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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

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    $3,204/mo

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    $4,622/mo

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    $4,622/mo

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    What's special

    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.

    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#: 24-459385MLS Logo

    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