1648 W 59TH Street

    Los Angeles (City), CA 90047
    • $750,000
    • STATUS: Active
    • ON SITE: 95 days
    • ID#: 18324040
    UPDATED: 50 min ago
    $750,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,088
      SQFT
    • $359
      $/SQFT
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    Amazing Opportunity To Own Large Corner Lot With Bungalow Style Units In The Heart Of Los Angeles with Development Potential!!! Property must be sold with adjacent sister property, located at 5908 S Harvard Blvd. Two duplex per lot, 1,044 sq ft each, with 2 units per building and a large backyard. Mixed use units consist of "three" 1bed/1 bath units, and "fourth" unit was recently converted to a 2bed/1bath. Property will be shown with submitted offer, pre-approval letter, POF, ficos and landlords acceptance. Buyer to verify total square feet, lot and zoning. Property subject to rent control.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-23T11:27:04.687. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/81708071

    1648 W 59TH Street Los Angeles (City), CA 90047

    • Price: $750,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: 18324040
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,088
    SQFT
    $359
    $/SQFT
    1929
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Amazing Opportunity To Own Large Corner Lot With Bungalow Style Units In The Heart Of Los Angeles with Development Potential!!! Property must be sold with adjacent sister property, located at 5908 S Harvard Blvd. Two duplex per lot, 1,044 sq ft each, with 2 units per building and a large backyard. Mixed use units consist of "three" 1bed/1 bath units, and "fourth" unit was recently converted to a 2bed/1bath. Property will be shown with submitted offer, pre-approval letter, POF, ficos and landlords acceptance. Buyer to verify total square feet, lot and zoning. Property subject to rent control.
    Exterior Features

    Lot Size Source Estimated Lot Size Units Square Feet Parking Features StreetGarage Parking YN Yes

    Interior Features

    Cooling None Cooling YN No Laundry Features Gas & Electric Dryer Hookup

    Property Features

    Cap Rate 7.18 Gross Multiplier 12.70 Gross Operating Income 59184.00 Improvements Amount 177079 Land Value 269244 Laundry YN Yes Net Operating Income 54184.00 Special Listing Conditions Standard Tenant Pays ElectricityCable TvGas Total Expenses 5000.00 Zoning Lar1

    Listing provided courtesy of Louise Westervelt of Apple Tree Mortgage & Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-23T11:27:04.687. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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