311 S Avenue 59 Active

Los Angeles,CA 90042

$ 1195000

8 Beds

4 Baths

3260 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,260 sqft

Price per Sqft $366

MLS Listing ID 24421267

Bedrooms 8

Year Built 1948

Lot Size 6,599 Sqft

Property Description

1 UNIT CURRENTLY VACANT! Perfect for owner occupancy, family member, or choose your own tenant! 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 632 - Highland Park

Zoning LARD1.5

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating Natural Gas,Wall Furnace

Flooring Carpet,Tile

Fireplaces Type None

Laundry None

Exterior

Garage Gated

Pool None

Community Features Gated

View Y/N No

View None

Roof Type Composition,Shingle

Building

Story 2

Foundation Raised

Sewer Sewer Tap Paid

New Construction No

Schools

School District Los Angeles Unified

Others

Acceptable Financing FHA

Listing Terms FHA

Special Listing Condition Standard

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