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Gated Quadplex Investment
For Sale
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311 S Ave 59, Los Angeles, CA 90042

Four large one-bedroom units with bonus rooms and gated parking on a large lot, offered for sale.

Property SizeContact for details
Days on Market136

Property Features for 311 S Ave 59

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Compass
Listed By: Ryan Sypek · License #CA
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 11:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This four-unit quadplex includes four large 1-bedroom, 1-bath units, each with a bonus room. The property contains 815 square-foot units. One unit is willing to vacate at COE, providing potential flexibility for the new owner.

The building is set on a large lot with gated parking. It is described as walkable to Figueroa St.

This offering is presented as an investment opportunity currently operating at a 4.5% CAP rate. Showings require an accepted offer, and occupants should not be disturbed.

Key Highlights

  • Four‑unit property with 4 large 1‑bedroom units, each 815 sq. ft, plus a bonus room
  • Current operating CAP rate listed as 4.5%
  • Gated parking and a large lot

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Electrical Service Travel Agency Auto Parts Store (Bike/Boat/Book/etc) Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,273
Businesses Nearby

Demographics for 90042, CA

58,295
Population
22,630
Households
2.6
Avg Household Size
37
Median Age
40%
College-Educated
81%
High-School Grad
4.5 sq mi
ZIP Area
12,954
Density / Sq Mi
$94,401
Median Household Income
$49,804
Median Earnings
$1,853
Median Rent
$940,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four large one-bedroom units with bonus rooms and gated parking on a large lot, offered for sale.
Where is this quadplex located?
The property is located at 311 S Ave 59 Los Angeles, CA.
What are key features of this property?
This property features: Four‑unit property with 4 large 1‑bedroom units, each 815 sq. ft, plus a bonus room; Current operating CAP rate listed as 4.5%; Gated parking and a large lot
(323) 285-3405 Call to check price and availability
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