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.
Sold for $750,000 on 02/03/25
$750,000
1341 E 59th Pl, Los Angeles, CA 90001
5beds
4baths
1,580sqft
Multi Family
Built in 1923
-- sqft lot
$735,000 Zestimate®
$475/sqft
$3,204 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 05, 2025 at 05:16am
Listed by:
Peter James DRE # 01748556 310-467-7581,
Lyon Stahl Investment Real Estate, Inc. 310-425-9838,
William James DRE # 01734419 310-600-9858,
Lyon Stahl Investment Real Estate, Inc.
Bought with:
Boris Almengor, DRE # 02092597
Compass
Source: CLAW,MLS#: 24-459385
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Wall
Cooling
- None
Appliances
- Included: Refrigerator, Range/Oven, Gas Water Heater, Water Heater Unit
- Laundry: None
Interior area
- Total structure area: 1,580
- Total interior livable area: 1,580 sqft
Property
Parking
- Total spaces: 3
- Parking features: Open, Gated
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
- Spa features: None
- Fencing: Fenced
Lot
- Size: 4,748 sqft
- Features: Rectangular Lot, Single Lot
Details
- Additional structures: None
- Parcel number: 6008024031
- Zoning: LCR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Asphalt,Flat,Rolled/Hot Mop
Condition
- Year built: 1923
Utilities & green energy
- Sewer: In Street
- Water: Public
Community & neighborhood
Security
- Security features: Gated
Location
- Region: Los Angeles
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Estimated market value
$735,000