3224 W 59th Street, Los Angeles, CA 90043

$899,000 Asking Price

2,124  sqft
Built in 1928

Potential and opportunity awaits at this prime-located duplex within walking distance of newly built Hyde Park station. This property offers an excellent opportunity for both investors and homeowners looking to maximize rental income.The front unit is a craftsman-style home. Upon entry, you are greeted by a spacious living area that seamlessly connects to the rest of the home. The kitchen features ample cabinet space, washer/dryer hookups, and a cozy dining area. This unit boasts three generously sized bedrooms and a full bathroom. The second unit is a Spanish-style home that offers two well-sized bedrooms and a full bathroom. The front yard is neatly landscaped, while the backyard provides outdoor space that can easily be revamped for relaxation and family gatherings. The property features a detached two-car garage dedicated to the front unit and a detached single-car garage dedicated to the back unit. Electricity and gas are separately metered. This property offers significant income potential post-upgrades. Whether you're looking to live in one unit while renting out the other or seeking a full rental income strategy, this duplex presents a compelling investment opportunity.


Features & Amenities

Interior

General:
All Bedrooms Down
Laundry:
In Kitchen
A/C:
false, None
Heating:
true, Wall Furnace
Fireplace:
Decorative,Family Room, Fireplace

Exterior

Pool:
None
Parking:
Parking spaces: 3

Construction

General:
1

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LAR2, 4005006013

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
Circle Real Estate, Randy Russell

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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