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1722 59th Place
Los Angeles, CA 90047
Purchase 3 residential units for the price of a small 1 bedroom condo in West LA. EXCELLENT long term income with great upside opportunity for investor located near Downtown LA and USC. GREAT FOR 1031 EXCHANGE. $4790 per month current gross rental income. There might be a possibility to deliver one unit vacant if needed for an owner user. Property consists of three addresses: 1722, 1722 1/2, & 1724 W. 59th Place. 1 - two bedrooms/one bath, 1 one bedroom/one bath, and detached studio unit with one bath. The 2 Bedroom unit has a private yard in front for their use. The 1 bedroom and Studio unit in the back share private sundeck outdoor patio area. The two back units have entrance thru alley access. Owner pays for all utilities. Buyer and Buyer agent to verify square footage, bedroom count, permits, & income and expense information to satisfy themselves. The property has close proximity to public transportation and nearby 110, 10, 5 and 60 freeways. Buyer to cooperate with Seller's 1031 Exchange. Property is being Sold "As Is". Units can be shown upon accepted offer.
PROPERTY INFORMATION
| MLS # | 24423575 | Lot Size | 3,363 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 649,000
Price Per SqFt: $ 410 |
DOM | 321 Days |
| Address | 1722 59th Place | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 1,582 Sq. Ft. |
| Postal Code | 90047 | Garage | N/A |
| County | Los Angeles | Year Built | 1924 |
| Bed / Bath | 4 / 0 | Parking | 2 |
| Built In | 1924 | Status | Active |
INTERIOR FEATURES
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $692
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/29/2024 | Listed | $695,000 |
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Listing provided courtesy of Benjamin Shamouelian, Exclusive Realty Inc. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
