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1059 N Stone St, Los Angeles, CA 90063
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1059 N Stone St Los Angeles, CA 90063

$1,037,500 Sold Price as of 06/22/2022
  • 7 Beds
  • 7 Baths
  • 2,004 Sq.Ft.
Sold
$1,037,500 Sold Price as of 06/22/2022 Refinance Your Mortgage
Map preview of 1059 N Stone St, Los Angeles, CA 90063

Property Overview: 1059 N Stone St Los Angeles, CA has 7 bedrooms, 7 bathrooms, 2,004 living square feet and 4,792 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Attention owner users or investors, rare opportunity to own 2 vacant and remodeled units each with 3 bedrooms + 3 baths located near LAC+USC Medical Center and General Hospital, USC Health Sciences Campus, Keck School of Medicine of USC, USC School of Pharmacy, Keck Hospital of USC and Cal State LA. Vacant and ready to lease for the current high market rents of $3,000 or more per unit! Huge basement with a bonus 3rd, 1 bedroom + 1 bath, unit in the back. Rent out all 3 units or live in one and offset your mortgage with the income from the others. Large lot with ample parking for 8 cars or more. Each unit has its own master bedroom with en-suite bath, and its own indoor laundry and beautiful, luxurious and new kitchen and bathrooms. Extensive renovations and upgrades include: foundation retrofitting, new plumbing, electrical, energy efficient double pane windows, quartz counters, modern shaker kitchen cabinets, wide plank wood flooring, and custom tile in the baths. Vacant units seldom come to market! Take advantage of the still historically low interest rates before they rise again. Schedule a tour today!

Listed by Luis Guevara | BRE #01109164 | Keller Williams Huntington Beach
Last checked: 15 minutes ago | Last updated: June 22nd, 2022 | Source CRMLS | DOM: 49

Home details

Lot Sq. Ft
4,792
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
RS22082404
City
Los Angeles
County
Los Angeles
Time on Site
798 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1059 N Stone St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Closet, Inside, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Range Hood, Water Heater
Interior Features
  • Recessed Lighting, Stone Counters
  • Levels: One
  • Window Features: Double Pane Windows
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Driveway, Concrete, Off Street, Parking Space, Private, Uncovered
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5229027033
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Property is not Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of Evergreen ave. & South of Marengo St.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1059 N Stone St

Last sold for $1,037,500 on June 22nd, 2022

  • June, 2022

  • Jun 22, 2022

    Date

    Sold

    CRMLS: RS22082404

    $1,037,500

    Price

  • Apr 25, 2022

    Date

    Active

    CRMLS: RS22082404

    $1,089,000

    Price

  • October, 2021

  • Oct 4, 2021

    Date

    Sold

    CRMLS: NP21088215

    $607,000

    Price

  • May 11, 2021

    Date

    Active Under Contract

    CRMLS: NP21088215

    $548,000

    Price

  • Apr 28, 2021

    Date

    Active

    CRMLS: NP21088215

    $548,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to own an income property in Boyle Heights. Spanish Style duplex that could use some TLC. Each unit has 2 BEDROOMS 1 BATH. The garage was converted into some sort of habitable space in the past. Tenant occupied - Drive by only. Do not disturb the Occupiers.

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Tax History for 1059 N Stone St

Assessed Value (2020): $47,580
Year Land Value Improved Value Assessed Value
2020 $19,251 $28,329 $47,580

Home Value Compared to the Market

This property vs the competition

1059 N Stone St sold on June 22, 2022 for 3.63% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $543.41 per/sqft which puts the price per square foot 27.93% lower than the current median sale per square foot for the city of Los Angeles.

About 1059 N Stone St

Detailed summary of property

1059 N Stone St is a duplex that recently sold in Los Angeles, CA 90063. This duplex offered 7 bedrooms, 7 bathrooms, roughly 2,004 living square feet, and sits on an approximately 4,792 square foot lot. 1059 N Stone St was first listed on ArdentRealEstateGroup.com on April 25, 2022. The homeowner sold the property for $1,037,500. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 3.63% lower than the current median priced home. Local homes that are currently for sale include 548 S Lorena St, 3680 E 5th St and 2850 6th St. While the average home in Los Angeles, CA is selling in 99 days, 1059 N Stone St has a days on market of 49 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1059 N Stone St Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1059 N Stone St

Public county record property details
Beds
4
Baths
3
Year built
1924
Sq. Ft.
2,004
Lot Size
4,791
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
131
APN
5229-027-033

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$641
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$633
Total Inventory
41
Median Sale to List Price %
100.01%
Avg Days on Market
35
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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