1301 E 59th Place,  Los Angeles CA, 90001 (Commercial)

Status: Sold
MLS#: PW15009949
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Last Updated: 12/10/2016 10:13 PM
Description for 1301 E 59th Place Los Angeles, CA 90001
Fantastic and rare opportunity to own a 7 unit apartment complex in a NON-Rent Control area in Los Angeles. Two buildings on lot, 6 units feature a spacious 1 bed, 1 bath and one unit is a 2 bed, 2bath boasting brand new interior paint, new laminate flooring that flow through your light and bright living rooms and on into your bedroom. Each unit has new kitchens with all new appliances. New fixtures, new exterior gate and much much more. 5 of the 7 units are occupied and paying above market rent! The work is done for you!! Located minutes from Downtown Los Angeles, USC, and easy access to the 110 freeway truly make this the ideal place to live for any tenant and the ideal investment.
Price
Sold Price:
$799,000
Sold Date:03/06/2015
Los Angeles
PW15009949
Closed
Description
Fantastic and rare opportunity to own a 7 unit apartment complex in a NON-Rent Control area in Los Angeles. Two buildings on lot, 6 units feature a spacious 1 bed, 1 bath and one unit is a 2 bed, 2bath boasting brand new interior paint, new laminate flooring that flow through your light and bright living rooms and on into your bedroom. Each unit has new kitchens with all new appliances. New fixtures, new exterior gate and much much more. 5 of the 7 units are occupied and paying above market rent! The work is done for you!! Located minutes from Downtown Los Angeles, USC, and easy access to the 110 freeway truly make this the ideal place to live for any tenant and the ideal investment.
Listing Information
Property Type: Multi-Family, Other
0.14 Acres $162.27
1949
Neighborhood
Room Information
Interior Features
Wall Unit
Exterior / Lot Features
6 Parking Spaces
None
Financial Considerations
6008024039
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90001 has a population of 3,804,503.

The median household income in Los Angeles, California 90001 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90001 is 34.1 years.

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Courtesy: Polly Watts, Broker Polly Watts
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