1722 W 59TH Place

    Los Angeles (City), CA 90047
    • $699,000
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: 20553574
    $699,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Seller Motivated!! Purchase 3 residential units for the price of a small 1 bedroom condo in West LA. EXCELLENT long term income opportunity for investor located near Downtown LA and USC. GREAT FOR 1031 EXCHANGE. Property consists of 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. Updates include updated roof for studio unit and rain gutter install for 1 bedroom unit. Owner pays for all utilities. Buyer and Buyer agent to verify square footage, bedroom count, and permits 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".

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-10T00:29:48.673. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/103808849

    1722 W 59TH Place Los Angeles (City), CA 90047

    • Price: $699,000
    • Status: Active
    • ID#: 20553574
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1924
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Seller Motivated!! Purchase 3 residential units for the price of a small 1 bedroom condo in West LA. EXCELLENT long term income opportunity for investor located near Downtown LA and USC. GREAT FOR 1031 EXCHANGE. Property consists of 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. Updates include updated roof for studio unit and rain gutter install for 1 bedroom unit. Owner pays for all utilities. Buyer and Buyer agent to verify square footage, bedroom count, and permits 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".
    Exterior Features

    Lot Size Units Square Feet Parking Features Street Parking YN Yes

    Property Features

    Gross Income 58080.00 Gross Multiplier 12.00 Gross Operating Income 58080.00 Net Operating Income 43560.00 Senior Community YN No Special Listing Conditions Standard Zoning Lar2

    Listing provided courtesy of Benjamin Shamouelian of Exclusive Realty Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-10T00:29:48.673. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003