Property Details
About this Property
Pre CofO sale for OPPORTUNITY ZONE Investors! New modern 8 unit apartment building in the final stages of construction in the desired part of Los Angeles, bordered line with Huntington Park and only 7 miles from DTLA! This complex is close to major transits. Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (76 Walk Score). This property is perfect investors who are LOOKING IN OPPORTUNITY ZONES! Yes that right, this property is located in an OZ. Investors get to enjoy a nice cash flow off this home with of a pro-forma of $309,360 in gross annual rents. Property has total of 20 bedrooms and 16 baths. All buildings offer a 3 bedroom, 2 bath (4 units 3/2) and a 2 bedroom, 2 bath (4 units 2/2). This apartment complex has all the modern touches in today’s market such as laminate flooring, recessed lighting, quarts countertops on kitchen, central AC, washroom, PAID OFF solar systems, and very low expenses as all units have separate utilities including water meters. This complex was design for you as the new owner to guarantee long terms tenants. This one spacious 11,200 lot size accommodates parking for all tenants. Property offers 12 car garage and about 7 open parking spaces. This is a big incentive for the tenants, how
MLS Listing Information
MLS #
CRDW24215271
MLS Source
California Regional MLS
Days on Site
68
Interior Features
Cooling
Central Forced Air
Heating
Central Forced Air
Parking, School, and Other Information
Garage/Parking
Garage: 12 Car(s)
Contact Information
Listing Agent
Daniel Terrazas
VIP Real Estate Firm
License #: 02019893
Phone: (562) 231-3333
Co-Listing Agent
Rafael Alvarado
License #: 02094533
Phone: (562) 205-7372
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1201 E 59th Pl is a Residential Income in Los Angeles, CA 90001. This – square foot property sits on a 11,200 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,795,000 and was built in 2024. This address can also be written as 1201 E 59th Pl, Los Angeles, CA 90001.
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This listing information is up-to-date as of December 20, 2024. For the most current information, please contact Daniel Terrazas, (562) 231-3333
