855.375.4001
Listing Courtesy of: Daniel Terrazas - VIP Real Estate Firm
$3,795,000 affordable loan icon Calculate Payment

1201 E 59th Place Los Angeles, CA 90001

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Industrial Residence
Beds
Baths
... Bed/Bath
10,100 Sq. Ft.

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Last updated on 1/19/2025 1:31 PM
Pre CofO sale for OPPORTUNITY ZONE Investors! New modern 8 unit apartment building in the final stages of construction in the desired part of Los Angeles, bordered line with Huntington Park and only 7 miles from DTLA! This complex is close to major transits. Only couple blocks from the Blue Line Sta...tion that has quick access to get to Downtown LA and Downtown Long Beach (76 Walk Score). This property is perfect investors who are LOOKING IN OPPORTUNITY ZONES! Yes that right, this property is located in an OZ. Investors get to enjoy a nice cash flow off this home with of a pro-forma of $309,360 in gross annual rents. Property has total of 20 bedrooms and 16 baths. All buildings offer a 3 bedroom, 2 bath (4 units 3/2) and a 2 bedroom, 2 bath (4 units 2/2). This apartment complex has all the modern touches in today’s market such as laminate flooring, recessed lighting, quarts countertops on kitchen, central AC, washroom, PAID OFF solar systems, and very low expenses as all units have separate utilities including water meters. This complex was design for you as the new owner to guarantee long terms tenants. This one spacious 11,200 lot size accommodates parking for all tenants. Property offers 12 car garage and about 7 open parking spaces. This is a big incentive for the tenants, ho Continue reading
MLS#
CRDW24217006
Property Type
Industrial
Year Built
2024
Square Feet
10,100 sq. ft
Lot Size
0.26

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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Source: Walk Score®
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Listing Courtesy of: Daniel Terrazas - VIP Real Estate Firm

Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


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This content last refreshed on 1/19/2025 1:31 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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