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Prime Investment Opportunity! Welcome to 59th Pl, where charm meets incredible income potential in this versatile duplex! Whether you're an investor looking for a rental property or a homeowner seeking to offset the mortgage with supplemental rental income, this property offers the perfect opportunity. The front unit has been updated and features three spacious bedrooms, 1.5 baths, stylish wood laminate flooring, updated bathroom, fresh paint, and modern light fixtures. A front porch provides the perfect spot to unwind and enjoy the neighborhood's energy. The back unit is a well-appointed studio, offering a flexible layout that can cater to various tenant needs. One of the standout features of this property is the oversized detached 4-car garage, which presents incredible ADU/income potential. With the increasing demand for additional living spaces in Los Angeles, there is potential for an ADU Conversion or Addition (Buyer to Verify). The spacious lot offers ample parking and room for further expansion. Situated in the heart of Los Angeles, this duplex is conveniently located near schools, shopping, dining, and major freeways, ensuring strong tenant demand. Live in one unit and rent out the other or take advantage of its multi-unit potential to maximize rental revenue. Don't miss out on this rare opportunity whether you're looking to invest, expand, or create your dream multi-unit living space, this property offers endless possibilities!
Property Type(s):
Residential Income
| Last Updated | 2/25/2025 | Year Built | 1924 |
|---|---|---|---|
| Community | Downtown L.A. | Garage Spaces | 4.0 |
| County | Los Angeles |
SCHOOLS
| School District | Los Angeles Unified |
|---|
Additional Details
| AREA | Downtown L.A. |
|---|---|
| CONSTRUCTION | Stucco |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| INTERIOR | Beamed Ceilings, Crown Molding |
| LOT | 5040 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard |
| STORIES | 1 |
| STYLE | Bungalow |
| VIEW DESCRIPTION | None |
| ZONING | LAR2 |
Location
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Listed with Christie's International Real Estate SoCal
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