1959 Firestone Los Angeles, CA $ 1,045,000
1959 Firestone
$ 1,045,000
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1959 Firestone

Los Angeles, CA, 90001
$ 1,045,000
Baths1.0 Sq 1,272

Monthly Estimate*

$ 6,519

Listed by Good Opportunity Company Inc.
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1959 Firestone, Los Angeles, CA 90001 - Image 11
1959 Firestone, Los Angeles, CA 90001 - Image 12
View a Virtual Tour
Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,045,000 with 1 full bath. This 1,272 square foot home was built in 1946 on a lot size of 0.1396.

PRIME MIXED-USE INVESTMENT & DEVELOPMENT OPPORTUNITY 1959 Firestone Blvd is a high-visibility corner property featuring LCC3 high-density zoning, High TOC Tier eligibility, and inclusion in the Florence-Firestone Transit Oriented District (FFTOD) Specific Plan. Located just steps from the Metro A Line Firestone Station, this site is positioned within a rapidly improving transit corridor targeted for walkable, mixed-use growth by Los Angeles County. The property consists of an established commercial space (rented) plus two(rented) residential units, offering immediate income potential or a clear value-add opportunity. The FFTOD plan provides expanded development capacity, streamlined process, and incentives for housing production—making this an exceptional option for affordable housing, urban infill, or mixed-use redevelopment. A strong opportunity for investors, developers, or mission-driven builders seeking a transit-rich Los Angeles location with significant long-term upside.

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Multi-Family Contingent

Price

$ 1,045,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1396

Year Built

1946

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW25261032

Days on Market

36

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Possession Close Of Escrow
Garage Spaces 4
Pool Features None
Year Built 1946
Electric 220 Volts in Garage
Tenant Pays Electricity Gas Insurance Telephone Water
Property Subtype Triplex
Gross Income 98400
Community Features Curbs Storm Drain(s) Street Lights Suburban Sidewalks
County Los Angeles
Net Operating Income 82250
Operating Expense 16150
Insurance Expense 1800
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard
Status Active Under Contract
Directions Driving East to West S Alameda Right to E. 83rd St. Left on S. Fir Ave.
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 3
MLS Area C37 - Metropolitan South
Lot Size Units Square Feet
Lot Size Square Feet 6079
Carport Y/N true
Listing Terms Cash Conventional 1031 Exchange Submit
Property Attached Y/N false
Land Lease Y/N false
Current Financing Conventional
Trash Expense 1020
Water Sewer Expense 2880
Additional Parcels Y/N false
Rent Control Y/N true
Virtual Tour https://www.wellcomemat.com/mls/5e8v12b7d6df1me7e https://www.wellcomemat.com/video/5e8v12b7d6df1me7e/LA/CA/90001/Firestone/DW25261032/
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 45
Total Actual Rent 8200
Property Sub Type Additional Triplex
Taxes 10450
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Interior
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Parking Features Carport
Lot Features 2-5 Units/Acre Corner Lot Near Public Transit
Water Source Public
Total Parking 4
Lot Size Area 6079
Number of Buildings 2
Building Area Total 1272
Lot Size Acres 0.1396
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Good Opportunity Company Inc.

Broker

aarm2099@gmail.com

Email

Affordability Calculator

$6,519
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Monthly Principal & Interest
$6,519
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,045,000 Listed Price

Map


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1959 Firestone, Los Angeles, CA, 90001 is a Multi-Family Home for sale at $1,045,000 with 1,272 sqft and a lot size of 0.1396. 1959 Firestone is a studio with 1.0 baths and was built in 1946. The property's zip code is 90001 which is in Los Angeles, CA