$925,000
Active
26 Days Online
4 Beds4 Baths2,472 SQFT
Active

1601 W 59th Place Los Angeles, CA 90047

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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.

  • Property TypeCondo
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site25 Days
  • MLS StatusActive
  • MLS ID NumberDW24079529
  • Home Size Source N/A
  • Year Built1938
  • Lot Size0.152 Acres
  • Full Baths4
  • Partial BathsN/A

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General Features

  • Parking Garage Spaces 4
  • Sewer Public Sewer
  • Terms Exchange
  • Stories 1 Story

Interior Features

  • Additional Rooms All Bedrooms Down
  • Cooling Wall/Window

Exterior Features

  • Water Public
  • Pool N/K
  • View N/K

Community Features

  • Sales Restrictions Standard
  • Laundry Location Inside

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Monthly Payment (Est.)

$4,933
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