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311 Avenue 59
Los Angeles, CA 90042
1 UNIT CURRENTLY VACANT! Perfect for owner occupancy, family member, or choose your own tenant! 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. Perfect for house hacking. Live in one, rent out the others.
PROPERTY INFORMATION
| MLS # | 24460485 | Lot Size | 6,599 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,188,000
Price Per SqFt: $ 364 |
DOM | 181 Days |
| Address | 311 Avenue 59 | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 3,260 Sq. Ft. |
| Postal Code | 90042 | Garage | N/A |
| County | Los Angeles | Year Built | 1948 |
| Bed / Bath | 4 / 0 | Parking | 4 |
| Built In | 1948 | Status | Active |
INTERIOR FEATURES
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Gas Oven |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Flooring Information | Carpet |
| Has Spa | No |
| SpaDescription | None |
| SecuritySafety | Gated Community, Carbon Monoxide Detector(s), Smoke Detector(s) |
| Bathroom Information | Low Flow Shower, Low Flow Toilet(s) |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
| Has Patio | No |
| Patio | None |
| Has Sprinklers | No |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,267
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 11/05/2024 | Listed | $1,188,000 |
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Listing provided courtesy of Charlie Coronado, Compass. 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.
