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1601 W 59th Pl, Los Angeles, CA 90047
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1601 W 59th Pl Los Angeles, CA 90047

$925,000
  • 4 Beds
  • 4 Baths
  • 2,472 Sq.Ft.
For Sale
$925,000 Get Pre-Qualified
Map preview of 1601 W 59th Pl, Los Angeles, CA 90047

Property Overview: 1601 W 59th Pl Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,472 living square feet and 6,619 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Quadruplex opportunity. This property consists of 3 detached buildings - 2-duplex structures and 4 side-by-side one car garage spaces on over 6500 sqft lot. All units are 1-bedroom 1-bath with their own laundry space. Each unit is separately metered for gas and electrical. Live in one and rent the others or continue with the tenants in place. Great opportunity to convert the garages to ADU(s) for additional income. All exterior has recently gone thru stucco repairs and paint (2022), elastomeric coating on all roofs in 2022, 6 energy efficient vinyl windows replaced in 2022 for each unit, 3 units have had flooring replaced since 2021. One unit has been completely gutted and renovated in 2021 including new water lines, drainage, electrical. The garage rolling iron gate is new (2023) and a new concrete driveway space was added for additional income. Great location close to shopping two blocks away and two blocks from the upcoming METRO Rail-to-River project coming soon which makes this a great investment.

Listed by Rigoberto Barraza | BRE #01735683 | Keller Williams Pacific Estate
Last checked: 8 minutes ago | Last updated: April 24th, 2024 | Source CRMLS | DOM: 12
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Home details

Lot Sq. Ft
6,619
HOA Dues
$0/mo
Year built
1938
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
DW24080555
City
Los Angeles
County
Los Angeles
Time on Site
14 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,017
  • Total Rent: $1,017
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $640
  • Total Rent: $640
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,029
  • Total Rent: $1,029
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $2,000
  • 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: $4,886
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0

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Property Details for 1601 W 59th Pl

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 6002009035
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Cross streets are Slauson and Western ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1601 W 59th Pl

View property's historical transactions

  • April, 2024

  • Apr 22, 2024

    Date

    Active

    CRMLS: DW24080555

    $925,000

    Price

Tax History for 1601 W 59th Pl

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1601 W 59th Pl is listed 25.1% lower than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $374.19 per/sqft which puts the price per square foot 51.65% lower than the median price per square foot for the city of Los Angeles.

About 1601 W 59th Pl

Detailed summary of property

1601 W 59th Pl is a fourplex located in Los Angeles, CA 90047 and is currently for sale. This fourplex offers 4 bedrooms, 4 bathrooms, roughly 2,472 living square feet, and sits on an approximately 6,619 square foot lot. 1601 W 59th Pl was first listed on ArdentRealEstateGroup.com on April 23, 2024. The homeowner is currently asking $925,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 25.1% lower than the median priced home. Local competing homes currently for sale include 1217 W 60th Pl, 5302 S Manhattan Pl and 5419 S St Andrews Pl. While the average home in Los Angeles, CA is selling in 94 days, 1601 W 59th Pl has a days on market of 12 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1601 W 59th Pl Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1601 W 59th Pl

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$760,000
Median List Price/Sq.Ft.
$536
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$559
Total Inventory
86
Median Sale to List Price %
94.29%
Avg Days on Market
35
Loan Type
Conventional (26.32%), FHA (10.53%), VA (5.26%), Cash (26.32%), Other (0%)

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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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