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1123 W 59Th St, Los Angeles, CA 90044
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1123 W 59Th St Los Angeles, CA 90044

$615,000 Sold Price as of 06/16/2023
  • 5 Beds
  • 2 Baths
  • 1,930 Sq.Ft.
Sold
$615,000 Sold Price as of 06/16/2023 Refinance Your Mortgage
Map preview of 1123 W 59Th St, Los Angeles, CA 90044

Property Overview: 1123 W 59Th St Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,930 living square feet and 4,802 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT DUPLEX IN LOS ANGELES. GREAT OPPORTUNITY FOR AN INVESTOR LOOKING FOR A PROPERTY TO ADD TO THEIR PORTFOLIO. This property is located minutes from the new SoFi stadium, the new LAFC stadium and Downtown LA. The Front unit is equipped with 3 bedrooms 1 bathroom. It has its own laundry room that connects to the 2 car garage. Front unit has a galley kitchen and the bathroom was recently remodeled in early 2022. The front unit has Hardwood/Laminate flooring throughout the home and includes ceiling fans and a decorative fireplace in the living area. The Back unit is equipped with 2 bedrooms and 1 bathroom and also includes its own laundry hook ups. Tile flooring throughout the home. New gas lines installed in 2020 and also has a Newer Rheem Water Heater. Each unit is equipped with its own gas, electric and water meters. All utilities are separate in each unit which Is a great benefit to the new owner. This home is centrally located near schools, shopping, freeways and more! THIS PROPERTY IS PRICED TO SELL! DO NOT DISTURB OCCUPANTS

Listed by Jorge Cardenas | BRE #01937063 | Realty Masters & Associates
Co-listed by Georgina Martinez | BRE #01936976 | Realty Masters & Associates
Last checked: 14 minutes ago | Last updated: June 16th, 2023 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
4,802
HOA Dues
$0/mo
Year built
1921
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
PW23067368
City
Los Angeles
County
Los Angeles
Time on Site
472 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,575
  • Total Rent: $1,575
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,155
  • Total Rent: $1,155
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $32,760
  • Net Operating Income: $13,527
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $19,234
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $15,384
  • Water/Sewer: $0

Property Details for 1123 W 59Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • See Remarks
Room Information
  • All Bedrooms Down
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre, Front Yard, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6003006021
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, See Remarks, Sewer Available, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: West of Vermont North of Slauson
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1123 W 59Th St

Last sold for $615,000 on June 16th, 2023

  • June, 2023

  • Jun 16, 2023

    Date

    Sold

    CRMLS: PW23067368

    $615,000

    Price

  • Apr 21, 2023

    Date

    Active

    CRMLS: PW23067368

    $599,900

    Price

  • April, 2017

  • Apr 10, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2016

  • Feb 22, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1123 W 59Th St

Assessed Value (2020): $274,853
Year Land Value Improved Value Assessed Value
2020 $119,963 $154,890 $274,853

Home Value Compared to the Market

This property vs the competition

1123 W 59Th St sold on June 16, 2023 for 46.44% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $310.83 per/sqft which puts the price per square foot 57.07% lower than the current median sale per square foot for the city of Los Angeles.

About 1123 W 59Th St

Detailed summary of property

1123 W 59Th St is a duplex that recently sold in Los Angeles, CA 90044. This duplex offered 5 bedrooms, 2 bathrooms, roughly 1,930 living square feet, and sits on an approximately 4,802 square foot lot. 1123 W 59Th St was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $615,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 46.44% lower than the current median priced home. Local homes that are currently for sale include 965 W 47Th St, 1745 59th Pl and 1745 W 59th Pl. While the average home in Los Angeles, CA is selling in 106 days, 1123 W 59Th St has a days on market of 6 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1123 W 59Th St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1123 W 59Th St

Public county record property details
Beds
5
Baths
2
Year built
1921
Sq. Ft.
1,930
Lot Size
4,802
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
108
APN
6003-006-021

The source for these homes facts are from public records.

90044 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.
$515
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
88
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

Thinking of Selling?

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Thinking of Selling?
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(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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