1657 E 59th St, Los Angeles, CA 90001
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1657 E 59th St Los Angeles, CA 90001

$680,000 Sold Price as of 02/10/2021
  • 6 Beds
  • 3 Baths
  • 2,685 Sq.Ft.
Sold
$680,000 Sold Price as of 02/10/2021 Refinance Your Mortgage

Map preview of 1657 E 59th St, Los Angeles, CA 90001

Property Overview: 1657 E 59th St Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,685 living square feet and 8,142 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Opportunity walk into profits with this income producing Tri-plex. Consists of main house is being used as a 4 bedroom, 1 bath. Main house has a big family kitchen with eating area, living room, 2 bedrooms are oversized with double closets and 2 regular size bedrooms. Second unit 1 bedroom 1 bath and Upstairs unit is 2 bedroom, 1 bath. There are two garages on property and a long driveway on the other side of the property. Addresses include 1657-1659 E 59th Street and 5888 Converse ave. Great opportunity in the heart of Los Angeles short distance from Downtown Los Angeles, USC campus, and more. Not in Rent Control Area

Listed by Gracie Robles | BRE #01354536 | Century 21 Masters
Co-listed by Jacqueline Robles | BRE #02104509 | Century 21 Masters
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
8,142
HOA Dues
$0/mo
Year built
1908
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
PW20244062
City
Los Angeles
County
Los Angeles
Time on Site
1212 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,000
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
  • New Taxes: $0
  • Trash: $750
  • Insurance: $1,000
  • Water/Sewer: $3,000

Property Details for 1657 E 59th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Corner Lot, Cul-De-Sac
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6008038020
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: East of Holmes ave, West of Compton and South of Gage ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 1657 E 59th St

Last sold for $680,000 on February 10th, 2021
  • February, 2021

  • Feb 11, 2021

    Date

    Sold

    CRMLS: PW20244062

    $680,000

    Price

  • Jan 28, 2021

    Date

    Pending

    CRMLS: PW20244062

    $699,999

    Price

  • Dec 19, 2020

    Date

    Active Under Contract

    CRMLS: PW20244062

    $699,999

    Price

  • Nov 21, 2020

    Date

    Active

    CRMLS: PW20244062

    $699,999

    Price

  • February, 2021

  • Feb 10, 2021

    Date

    Sold (Public Records)

    Public Records

    $680,000

    Price

  • January, 2021

  • Jan 5, 2021

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1657 E 59th St

Assessed Value (2020): $38,393
Year Land Value Improved Value Assessed Value
2020 $16,338 $22,055 $38,393

Home Value Compared to the Market

This property vs the competition

1657 E 59th St sold on February 10, 2021 for 41.18% 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 $260.71 per/sqft which puts the price per square foot 65.47% lower than the current median sale per square foot for the city of Los Angeles.

About 1657 E 59th St

Detailed summary of property

1657 E 59th St is a triplex that recently sold in Los Angeles, CA 90001. This triplex offered 6 bedrooms, 3 bathrooms, roughly 2,685 living square feet, and sits on an approximately 8,142 square foot lot. 1657 E 59th St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $680,000. 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 41.18% lower than the current median priced home. Local homes that are currently for sale include 8219-8221 Morton Ave, 1018 E 79th St and 845 E 80th St. While the average home in Los Angeles, CA is selling in 94 days, 1657 E 59th St has a days on market of 27 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1657 E 59th St 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 1657 E 59th St

Public county record property details
Beds
4
Baths
2
Year built
1908
Sq. Ft.
2,685
Lot Size
8,135
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
87
APN
6008-038-020

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.
$458
Median Sold Price
$575,000
Median Sold Price/Sq.Ft.
$506
Total Inventory
28
Median Sale to List Price %
100%
Avg Days on Market
49
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), Other (14.29%)

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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.