300 E 59Th Place

Los Angeles, CA 90003

PRICE REDUCED

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-$49,000 (-7.01%)

$650,000

List Price

3

bed Beds

2

shower Baths

2,185 sqft

straighten / sqft

1920

calendar_month Built

Property Description

Seize this unique multi-property development opportunity located just minutes from downtown Los Angeles in a thriving high-growth area. This prime LAR3 corner lot spans 6,751 square feet and presents the potential to develop 8 to 10 units. The 3 bedroom/ 1 bathroom home offers 1,213 sq feet. The tenant in the Auto Repair shop currently has a lease that expires soon on May 2025. Additional income is generated from the Billboard and is managed by Lamar. Close proximity to stores, shops, transportation, and freeways. Seller is very motivated! Submit your offer! All offers will be responded to within 48 hours.

Listing Information

List Price $650,000
Status Active
MLS 24438731
Type Residential
Year Built 1920
Lot Size 6,751
Structure Size 2,185
DOM 145
Courtesy Of Pacific Inter Capital Investment Soluti
Listing Agent Rafael Oseguera DRE#01269539

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 2
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Rafael Oseguera, Pacific Inter Capital Investment Soluti 323-819-4086. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 3rd, 2025 at 9:30 PM 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.