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

$639,000
  • 3 Beds
  • 3 Baths
  • 1,656 Sq.Ft.
For Sale
$639,000 Get Pre-Qualified
Map preview of 1745 W 59th Pl, Los Angeles, CA 90047

Property Overview: 1745 W 59th Pl Los Angeles, CA has 3 bedrooms, 3 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: Uncover a Hidden Gem at 1745 West 59th Place - Your Triplex Investment Awaits! Income-Generating Opportunity! Three Homes on A Lot!! 1745 Front House: 1 Bedrooms, 1 Bath Front Unit is actually 1 Bedroom larger unit with addition bedroom framed but not permitted. Renting for $2,000 per month Potential for Higher Returns! 1747 Middle Unit: 1 Bedroom, 1 Bath Long-term, Reliable Tenant Renting for $936 per month Stable Income Stream! 1749 Rear Unit: 1 Bedroom, 1 Bath Tenant for 19 Years! Renting for $542.86 per month Opportunity for Cash for Keys? What makes this Triplex truly captivating? The potential for increased rental income, stability, and investment value are just waiting to be discovered. Are you ready to step into the world of smart real estate investment? This Three On A Lot property at 1745 West 59th Place is your ticket to financial growth. Whether you're a seasoned investor or just starting, this Triplex promises solid returns and room for expansion. Don't miss out on this income-generating treasure! Contact our real estate expert today to schedule a viewing and unlock the full potential of 1745 West 59th Place. Invest with confidence. Invest in 1745 West 59th Place! All Information Deemed Reliable but Not Guaranteed. Buyers and Buyer's Agent to investigate all information to Buyer's Satisfaction.

Listed by Fernando Reza | BRE #01451616 | KELLER WILLIAMS COVINA
Last checked: 10 minutes ago | Last updated: April 17th, 2024 | Source CRMLS | DOM: 206
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Home details

Lot Sq. Ft
3,374
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Triplex
Status
Active
MLS#
CV23182306
City
Los Angeles
County
Los Angeles
Time on Site
209 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $542
  • Total Rent: $542
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $936
  • Total Rent: $936
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.2%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $41,746
  • Net Operating Income: $33,681
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $8,065
  • Trash: $0
  • Insurance: $5,005
  • Water/Sewer: $3,060

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Property Details for 1745 W 59th Pl

Interior Features
Laundry Information
  • Has Laundry
  • Inside, Washer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Public
Lot Information
  • Lot Features: Front Yard, Rectangular Lot, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6002008019
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Near 59th Place and Western Ave
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1745 W 59th Pl

View property's historical transactions

  • October, 2023

  • Oct 5, 2023

    Date

    Active

    CRMLS: CV23182306

    $639,000

    Price

Tax History for 1745 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

1745 W 59th Pl is listed 48.3% 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 $385.87 per/sqft which puts the price per square foot 50.08% 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 triplex located in Los Angeles, CA 90047 and is currently for sale. This triplex offers 3 bedrooms, 3 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 October 5, 2023. The homeowner is currently asking $639,000. 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 48.3% lower than the median priced home. Local competing homes currently for sale include 1507 W 51St St, 5170 S Van Ness Ave 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 206 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
--
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.
$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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Recently Sold Homes Near 1745 W 59th Pl

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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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