1341 E 59th Place, Los Angeles, CA 90001
Property · 2 recorded sales since 2019
Sold February 2025
Listing Agent: Peter James (DRE #01748556) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Boris Almengor · Compass · MLS #24459385 · Source: CRMLS
About this property
Part of an 11 Building Portfolio! Can be sold individually or as a portfolio. 1341 E. 59th Pl is a fully occupied 4-unit opportunity in South Los Angeles. The subject property offers and investor a great unit mix consisting of (2) 2 Bed / 1 Bath and (1) 1 Bed / 1 Bath and (1) Studio unit spread out over 1,580 square feet of gross leasable area and was built in 1923. The building sits on a 4,744 square foot lot that is zoned LAR3YY. There is significant upside in rents while also offering a great day one cash flow. Buyer to verify feasibility of adding an ADU to the property for additional value add potential.
Listing description from the February 2025 sale, as reported to CRMLS.
Sale history
