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1341 E 59th Place

Los Angeles, CA 90001

– beds
– baths
– sqft
4,746 sqft lot
1923 build
– on site

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.

Listed By CRMLS_CA / Peter James / Lyon Stahl Investment Real Estate, Inc.

Last checked: Checking… • Last updated Nov 9, 2024 •

MLS# 24459385 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1923
New Construction:

No
Construction Materials:

Stucco
Roof:

Rolled/Hot Mop
Faces:

South
Building Area Total:

1580.00
# of Buildings:

2
Total Number Of Units:

4
Stories Total:

1

Interior

Levels:

One
Laundry:

None
Laundry:

1

Location

Directions:

Located east of Hooper Ave and south of Slauson.
Latitude:

33.98639100
Longitude:

-118.25079100

The Property

Property Type:

Residential Income
Zoning:

LCR3YY
Lot Features:

Rectangular Lot
Lot Size Area:

4746.0000
Lot Size Acres:

0.1090
Lot Size SqFt:

4746.00
Security Features:

Gated Community
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

6008024031

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Sewer:

Other

Appliances

Appliances:

Refrigerator
Included:

Yes

The Community

Senior Community:

No
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Uncovered, Gated
Parking Spaces:

3.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/1/24 Nov 1, 2024	Listed / Active	CRMLS_CA	$750,000	48.5% (8.3% / YR)
1/3/19 Jan 3, 2019		CRMLS_CA	$505,000

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This multifamily located in South LA, Florence-Graham, CA 90001 is currently for sale for $750,000. 1341 E 59th Place is a – square foot multifamily with – beds and – baths that has been on Estately for 23 days. 1341 E 59th Place is in the South LA neighborhood of Florence-Graham and has a WalkScore® of 71, making it very walkable. This multifamily is in the attendance area of Los Angeles Academy Middle School, Dr. Lawrence H. Moore Math/Science/Technology Academy, and Mervyn M Dymally Senior High.

Listing Courtesy of: CRMLS_CA and Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 23:55 on Nov 23.

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, 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.