1601 W 59th Place, Los Angeles CA, 90047

Active

1601 W 59th Place

Los Angeles CA, 90047

$925,000

$374.19 per sqft

Active

2,472 sqft

Multi-family

Built in 1938

Listed by Rigoberto Barraza with Keller Williams Pacific Estate 562-513-7800

Quadruplex opportunity. This property consists of 3 detached buildings - 2-duplex structures and 4 side-by-side one car garage spaces on over 6500 sqft lot. All units are 1-bedroom 1-bath with their own laundry space. Each unit is separately metered for gas and electrical.
Live in one and rent the others or continue with the tenants in place. Great opportunity to convert the garages to ADU(s) for additional income.
All exterior has recently gone thru stucco repairs and paint (2022), elastomeric coating on all roofs in 2022, 6 energy efficient vinyl windows replaced in 2022 for each unit, 3 units have had flooring replaced since 2021. One unit has been completely gutted and renovated in 2021 including new water lines, drainage, electrical. The garage rolling iron gate is new (2023) and a new concrete driveway space was added for additional income.
Great location close to shopping two blocks away and two blocks from the upcoming METRO Rail-to-River project coming soon which makes this a great investment.

DW24080555

MLSⓇ ID

April 22, 2024

Listed

April 24, 2024

Updated

Map

1601 W 59th Place
Los Angeles CA, 90047

Interior Features

Total Stories: 1
Interior Features: All Bedrooms Down
Laundry Description: Inside
Fireplace: Yes
Fireplace Description: None
Cooling: Yes
Cooling Description: Wall/Window Unit(s)
Heating: No

Exterior/Building Features

Lot Size: 0.15 Acres
Lot Features: Corner Lot
Sewer: Public Sewer

Other Property Details

Area Name: 699 - Not Defined
Days on Market: 2
Garage: Yes
Garage Spaces: 4
Parking Total: 4
View: No
View Description: None
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: LAR1
Buyer Agency Compensation: 2%

Listing Contact: 562-513-7800

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/24/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 4/24/2024 at 3:12 PM UTC