311 S Avenue 59, Los Angeles, CA 90042 – 24460485

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$1,095,000

Est. payment - /mo

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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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Dave Archuletta

First Team Real Estate

dave@thearchulettateam.com +1(949) 550-2307

UPDATED:

12/14/2024 12:50 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,260 sqft

Price per Sqft $335

MLS Listing ID 24460485

Bedrooms 4

HOA Y/N No

Year Built 1948

Lot Size 6,599 Sqft

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 632 - Highland Park

Zoning LARD1.5

Interior

Heating Wall Furnace

Flooring Carpet

Fireplaces Type None

Fireplace No

Appliance Gas Oven

Exterior

Parking Features Gated

Pool None

Community Features Gated

View Y/N No

View None

Accessibility None

Porch None

Total Parking Spaces 4

Private Pool No

Building

Faces West

Entry Level Multi/Split

Sewer Sewer Tap Paid

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5492019007

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Special Listing Condition Standard

Listed by Charlie Coronado • Compass

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Dave Archuletta

Realtor | License ID: 02092569

+1(949) 550-2307

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311 S Avenue 59 Los Angeles, CA 90042

Dave Archuletta

Key Details

Location

Interior

Exterior

Building

Others

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311 S Avenue 59