$750,000
For Sale

1341 E 59th Place

Los Angeles, CA 90001
1580 sqft | 5 beds | 0.11 acres | #24459385
Listing OfficeLyon Stahl Investment Real Estate, Inc.
Browse 5 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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 Details
      • Bedrooms5
  • Property Details
      • Lot DescriptionRectangularLot
      • Stories1
    • Measurements
      • Acres0.109
      • Square Feet1580
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1923
  • Utilities / Energy Details
      • Sewer InformationOther
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$750,000
  • Other
      • MLS #24459385

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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