Listing provided courtesy of Peter James of Lyon Stahl Investment Real Estate, Inc.. Last updated 2024-11-25 09:11:28.000000. Listing information © 2024 CRMLS.
Asking Price: $750,000
1341 59th, Los Angeles CA 90001
Community: C42 - Downtown L.A.
Status: Active
This property was built in 1923 and is priced at $750,000. Please see the additional details below.
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.