1722 W 59th Place
Los Angeles, CA 90047
1582 sqft | 4 beds | 0.08 acres | #24423575
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. $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.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$695,000
- MLS #24423575
- MLS #24423575
- Acres0.0772
- Cost649000
- Square Feet1582
- Year Built1924
- Bedrooms4
- Stories1
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Benjamin Shamouelian (#CLW-X83499)
Listing Office: Exclusive Realty Inc (#CLW-X83407)
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