300 E 59th Place

Los Angeles, CA 90003
$699,000
2185 sqft | 3 beds | 2 baths | 0.16 acres | #24438731
Courtesy of Pacific Inter Capital Investment Soluti

Description

This mixed-use property presents an exceptional opportunity for savvy investors/developers to capitalize on this unique corner lot measuring 6,751 square feet and Zoned LAR3. Two separate structures with their own address (300 E. 59th Pl & 5960 San Pedro St). The home features 3 bedrooms and 1 bath with 1,261sq feet of living space. The Auto Repair structure has a bldg. size of 972 square feet. The Auto Repair business/equipment is not owned by sellers. The home is currently tenant occupied on a month-to-month basis. The auto repair has a lease agreement which ends in February 2025. There is an existing Ad billboard on the property managed by LAMAR, on a month-to-month basis. Minutes from DTLA, close proximity to stores, shops, transportation and major freeways.

  • Property Details
      • Bedrooms:3
      • Bathrooms:2
      • Full Baths:2
      • Stories:1
      • Acres:0.155
      • Square Feet:2185
      • Property type:Purchase
      • Year built:1920
      • County:Los Angeles
      • Original List Price:$699, 000
      • MLS #:24438731
      • Cost:699000
      • Property subtype:Residential
      • MLS #:24438731

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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