1171 E 59th Place
Los Angeles, CA 90001
0.13 acres | #WS25020980
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.
Property Details
- Property SubtypeSingleFamilyResidence
- Lot DescriptionTwoToFiveUnitsAcre
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- MLS #WS25020980
- MLS #WS25020980
- Original List Price$74,900
- Acres0.1286
- Utility SourcePublic
- Cost739000
- Year Built1923
- Stories1
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: EDMOND WU (#W74500)
Listing Office: LANDMARK LENDING REALTY (#20268)
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