300 E 59Th Place, Los Angeles, CA 90003

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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.


Interior Features

Laundry Information
Location(s) None
Bedroom Information
Bedrooms 3
Bathroom Information
Bathrooms 2
Interior Information
Cooling Type None

Listing Information

Address 300 E 59Th Place
City Los Angeles
State CA
Zip 90003
County Los Angeles
Listing Agent Rafael Oseguera DRE #01269539
Courtesy Of Pacific Inter Capital Investment Soluti
List Price $650,000
Status Active
Type Residential
Structure Size 2,185
Lot Size 6,751
Year Built 1920

Listing information courtesy of: Rafael Oseguera, Pacific Inter Capital Investment Soluti. *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.