3326 W 59Th Street, Los Angeles, CA 90043

About this property

60 unit development site, TOC TIER 4, NO parking requirements, C2 zoning, sale includes property at 3320 W. 59th St. Each parcel is 6,765 square foot. Both parcels total 13,530 square feet of land. Very LOW COST PER UNIT based on the potential development. Currently there is a 3 bedroom and 2 bath house with a detached garage on this lot. Property is a fixer. The 3320 W. 59th St. parcel has a duplex in excellent condition. Great location, across from the Metro, by the Crenshaw and Slauson corridor. Located by the Crenshaw/LAX transit Project, Less than 4 miles from the LA Rams SOFI STADIUM and Hollywood Park. Property will be delivered vacant. Very strong rental market, lots of new developments nearby. Q condition is satisfied by the purchase of both parcels. The Q condition states that frontage is to be 100 feet frontage and lot size to be at least 10K square feet. Both conditions are met with the purchase of both parcels. Buyer to do their own inspections and due diligence.

Listing description from the March 2022 sale, as reported to CRMLS.

Sale history

$2,219,000

Sold March 2022 · listed $2,295,000, on market November 2021 · MLS #21106553 · Source: CRMLS

Listing Agent: George Gorgy · Listing Office: Premier Investors R.E., Inc. · Contact: 626-279-6938 · Bought with: George Gorgy · Premier Investors R.E., Inc.

$1,109,500

Sold March 2022 · listed $1,149,000, on market November 2021 · MLS #21103525 · Source: CRMLS

Listing Agent: George Gorgy · Listing Office: Premier Investors R.E., Inc. · Contact: 626-279-6938 · Bought with: George Gorgy · Premier Investors R.E., Inc.

$584,825

Sold April 2021 · listed $500,000, orig. $550,000, on market August 2020 · MLS #EV20177041 · Source: CRMLS

Listing Agent: FRANK WILSON III · Listing Office: KELLER WILLIAMS REALTY · Contact: 909-793-2100 · Bought with: FRANK WILSON III · KELLER WILLIAMS REALTY

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