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1745 W 59th Pl, Los Angeles, CA 90047
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1745 W 59th Pl Los Angeles, CA 90047

$675,500
  • -- Beds
  • -- Baths
  • 1,656 Sq.Ft.
For Sale
$675,500 Get Pre-Qualified
Map preview of 1745 W 59th Pl, Los Angeles, CA 90047

Property Overview: 1745 W 59th Pl Los Angeles, CA has -- bedrooms, -- bathrooms, 1,656 living square feet and 3,374 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: Investment property with a lot of Potential, all units are occupied. Perfect for first time buyers, you could live in one unit and rent the others two unit.

Listed by R. J. Rodriguez | BRE #01293177 | Premier Century Real Estate Se
Last checked: 4 minutes ago | Last updated: May 25th, 2022 | Source CRMLS | DOM: 798
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Home details

Lot Sq. Ft
3,374
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
ML81873697
City
Los Angeles
County
Los Angeles
Time on Site
845 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.58%
  • Gross Rent Multiplier: 16.17
  • Gross Scheduled Income: $41,772
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $0
  • Insurance: $1,404
  • Maintenance: $0
  • Professional Management: $0

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Property Details for 1745 W 59th Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Exterior Features
Exterior Information
  • Roof: Composition
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 6002-008-019
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Utilities: Natural Gas Available
View more facts & features

Local Los Angeles Agent

Sale History for 1745 W 59th Pl

Last sold for $560,000 on January 12th, 2021

  • January, 2023

  • Jan 17, 2023

    Date

    Canceled

    CRMLS: PW22182151

    $670,000

    Price

  • Aug 17, 2022

    Date

    Active

    CRMLS: PW22182151

    $670,000

    Price

  • Listing provided courtesy of CRMLS

    All units are occupied. Here is the opportunity to have an income-producing asset. You can also live in one of the units and rent the other two. These are close to USC University. Great Traffic.

  • August, 2022

  • Aug 1, 2022

    Date

    Expired

    CRMLS: ML81873697

    $675,500

    Price

  • Jan 6, 2022

    Date

    Active

    CRMLS: ML81873697

    $725,000

    Price

  • Listing provided courtesy of CRMLS

  • April, 2022

  • Apr 13, 2022

    Date

    Price Change

    CRMLS: ML81873697

    $675,500

    Price

  • January, 2021

  • Jan 13, 2021

    Date

    Sold

    CRMLS: BB20215645

    $560,000

    Price

  • Oct 13, 2020

    Date

    Active

    CRMLS: BB20215645

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    Back on the market, 3 units in one lot, front unit 2 bedrooms and 1 bathroom, 2 rear units are 1 bedroom and 1 bathroom each. Well situated near USC, and growing Downtown Los Angeles, shopping centers with various eateries nearby, easy access to 10 and 110 freeways. Perfect for the first time buyer, live in one and rent the other 2 units.

  • January, 2021

  • Jan 12, 2021

    Date

    Sold (Public Records)

    Public Records

    $560,000

    Price

  • October, 2020

  • Oct 10, 2020

    Date

    Expired

    CRMLS: BB19216833

    $599,000

    Price

  • Oct 10, 2020

    Date

    Active

    CRMLS: BB19216833

    $599,000

    Price

  • Sep 12, 2020

    Date

    Pending

    CRMLS: BB19216833

    $599,000

    Price

  • Jul 30, 2020

    Date

    Active Under Contract

    CRMLS: BB19216833

    $599,000

    Price

  • Dec 16, 2019

    Date

    Price Change

    CRMLS: BB19216833

    $599,000

    Price

  • Sep 11, 2019

    Date

    Active

    CRMLS: BB19216833

    $699,000

    Price

  • Listing provided courtesy of CRMLS

    Reduced Price for this 3 separated units in one lot, front unit is a 2 bedroom and 1 bathroom and 2 rear units are 1 bedroom, 1 bath each. This well situated investment property its perfect for the first time buyer to live in one and receive rent from the other 2 units and or for the savvy investor to add to his portfolio. Nearby you will find a shopping center, its minutes to USC, minutes to growing downtown Los Angeles. Metro station is nearby to take you to the ocean cities or downtown LA.

  • March, 2018

  • Mar 29, 2018

    Date

    Canceled

    CRMLS: BB17104237

    $500,000

    Price

  • May 19, 2017

    Date

    Price Change

    CRMLS: BB17104237

    $500,000

    Price

  • May 11, 2017

    Date

    Active

    CRMLS: BB17104237

    $499,950

    Price

  • Listing provided courtesy of CRMLS

    Standard Sale, 3 separated units consisting of 2 bedrooms 1 bathroom, 1 bedroom 1 bathroom and 1 bedroom 1 bathroom, all units occupied. Good rental area of Los Angeles within walking distance of major shopping center, also close to all amenities of downtown Los Angeles, USC, etc. Drive by and see for yourself, do not disturb occupants.

  • May, 2015

  • May 28, 2015

    Date

    Sold (Public Records)

    Public Records

    $360,000

    Price

Show More

Tax History for 1745 W 59th Pl

Assessed Value (2020): $395,614
Year Land Value Improved Value Assessed Value
2020 $285,722 $109,892 $395,614

Home Value Compared to the Market

This property vs the competition

1745 W 59th Pl is listed 45.35% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $407.91 per/sqft which puts the price per square foot 47.23% lower than the median price per square foot for the city of Los Angeles.

About 1745 W 59th Pl

Detailed summary of property

1745 W 59th Pl is a multi family located in Los Angeles, CA 90047 and is currently for sale. This multi family property offers -- bedrooms, -- bathrooms, roughly 1,656 living square feet, and sits on an approximately 3,374 square foot lot. 1745 W 59th Pl was first listed on ArdentRealEstateGroup.com on January 7, 2022. The homeowner is currently asking $675,500 and was originally asking $725,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 45.35% lower than the median priced home. Local competing homes currently for sale include 1507 W 51St St, 1507 W 51St St and 1253 W 65th St. While the average home in Los Angeles, CA is selling in 96 days, 1745 W 59th Pl has a days on market of 798 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 1745 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 1745 W 59th Pl

Public county record property details
Beds
4
Baths
3
Year built
1924
Sq. Ft.
1,656
Lot Size
3,373
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
45
APN
6002-008-019

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.
$538
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$559
Total Inventory
85
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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