1601 W 59th Place Los Angeles, CA $ 925,000
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
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1601 W 59th Place, Los Angeles, CA 90047 - Image 17

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

DW24079529

Days on Market

29

Features
General
Interior Features AllBedroomsDown
Sewer PublicSewer
Cooling WallWindowUnits
Zoning LAR1
HOA 0.0
Garage Spaces 4.0
Pool Features None
Year Built 1938
View None
Stories 1
Levels One
Property SubType Quadruplex
Community Features Sidewalks
County Los Angeles
New Construction N
Property Type Residential
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
High School District Los Angeles Unified
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
Street Name 59th
Listing Terms Item1031Exchange
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Current Financing Conventional
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 3
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Tax Lot 61
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
Spa N
Lot Size Acres 0.152
Lot Size Units SquareFeet
Lot Size Source Assessor
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
Full Baths 4
Street Suffix Place
Laundry Features Inside
Total Bedrooms 4
Entry Level 1
Electric On Property Y/N N
Main Level Bedrooms 4
Main Level Bathrooms 4
Total Baths 4
Living Area Units SquareFeet
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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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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
4003522 Elementary School
4003523 Middle School
Unknown High School High School
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