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1358 E 59Th Pl Los Angeles, CA 90001

$560,000 Sold Price as of 08/24/2020

5 Beds
2 Baths
1,672 Sq.Ft.

Sold

$560,000 Sold Price as of 08/24/2020 Refinance Your Mortgage

Map preview of 1358 E 59Th Pl, Los Angeles, CA 90001

Property Overview: 1358 E 59Th Pl Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,672 living square feet and 5,677 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity in the city of LA close to downtown. 2 separate well kept units. Front unit offers 2 bedrooms 1 bathroom. Back unit offers 3 bedrooms 1 bathroom. Strong market rents or live in one and rent the other (cheaper then rent). Large lot, property offers lots of parking. Shows well.

Listed by Juan Avendano | BRE #01281681 | ReMax College Park Realty

Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft: 5,677
HOA Dues: $0/mo
Year built: 1950
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: DW20126261
City: Los Angeles
County: Los Angeles
Time on Site: 1224 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: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 3
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,850
Total Rent: $1,850
Pro Forma/Market Rent: $2,000

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,550
Total Rent: $1,550
Pro Forma/Market Rent: $1,700

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $40,800
Net Operating Income: $39,000
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $1,800
Electric: $0
Gas/Fuel: $0
New Taxes: $0
Trash: $500
Insurance: $1,000
Water/Sewer: $500

Property Details for 1358 E 59Th Pl

Interior Features

Laundry Information

Has Laundry
Gas Dryer Hookup, Washer Hookup

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

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: 6008025030
Year Built Source: Assessor
Property is not Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: slauson & Hooper

Neighborhood Information

Community Features: Sidewalks, Street Lights

View more facts & features

Local Los Angeles Agent

Sale History for 1358 E 59Th Pl

Last sold for $560,000 on August 24th, 2020

August, 2020
Aug 25, 2020

Date

Sold

CRMLS: DW20126261

$560,000

Price
Jul 24, 2020

Date

Pending

CRMLS: DW20126261

$549,900

Price
Jul 1, 2020

Date

Price Change

CRMLS: DW20126261

$549,900

Price
Jul 1, 2020

Date

Active

CRMLS: DW20126261

$549,900,900

Price
August, 2020
Aug 24, 2020

Date

Sold (Public Records)

Public Records

$560,000

Price
April, 2020
Apr 8, 2020

Date

Canceled

CRMLS: DW20054906

$549,900

Price
Mar 19, 2020

Date

Hold

CRMLS: DW20054906

$549,900

Price
Mar 12, 2020

Date

Active

CRMLS: DW20054906

$549,900

Price
Listing provided courtesy of CRMLS
July, 2019
Jul 24, 2019

Date

Canceled

CRMLS: DW18267248

$545,000

Price
May 9, 2019

Date

Withdrawn

CRMLS: DW18267248

$545,000

Price
Jan 23, 2019

Date

Price Change

CRMLS: DW18267248

$545,000

Price
Nov 6, 2018

Date

Active

CRMLS: DW18267248

$550,000

Price
Listing provided courtesy of CRMLS

2 Units in Los Angeles, with a roomy lot, Properties show very well, Located close proximity to Downtown LA with many entertainment venues, near public transportation, schools, shopping centers.

Continue Reading
September, 2018
Sep 19, 2018

Date

Canceled

CRMLS: DW18222614

$550,000

Price
Sep 19, 2018

Date

Hold

CRMLS: DW18222614

$550,000

Price
Sep 18, 2018

Date

Active

CRMLS: DW18222614

$550,000

Price
Sep 18, 2018

Date

Hold

CRMLS: DW18222614

$550,000

Price
Sep 15, 2018

Date

Active

CRMLS: DW18222614

$550,000

Price
Sep 14, 2018

Date

Hold

CRMLS: DW18222614

$550,000

Price
Sep 12, 2018

Date

Active

CRMLS: DW18222614

$550,000

Price
Listing provided courtesy of CRMLS

LA Duplex Great Opportunity for an Investment, Properties show very Well with strong Tenants & Stable Rents in today's Market. Located close proximity to Downtown LA with many Entertainment Venues and up coming Markets like Inglewood Future Developments.

Continue Reading
January, 2018
Jan 4, 2018

Date

Sold

CRMLS: DW17234458

$443,900

Price
Dec 19, 2017

Date

Pending

CRMLS: DW17234458

$445,000

Price
Nov 25, 2017

Date

Active Under Contract

CRMLS: DW17234458

$445,000

Price
Nov 20, 2017

Date

Hold

CRMLS: DW17234458

$445,000

Price
Nov 18, 2017

Date

Active

CRMLS: DW17234458

$445,000

Price
Nov 9, 2017

Date

Hold

CRMLS: DW17234458

$445,000

Price
Oct 26, 2017

Date

Active

CRMLS: DW17234458

$445,000

Price
Oct 24, 2017

Date

Hold

CRMLS: DW17234458

$445,000

Price
Oct 12, 2017

Date

Active

CRMLS: DW17234458

$445,000

Price
Listing provided courtesy of CRMLS

Great opportunity for home buyer to live in one unit and rent the other unit for additional income. It's cheaper than renting in today's market. Located in close proximity to thriving downtown LA with many entertainment venues and neighboring up and coming markets like Inglewood future developments, Property shows well with strong market rents and stable tenants for someone looking for investment purposes.

Continue Reading
January, 2018
Jan 3, 2018

Date

Sold (Public Records)

Public Records

$444,000

Price

Tax History for 1358 E 59Th Pl

Assessed Value (2020): $461,937

Year	Land Value	Improved Value	Assessed Value
2020	$343,332	$118,605	$461,937

Home Value Compared to the Market

This property vs the competition

1358 E 59Th Pl sold on August 24, 2020 for 53.79% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $328.89 per/sqft which puts the price per square foot 56.44% lower than the current median sale per square foot for the city of Los Angeles.

About 1358 E 59Th Pl

Detailed summary of property

1358 E 59Th Pl is a multi family that recently sold in Los Angeles, CA 90001. This multi family property offered 5 bedrooms, 2 bathrooms, roughly 1,672 living square feet, and sits on an approximately 5,677 square foot lot. 1358 E 59Th Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $560,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 53.79% lower than the current median priced home. Local homes that are currently for sale include 2411 Griffith Ave, 623 E 36th St and 440 W Gage Ave. While the average home in Los Angeles, CA is selling in 93 days, 1358 E 59Th Pl has a days on market of 21 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 1358 E 59Th Pl Los Angeles, CA 90001 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1358 E 59Th Pl

Public county record property details

Beds: 5
Baths: 2
Year built: 1950
Sq. Ft.: 1,608
Lot Size: 5,677
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 75
APN: 6008-025-030

The source for these homes facts are from public records.

90001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$550,000

Median List Price/Sq.Ft.

$467

Median Sold Price

$575,000

Median Sold Price/Sq.Ft.

$506

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), Other (14.29%)

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.