311 North Ave 59

Los Angeles, CA 90042

$1,250,000
Price
4
Beds
4
Baths
3,380 Sq. Ft.
$370 / Sq. Ft.
3,380
Sq. Ft.
$370
per Sq. Ft.

Description

Embrace the opportunity to secure a distinctive investment in the sought-after Highland Park neighborhood! This multi-family residence, boasting four one-bedroom, one-bath units, is strategically located in a rapidly expanding neighborhood. Revel in subtle yet delightful views, complementing the property's appeal. Positioned near the dynamic York Retail Corridor, Highland Park Station, Downtown Los Angeles, South Pasadena, and the San Gabriel Valley, it ensures convenient access to urban amenities....Embrace the opportunity to secure a distinctive investment in the sought-after Highland Park neighborhood! This multi-family residence, boasting four one-bedroom, one-bath units, is strategically located in a rapidly expanding neighborhood. Revel in subtle yet delightful views, complementing the property's appeal. Positioned near the dynamic York Retail Corridor, Highland Park Station, Downtown Los Angeles, South Pasadena, and the San Gabriel Valley, it ensures convenient access to urban amenities. Enjoy proximity to green spaces like the Highland Park Recreation Center and the Historic Southwest Museum, creating a perfect balance of urban and natural attractions. With easy access to the 110 freeway, this property promises not only a valuable real estate investment but also a gateway to a thriving and dynamic community. Seize this exceptional opportunity, make a prudent investment in your future, and become a part of the vibrant Garvanza neighborhood. Located in the Garvanza HPOZ.
  1. Listed by Eddy Chavarria • DRE #01040221 • Brokerage DRE #00804434 • Las Casas Realty, Inc. • 323-309-7698

Property Details for 311 North Ave 59

Parking Spaces Total
2
Private Pool
No
Total Units
4.0
Lot Size Source
Assessor
Property Attached YN
true
Common Walls
2+ Common Walls
New Construction
No
Average Studio Area Units
Square Feet

Location

Listing Courtesy of Las Casas Realty, Inc., Eddy Chavarria, DRE #01040221
Add your commute
LISTING UPDATED: 03/09/2024 10:05 PM

Property Details for 311 North Ave 59

StatusActive
MLS #GD24044873
Days on Market51
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.13 AC / 5,815 SF
CountyLos Angeles County

Location

Listing Courtesy of Las Casas Realty, Inc., Eddy Chavarria, DRE #01040221
Add your commute

Building Information for 311 North Ave 59

Stories2Residences-Year Built1922Building Size-Lot Size0.13 AC / 5,815 SF

Payment Calculator

$7,007 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$185

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 311 North Ave 59

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $53,700
  • Gross Scheduled Income: $53,700
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,700
  • Trash Expense: $1,800
  • Water Sewer Expense: $3,000
  • Total Expenses: $7,500
Tax / Assessment Info
  • Tax Tract Number: 183...
  • Tax Census Tract: 1836.20
  • CFD/Mello-Roos Fee: $433
  • Tax Lot: 12
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: Ground/Front
  • Pool Features: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Land Lease: No
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $894
  • Unit Type Total Rent: $894
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $873
  • Unit Type Total Rent: $873
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,008
  • Unit Type Total Rent: $1,008
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 311 North Ave 59

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 311 North Ave 59

Taxable ValueLand$60,060Additions$89,019Total$149,079
Tax Record2023$2,221 ($185 / month)
Home Facts
Total Finished SqFt3,380 SqFtAbove Grade Finished SqFt3,380 SqFtLot Size5,813 SqFtStyleQuadraplexYear Built1922ZoningLARD2CountyLOS ANGELESAPN5484-024-008

Schools near 311 North Ave 59

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Monte Vista Street Elementary School
PublicK to 5

Benjamin Franklin Senior High School
Public6 to 12

Highland Park Continuation School
Public9 to 12

Luther Burbank Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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311 North Ave 59 is a multi-family home for sale in Los Angeles, CA 90042. This property was listed for sale on March 9, 2024 by Las Casas Realty, Inc., it's currently listed at $1,250,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Monte Vista Street Elementary School, Benjamin Franklin Senior High School and Highland Park Continuation School. 311 North Ave 59 is a 4-bed, 4-bath, 3,380 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Las Casas Realty, Inc., Eddy Chavarria, DRE #01040221

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.