• 1601 W 59th Place Los Angeles, CA 90047

  • $925,000
  • 4
    Bed(s)
  • 4
    Baths
  • 2,472
    Sq Ft
  • 6619
    Sqft
  • Listed By: Rigoberto Barraza, Keller Williams Pacific Estate, DRE #01735683
  • Source: CRMLS

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.

Property Type :

Residential

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 4

Bathroom Information

Total Baths: 4

Full Baths: 4

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Interior Features: All Bedrooms Down

Fireplace: None

Cooling Features

Wall/Window Unit(s)

Air Conditioning

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1938

Pool Features

None

Laundry Features

Inside

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.152

Lot Size Source: Assessor

Lot Size Square Feet: 6619

Listing Price Information

Original List Price: 925,000

Listing Contract Date: 2024-04-22

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 6002009035

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 699 - Not Defined

Postal Code Plus 4: 1102

Directions: Cross streets are Slauson and Western ave

Zoning: LAR1

Source Property Type: Residential

Area: 699 - Not Defined

Property SubType: Quadruplex

Building and Construction

Property Age: 86

Common Walls: 1 Common Wall

Structure Type: Quadruplex

Year Built Source: Assessor

Total Square Feet Living: 2472

Entry Level: 1

Entry Location: alley

Property Attached: Yes

Levels or Stories: One

Building Total Stories: 1

Structure Type: Quadruplex

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1726 W 60th Street, Los Angeles, CA,90047 $750,000 2 -- 1,628 3776 Sqft
10427 S Denker Avenue, Los Angeles, CA,90047 $729,000 2 1 1,198 5143 Sqft
1552 W 103rd Street, Los Angeles, CA,90047 $975,000 5 -- 2,268 5903 Sqft
1526 W 71st Street, Los Angeles, CA,90047 $779,999 3 2 1,078 4283 Sqft
1456 W 89th Street, Los Angeles, CA,90047 $850,000 3 1 1,564 4520 Sqft
1745 W 59th Place, Los Angeles, CA,90047 $639,000 3 3 1,656 3374 Sqft
1932 W 74th Street, Los Angeles, CA,90047 $837,500 2 1 1,136 6703 Sqft
6515 Cimarron St, Los Angeles, CA,90047 $619,000 3 1 1,450 4655 Sqft
1558 W 105th Street, Los Angeles, CA,90047 $949,000 5 4 1,896 5612 Sqft
1849 66th Street, Los Angeles, CA,90047 $795,999 3 2 1,300 4000 Sqft

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ByOwner last updated this listing 05/07/2024 @ 03:44

MLS: DW24079529
LISTED BY: Rigoberto Barraza, Keller Williams Pacific Estate
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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