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1601 W 59th Place Los Angeles, CA $ 925,000
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1601 W 59th Place
$ 925,000
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1601 W 59th Place

Los Angeles, CA, 90047
$ 925,000
Bedrooms4 Baths4.0 Sq 2,472

Monthly Estimate*

$ 6,461

Listed by Keller Williams Pacific Estate
1601 W 59th Place, Los Angeles, CA 90047 - Image 1
1601 W 59th Place, Los Angeles, CA 90047 - Image 2
1601 W 59th Place, Los Angeles, CA 90047 - Image 3
1601 W 59th Place, Los Angeles, CA 90047 - Image 4
1601 W 59th Place, Los Angeles, CA 90047 - Image 5
1601 W 59th Place, Los Angeles, CA 90047 - Image 6
1601 W 59th Place, Los Angeles, CA 90047 - Image 7
1601 W 59th Place, Los Angeles, CA 90047 - Image 8
1601 W 59th Place, Los Angeles, CA 90047 - Image 9
1601 W 59th Place, Los Angeles, CA 90047 - Image 10
1601 W 59th Place, Los Angeles, CA 90047 - Image 11
1601 W 59th Place, Los Angeles, CA 90047 - Image 12
1601 W 59th Place, Los Angeles, CA 90047 - Image 13
1601 W 59th Place, Los Angeles, CA 90047 - Image 14

Multi-Family Home for sale in Los Angeles, CA

for $925,000 with 4 bedrooms and 4 full baths. This 2,472 square foot home was built in 1938 on a lot size of 0.152.

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.

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Multi-Family Active

Price

$ 925,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.152

Year Built

1938

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW24080555

Days on Market

11
Features
General
Interior Features AllBedroomsDown
Sewer PublicSewer
Cooling WallWindowUnits
Zoning LAR1
HOA 0.0
Garage Spaces 4.0
Pool Features None
Year Built 1938
Tenant Pays ParkingFee
View None
Stories 1
Levels One
Property SubType Quadruplex
Gross Income 4886.0
Community Features Sidewalks
County Los Angeles
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency none
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Cross streets are Slauson and Western ave
City Los Angeles
Entry Location alley
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area 699 - Not Defined
Lot Size Square Feet 6619.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 4
Street Name 59th
Listing Terms Item1031Exchange
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Current Financing Conventional
Trash Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 2
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 61
Total Actual Rent 4886.0
Property Sub Type Additional Quadruplex
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Exterior
Lot Features CornerLot
Water Source Public
Total Parking 4.0
Lot Size Area 6619.0
Number of Buildings 3
Spa N
Building Area Total 2472.0
Lot Size Acres 0.152
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features None
Total Stories 1
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Street Suffix Place
Laundry Features Inside
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1601
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* Excluded Features
List By
Keller Williams Pacific Estate

Broker

(562) 594-6753

Phone

Affordability Calculator

$6,461
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,461
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/23/2024$925,000 Listed Price

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1601 W 59th Place, Los Angeles, CA, 90047 is a Multi-Family Home for sale at $925,000 with 2,472 sqft and a lot size of 0.152. 1601 W 59th Place has 4 bedrooms, 4.0 baths, and was built in 1938. The property's zip code is 90047 which is in Los Angeles, CA

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