311 S Avenue 59

Los Angeles, CA 90042

$1,188,000

List Price

4

bed Beds

4

shower Baths

3,260 sqft

straighten / sqft

1948

calendar_month Built

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.

Listing Information

List Price $1,188,000
Status Active
MLS 24460485
Type Residential Income
Year Built 1948
Lot Size 6,599
Structure Size 3,260
Courtesy Of Compass
Listing Agent Charlie Coronado DRE#01723306
Co-Listing Agent Paul Imbro DRE#02083261

Interior Features

Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 4
Flooring Information
Material Carpet
Fireplace Information
Features None

Exterior Information

Other Structures
Features None

Maps

Listing information courtesy of: Charlie Coronado, Paul Imbro, Compass 323-841-2911. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 6th, 2024 at 12:49 AM 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.