311 S Avenue 59 new

Los Angeles,CA 90042

$ 1188000

4 Beds

4 Baths

3260 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,260 sqft

Price per Sqft $364

MLS Listing ID 24-460485

Style Unknown

Bedrooms 4

Construction Status No Additions/Alter

Year Built 1948

Lot Size 6,599 Sqft

Acres 0.1515

Property Description

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.

Location

State CA

County Los Angeles

Area Highland Park

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Flooring Carpet

Fireplaces Type None

Equipment Range/Oven

Exterior

Garage Gated

Garage Spaces 4.0

Pool None

Waterfront Description None

View Y/N No

View None

Handicap Access None

Building

Sewer In Connected and Paid

Water Public

Architectural Style Unknown

Level or Stories Multi/Split

Structure Type Frame, Wood Siding

Construction Status No Additions/Alter

Others

Special Listing Condition Standard

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