311 S Avenue 59, Los Angeles, CA 90042 – 24-460485

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$1,095,000

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4 BD

4 BA

3,260 SqFt

Price Dropped by $93K

311 S Avenue 59 Los Angeles, CA 90042

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Michelle M Randazzo

michellesells@rpnevada.com +1(702) 412-1049

UPDATED:

12/07/2024 12:12 AM

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 $335

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

4-Plex in Highland Park Prime Opportunity for Owner Occupancy or Investment! Welcome to a rare gem in the heart of trendy Highland Park! This 4-unit property sits on a spacious corner lot, offering an excellent opportunity for savvy investors or owner-occupants looking to house hack. With one unit currently vacant, you can move in, accommodate a family member, or handpick your ideal tenant. Each apartment features 2 bedrooms and 1 bathroom, averaging a generous 806 SF per unit (per title). The layouts include one large bedroom and a versatile smaller bedroom without a closet, perfect for an office, guest room, or creative space. Two units boast charming bonus office nooks off the kitchen, adding extra flexibility for tenants who work from home. The property is designed with convenience in mind: Separate hot water heaters and meters for reduced operating costs. A closet at the end of each hallway, ideal for in-unit stackable washer/dryers.Professionally managed, ensuring low maintenance and hassle-free operations. An outdoor patio area adds to the property's appeal, offering tenants a shared recreational space perfect for barbecues, gatherings, or simply enjoying the beautiful Southern California weather. Located in a prime Highland Park neighborhood, just moments from Figueroa's vibrant shops, cafes, and nightlife, with easy access to the 110 Freeway, this property offers convenience and desirability in one of LA's most sought-after communities. Whether you're looking to live in one unit and rent out the others or add a solid income-generating property to your portfolio, this 4-plex is a rare find. Don't miss this chance to own a versatile and profitable property in one of LA's hottest markets! Schedule your showing today!

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

Parking Features 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

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

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Michelle M Randazzo

REALTOR® | RE.0196837

+1(702) 412-1049

311 S Avenue 59 Los Angeles, CA 90042

Michelle M Randazzo

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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311 S Avenue 59