1201 E 59th Place, Los Angeles, CA 90001

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1201 E 59th Place,Los Angeles, CA 90001
$3,575,000
  • - Beds
  • - Baths
  • 10,100 sq. ft.
  • Townhouse
  • Active
Listed by: daniel terrazas
Office: vip re firm562-231-3333
MLS#:DW26243037
Source:CRMLS

Price summary

  • Price:$3,575,000
  • Price per sq. ft.:$353.96

About this home

Newer modern 8 unit Townhome style building in the desired part of Los Angeles, bordered line with Huntington Park and only 7 miles from DTLA! Property is selling at approximately 6% CAP (real rent, real numbers). 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). Investors get to enjoy a nice cash flow off this home with an actual stabilized asset bringing in $285,900 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...

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Home facts

  • Year built:2025
  • Listing ID #:DW26243037
  • Added:1 day(s) ago
  • Updated:November 13, 2026 at 06:42 AM

Rooms and interior

  • Living area:10,100 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace
  • Central air:Yes

Structure and exterior

  • Year built:2025
  • Building area:10,100 sq. ft.
  • Lot area:0.26 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,575,000
  • Price per sq. ft.:$353.96

Features and amenities

  • Laundry features:Laundry Room

Parking

  • Total parking spaces:16
  • Garage:Yes
  • Garage spaces:12
Based on information from California Regional Multiple Listing Service, Inc. as of November 13, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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