1722 W 59Th Place

Los Angeles, CA 90047

PRICE REDUCED

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-$66,000 (-9.50%)

$629,000

List Price

4

bed Beds

3

shower Baths

1,582 sqft

straighten / sqft

1924

calendar_month Built

Property Description

Purchase 3 residential units for the price of a small 1 bedroom condo in West LA. EXCELLENT long term income with great upside opportunity for investor located near Downtown LA and USC. GREAT FOR 1031 EXCHANGE. $4790 per month current gross rental income. There might be a possibility to deliver one unit vacant if needed for an owner user. Property consists of three addresses: 1722, 1722 1/2, & 1724 W. 59th Place. 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. Owner pays for all utilities. Buyer and Buyer agent to verify square footage, bedroom count, permits, & income and expense information 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". Units can be shown upon accepted offer.

Listing Information

List Price $629,000
Status Active
MLS 24423575
Type Residential Income
Year Built 1924
Lot Size 3,363
Structure Size 1,582
DOM 28
Courtesy Of Exclusive Realty Inc
Listing Agent Benjamin Shamouelian DRE#01703755

Interior Features

Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 3
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Benjamin Shamouelian, Exclusive Realty Inc . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 26th, 2024 at 8:09 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.