About 311 Avenue 59
1 UNIT CURRENTLY VACANT! Perfect for owner occupancy, family member, or choose your own tenant! Rare opportunity to buy a turnkey 4plex in hip Highland Park on a large corner lot with parking! All apartments are 2 bedroom and 1 bathroom, and the spacious units average 806 SF each per title. Each apartment has one large bedroom and one smaller bedroom with no closet. Two apartments have small office areas off the kitchen, and all units have a closet at the end of the hallway that would be prefect for in unit stackable washer/dryers. There are separate hot water heaters and meters, and the property is professionally managed. Expenses are naturally low on a building like this. This property is in a prime area of Highland Park near Figueroa and with easy access to the 110 Freeway. All in all, this is an excellent investment in a stellar location.
Features of 311 Avenue 59
| MLS® # | 24421267 |
|---|---|
| Price | $1,195,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Square Footage | 3,260 |
| Acres | 0.15 |
| Year Built | 1948 |
| Type | Residential Income |
| Style | Mid-Century Modern |
| Status | Active |
Community Information
| Address | 311 Avenue 59 |
|---|---|
| Area | 632 - Highland Park |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90042 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Gated |
| Garages | Gated |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Carpet, Tile |
|---|---|
| Appliances | Disposal, Gas Oven |
| Heating | Natural Gas, Wall Furnace |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Stucco |
|---|---|
| Roof | Composition, Shingle |
| Construction | Stucco |
| Foundation | Raised |
School Information
| District | Los Angeles Unified |
|---|
Additional Information
| Date Listed | July 30th, 2024 |
|---|---|
| Days on Market | 68 |
| Zoning | LARD1.5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Dana Coronado |
|---|---|
| Office | Compass |