1500 W 59th Place, Los Angeles, CA 90047

$550,000

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List Price
$550,000
Status
ACTIVE
MLS#
SR26076823
Year Built
1926
Lot Size
3,363
Acres
0.08
Lot Location
Rectangular Lot
Days on Market
28
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

Investor Special | Prime ADU Opportunity in Los Angeles! Unlock the full potential of this income-producing duplex featuring two 2-bedroom, 1 bath units (approx. 578 sq ft each) plus a detached 2-car garage, ideal for an ADU conversion. The front Unit has a Functional open layout with durable tile flooring. The Back Unit has tile flooring in main areas with a private patio, offering added privacy and strong tenant appeal. Situated in a high-demand rental area of Los Angeles, this property is perfectly positioned near shopping, dining, and public transportation, making it highly attractive for long-term​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​​​‌​​​‌‌​​​‌‌‌​​​ tenants.

Additional Information

Pool Description
None
Heat
None
Cooling Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$31,200
Operating Expense
4800

Listing courtesy of Listing Agent: Enrique Sifuentes (enriquehomes@gmail.com) from Listing Office: Pinnacle Estate Properties, Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.