1171 E 59Th Place, Los Angeles, CA 90001
-
Listed Price :
$749,000
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Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1923
Property Description
Perfect project for investors who want to build and own for high returns. The property comes with RTI for five units in the County of LA which is much more difficult to entitle and does not fall under city of LA jurisdiction. Designed for affordable and quick development. Three buildings. Two duplexes and one ADU for a total of 8220 sq ft with 23 beds and 23 baths. These plans allow for property development that maximizes rents with master leasing via the city or other leasing program. Do not disturb the tenant. The property will be delivered vacant at the end of escrow.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
1171 E 59Th Place |
| City |
Los Angeles |
| State |
CA |
| Zip |
90001 |
| County |
Los Angeles |
| Listing Agent |
EDMOND WU DRE #01373930 |
| Courtesy Of |
LANDMARK LENDING REALTY |
| List Price |
$749,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Single Family Residence |
| Structure Size |
N/A |
| Lot Size |
5,602 |
| Year Built |
1923 |
Listing information courtesy of: EDMOND WU, LANDMARK LENDING REALTY. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 30th, 2025 at 3:01 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.
