1601 W 59th Place, Los Angeles, CA 90047

  • $925,000
  • $374
1601 W 59th Place, Los Angeles, CA 90047
  • Residential Income
  • Property Type
  • 4.00
  • Garages
  • 1938
  • Year Built
For Sale
1601 W 59th Place, Los Angeles, CA 90047
  • $925,000
  • $374

Overview

Property ID: SGR-30304558
  • Residential Income
  • Property Type
  • 4.00
  • Garages
  • 1938
  • Year Built

Description

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.

  • Address 1601 W 59th Place
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90047
  • Area 699 - Not Defined
  • Country United States

Details

Updated on April 25, 2024 at 2:36 pm
  • Property ID: SGR-30304558
  • Price: $925,000
  • Land Area: 6619.00 m²
  • Garages: 4.00
  • Year Built: 1938
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 2472.00
  • MLS#: DW24080555
  • Office Name: KELLER WILLIAMS PACIFIC ESTATE
  • Agent Name: Rigoberto Barraza
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01735683
  • IDX Contact Info: 562-912-0359

Additional details

  • View: None
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • County: Los Angeles
  • Property SubType: Quadruplex
  • Parking: 4.00
  • Water Source: Public

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