to 12 | ||
Luther Burbank Middle School Public6 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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