Listing provided courtesy of Rigoberto Barraza of Keller Williams Pacific Estate. Last updated 2024-05-03 08:11:21.000000. Listing information © 2023 CRMLS.
Asking Price: $925,000
1601 59th, Los Angeles CA 90047
Community: 699 - Not Defined
Status: Active
This Quadruplex property was built in 1938 and is priced at $925,000. Please see the additional details below.
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.
