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Map
$1,228,529*
●
Multifamily -
Off Market
311 S Avenue 59
Los Angeles, CA 90042
4 Beds
0 Bath
$1,076,000 - $1,314,000
Reference Base Price*
2.81%
Since May 1, 2023
CA-Los Angeles
Primary Model
About This Property
NEW PRICE!! Motivated seller will contribute to a Buyer rate
buydown! Great Investment opportunity in prime Highland Park, this
Four Unit property consist of 4 large 1b 1b, 815 sq. ft units that
all include a bonus room. One unit is willing to vacate at
COE. Gated parking, large lot, and walkable to bustling Figueroa St
make this a renter's dream. There is tons of upside potential
here, and the property is currently operating at a 4.5% CAP rate.
A great addition to any portfolio, do not disturb occupants,
shown with an accepted offer only.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1948
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2023 | No longer available | - | |
| No longer available | |||
| Jan 5, 2023 | Price Decreased |
$1,195,000
↓ $54K
(4.3%)
|
|
| Price Decreased | |||
| Dec 16, 2022 | Price Decreased |
$1,249,000
↓ $46K
(3.6%)
|
|
| Price Decreased | |||
| Nov 15, 2022 | Price Decreased |
$1,295,000
↓ $100K
(7.2%)
|
|
| Price Decreased | |||
| Oct 12, 2022 | Listed | $1,395,000 | |
| Listed | |||
Property Highlights
Air Conditioning
311 S Avenue 59
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
4
Beds
4
Baths
2,667 ft²
$525/ft²
$1,400,000
Feb 2, 2023
-
$110/mo
In Contract
House
3
Beds
3
Baths
2,966 ft²
$472/ft²
$1,399,000
Jan 3, 2023
-
$110/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
10/12/2022
|
|
4 Bed
|
-
|
-
|
$1,395,000
4 Bed
-
|
-
-
|
-
|
Ryan Sypek
Compass
|
Building Info
