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1601 W 59th Place,  Los Angeles CA, 90047

(Active)
$925,000
|
4 beds, 4 Full baths, 2,472 sqft
|
MLS# DW24079529
Last Updated: 5/3/2024 6:10 PM
Description for 1601 W 59th Place Los Angeles, CA 90047
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.
Price
$925,000
Los Angeles
4
4 Full
2,472 (approx)
DW24079529
Active
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.
Listing Information
Property Type: Single Family, Fourplex, Multi-Family, 1 Story
4 4 Full
0.15 Acres Assessor 2,472 (approx)
1938 Yes-4 spaces 1
Public
Public Sewer
Neighborhood
School Information
District: Los Angeles Unified
Room Information
Bathrooms: Main Level: 4
4
Main Level: 4, Total: 4
Inside
Interior Features
Window/Wall Unit
1 Common Wall
alley
None
All Bedrooms Down
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces, 0 Covered Parking Spaces,
None
LAR1
Corner Lot
Driving Directions
Cross streets are Slauson and Western ave
Financial Considerations
6002009035
1031 Exchange
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90047 has a population of 3,956,168.

The median household income in Los Angeles, California 90047 is $54,570. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90047 is 38 years.

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Listing Agent: Rigoberto Barraza CalDRE: 01735683 - Keller Williams Pacific Estate, 562-912-0359
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/3/2024 6:10 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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