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311 S Avenue 59

Los Angeles, CA 90042

– beds
– baths
– sqft
6,599 sqft lot
1948 build
– on site

Rare opportunity to buy a turnkey 4plex in hip Highland Park on a large corner lot with parking! All apartments are 2 bedroom and 1 bathroom, and the spacious units average 806 SF each per title. Each apartment has one large bedroom and one smaller bedroom with no closet. Two apartments have small office areas off the kitchen, and all units have a closet at the end of the hallway that would be prefect for in unit stackable washer/dryers. There are separate hot water heaters and meters, and the property is professionally managed. Expenses are naturally low on a building like this. This property is in a prime area of Highland Park near Figueroa and with easy access to the 110 Freeway. All in all, this is an excellent investment in a stellar location.

Listed By CRMLS_CA / Charlie Coronado / Compass

Last checked: Checking… • Last updated Nov 6, 2024 •

MLS# 24460485 —

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

The Building

Year Built:

1948
New Construction:

No
Construction Materials:

Frame, Wood Siding
Accessibility Features:

None
Faces:

West
Building Area Total:

3260.00
# of Buildings:

1
Total Number Of Units:

4

Interior

Levels:

Multi/Split
Flooring:

Carpet
Fireplace:

No
Fireplace:

None

Financial & Terms

Disclosures:

Rent Control

Location

Directions:

Head North on Ave 60 then make a left on Benner Street.
Latitude:

34.10746600
Longitude:

-118.18851100

The Property

Property Type:

Residential Income
Zoning:

LARD1.5
Lot Size Area:

6599.0000
Lot Size Acres:

0.1515
Lot Size SqFt:

6599.00
View:

None
Security Features:

Gated Community, Carbon Monoxide Detector(s), Smoke Detector(s)
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5492019007

Heating & Cooling

Heating:

1
Heating:

Wall Furnace

Utilities

Sewer:

Sewer Paid

Appliances

Appliances:

Gas Oven
Included:

Yes

The Community

Senior Community:

No
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Gated
Parking Spaces:

4.00
Uncovered Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price
11/5/24 Nov 5, 2024	Listed / Active	CRMLS_CA	$1,188,000
9/30/24 Sep 30, 2024	Price Changed	CRMLS_CA
9/19/24 Sep 19, 2024	Price Changed	CRMLS_CA

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This multifamily located in Northeast LA, Los Angeles, CA 90042 is currently for sale for $1,188,000. 311 S Avenue 59 is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 311 S Avenue 59 is in the Northeast LA neighborhood of Los Angeles and has a WalkScore® of 82, making it very walkable. This multifamily is in the attendance area of Luther Burbank Middle School Arts/Technology/Community Magnet, Benjamin Franklin High School, and Bushnell Way Elementary School.

Listing Courtesy of: CRMLS_CA and Compass. Based on information from California Regional Multiple Listing Service, Inc. as of 19:08 on Nov 05.

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.