311 S Avenue 59

Los Angeles, CA 90042

PRICE REDUCED

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-$26,000 (-2.04%)

$1,249,000

List Price

8

bed Beds

4

shower Baths

3,260 sqft

straighten / sqft

1948

calendar_month Built

Open Houses

Next available: Saturday, September 21st, 2024 12:00 pm - 1:30 pm • Info

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Property Description

1 UNIT CURRENTLY VACANT! Perfect for owner occupancy, family member, or choose your own tenant! Rare opportunity to buy a turnkey 4plex in hip Highland Park on a large corner lot with parking! All apartments are 2 bedroom and 1 bathroom, and the spacious units average 806 SF each per title. Each apartment has one large bedroom and one smaller bedroom with no closet. Two apartments have small office areas off the kitchen, and all units have a closet at the end of the hallway that would be prefect for in unit stackable washer/dryers. There are separate hot water heaters and meters, and the property is professionally managed. Expenses are naturally low on a building like this. This property is in a prime area of Highland Park near Figueroa and with easy access to the 110 Freeway. All in all, this is an excellent investment in a stellar location.

Listing Information

List Price $1,249,000
Status Active
MLS 24421267
Type Residential Income
Year Built 1948
Lot Size 6,599
Structure Size 3,260
DOM 51
Courtesy Of Compass
Listing Agent Dana Coronado DRE#01746702

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms 8
Bathroom Information
Features Low Flow Plumbing Fixtures
Total Bathroom
Bathrooms 4
Flooring Information
Material Carpet, Tile
Fireplace Information
Features None

Exterior Information

Other Structures
Features None

Maps

Listing information courtesy of: Dana Coronado, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 19th, 2024 at 7:47 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.