1601 W 59Th Place

Los Angeles, CA 90047

PRICE REDUCED

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-$26,000 (-2.81%)

$899,000

List Price

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1938

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Property Description

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.

Listing Information

List Price $899,000
Status Active
MLS DW24080555
HOA $0
Type Residential Income
Subtype Quadruplex
Year Built 1938
Lot Size 6,619
Structure Size N/A
DOM 113
Courtesy Of Keller Williams Pacific Estate
Listing Agent Rigoberto Barraza DRE#01735683

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms N/A
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Fireplace Information
Features None
Additional Information
Additional Features All Bedrooms Down
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Rigoberto Barraza, Keller Williams Pacific Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:32 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.