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1745 W 59th Place

Los Angeles (City), CA 90047
  • $639,000
  • STATUS: Active Under Contract
  • ON SITE: 197 Days
  • ID#: CV23182306
Under Contract
$639,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Listing Agent(s): Fernando Reza of KELLER WILLIAMS COVINA (626-966-3641)


Description

Uncover a Hidden Gem at 1745 West 59th Place - Your Triplex Investment Awaits!Income-Generating Opportunity! Three Homes on A Lot!!1745 Front House:1 Bedrooms, 1 Bath Front Unit is actually 1 Bedroom larger unit with addition bedroom framed but not permitted.Renting for $2,000 per monthPotential for Higher Returns!1747 Middle Unit:1 Bedroom, 1 BathLong-term, Reliable TenantRenting for $936 per monthStable Income Stream!1749 Rear Unit:1 Bedroom, 1 BathTenant for 19 Years!Renting for $542.86 per monthOpportunity for Cash for Keys?What makes this Triplex truly captivating? The potential for increased rental income, stability, and investment value are just waiting to be discovered.Are you ready to step into the world of smart real estate investment? This Three On A Lot property at 1745 West 59th Place is your ticket to financial growth.Whether you're a seasoned investor or just starting, this Triplex promises solid returns and room for expansion. Don't miss out on this income-generating treasure!Contact our real estate expert today to schedule a viewing and unlock the full potential of 1745 West 59th Place.Invest with confidence. Invest in 1745 West 59th Place!All Information Deemed Reliable but Not Guaranteed. Buyers and Buyer's Agent to investigate all information to Buyer's Satisfaction.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-19T18:28:35.703. 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 deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
www.bestorangecountyhomesearch.com/homes/144123446
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1745 W 59th Place Los Angeles (City), CA 90047

  • Price: $639,000
  • Status: Active Under Contract
  • On Site: 197 Days
  • ID#: CV23182306
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1924
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
Uncover a Hidden Gem at 1745 West 59th Place - Your Triplex Investment Awaits!Income-Generating Opportunity! Three Homes on A Lot!!1745 Front House:1 Bedrooms, 1 Bath Front Unit is actually 1 Bedroom larger unit with addition bedroom framed but not permitted.Renting for $2,000 per monthPotential for Higher Returns!1747 Middle Unit:1 Bedroom, 1 BathLong-term, Reliable TenantRenting for $936 per monthStable Income Stream!1749 Rear Unit:1 Bedroom, 1 BathTenant for 19 Years!Renting for $542.86 per monthOpportunity for Cash for Keys?What makes this Triplex truly captivating? The potential for increased rental income, stability, and investment value are just waiting to be discovered.Are you ready to step into the world of smart real estate investment? This Three On A Lot property at 1745 West 59th Place is your ticket to financial growth.Whether you're a seasoned investor or just starting, this Triplex promises solid returns and room for expansion. Don't miss out on this income-generating treasure!Contact our real estate expert today to schedule a viewing and unlock the full potential of 1745 West 59th Place.Invest with confidence. Invest in 1745 West 59th Place!All Information Deemed Reliable but Not Guaranteed. Buyers and Buyer's Agent to investigate all information to Buyer's Satisfaction.
Exterior Features

Entry Level 1 Entry Location 3 Entry Points Lot Features Front YardNear Public TransitRectangular Lot Number Of Separate Electric Meters 3 Parking Features Public Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Cap Rate 5.2 Common Interest None Community Features Street LightsSidewalksUrban Contingency Buyer to work with Seller to 1031 Exchange at no expense to Buyer.Seller to find replacement property Garage YN No Gross Income 3478.86 Gross Scheduled Income 41746 Insurance Expense 5005 Land Lease YN No Laundry Features Washer HookupInside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 ExchangeFHA Net Operating Income 33681 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 8065 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 0 Water Sewer Expense 3060 Water Source Public Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-19T18:28:35.703. 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 deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
 
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Doherty Real Estate Group | eXp Realty of California, Inc.
26381 Crown Valley Pkwy
Mission Viejo CA, 92691
Listing Agent(s): Fernando Reza of KELLER WILLIAMS COVINA (626-966-3641)