Search
1959 Firestone Blvd, Los Angeles, CA 90001
Image 2 for 1959 Firestone Blvd, Los Angeles, CA 90001
Image 3 for 1959 Firestone Blvd, Los Angeles, CA 90001
View Photos

1959 Firestone Blvd Los Angeles, CA 90001

$700,000 Sold Price as of 12/05/2023
  • 1 Beds
  • 3 Baths
  • 1,634 Sq.Ft.
Sold
$700,000 Sold Price as of 12/05/2023 Refinance Your Mortgage
Map preview of 1959 Firestone Blvd, Los Angeles, CA 90001

Property Overview: 1959 Firestone Blvd Los Angeles, CA has 1 bedrooms, 3 bathrooms, 1,634 living square feet and 6,079 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 1959 Firestone Blvd, a unique opportunity to own a multi-unit property in the heart of the city. This property is conveniently located on a major Street, near shops, restaurants, and public transportation, making it a great investment. It consists of three income-producing units, including a commercial mechanic shop and two Residential units (1bed/1bath) + (Studio). The residential area measures 674 Sqft, the Commercial area consists of a 360 Sqft Double Garage/Car Bays + a 600 Sqft Store Front, all on a 6,079 Sqft Corner Lot. The main unit has been an Auto shop for many years, it is leased Month to Month tenant. This unit features a large workspace with plenty of room for tools and equipment. There is also a small office area, a restroom, and a storage area. (Buyer to verify zoning) The two Detached units are independently located in the rear. The first unit is a Single Unit with Kitchen and bathroom, the second unit has a full bedroom, kitchen and bathroom, the units will be delivered vacant and are ideal for new tenants who are looking for a good deal in the city. The units need some work, but present a Great opportunity for an investor that is looking for Upside potential. This is a great investment opportunity for someone looking to own a multi-unit property. With a price of $725,000, you can't go wrong. Don't miss out on this unique opportunity to own a piece of Los Angeles.

Listed by Coral Romero | BRE #01914785 | Good Opportunity Homes & Investments
Last checked: 12 minutes ago | Last updated: March 20th, 2024 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
6,079
HOA Dues
$0/mo
Year built
1946
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
DW23221620
City
Los Angeles
County
Los Angeles
Time on Site
155 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 6
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,000
  • Total Rent: $5,000
  • Pro Forma/Market Rent: $5,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $60,000
  • Net Operating Income: $48,040
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $11,960
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $7,500
  • Trash: $1,500
  • Insurance: $2,000
  • Water/Sewer: $960

Property Details for 1959 Firestone Blvd

Interior Features
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre, Near Public Transit, No Landscaping, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6026028015
  • 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: Firestone & Fir
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1959 Firestone Blvd

Last leased for $5,000 on March 20th, 2024

  • March, 2024

  • Mar 20, 2024

    Date

    Leased

    CRMLS: DW24052754

    $5,000

    Price

  • Mar 15, 2024

    Date

    Active

    CRMLS: DW24052754

    $5,000

    Price

  • Listing provided courtesy of CRMLS

    Commercial Yard, Corner Lot Available for immediate Use. The location includes 5 car bays, parking and a corner building. 1 year + lease available. The property has two entrances Firestone & Fir. Hoist Included. Mechanic or body shop not permitted.

  • December, 2023

  • Dec 5, 2023

    Date

    Active

    CRMLS: DW23221620

    $720,000

    Price

  • Dec 5, 2023

    Date

    Sold

    CRMLS: DW23221620

    $700,000

    Price

  • August, 2023

  • Aug 1, 2023

    Date

    Expired

    CRMLS: PW22195531

    $750,000

    Price

  • Sep 6, 2022

    Date

    Active

    CRMLS: PW22195531

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    Attention Investors, Business Owners, or any one with a vision for investment, Great location in a busy intersection. 3 Units mixed use property one of the units is vacant and the other two are month to month leases. “No long-term lease” , live on the back and have your business on the front no more worries about driving long distances to work .Front building is the tire shop. It includes a garage and in the back of the property 2 units.

  • May, 2023

  • May 25, 2023

    Date

    Canceled

    CRMLS: DW23065233

    $725,000

    Price

  • Apr 18, 2023

    Date

    Active

    CRMLS: DW23065233

    $725,000

    Price

  • Listing provided courtesy of CRMLS

  • September, 2022

  • Sep 2, 2022

    Date

    Expired

    CRMLS: HD22057612

    $799,000

    Price

  • Mar 22, 2022

    Date

    Active

    CRMLS: HD22057612

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    Three in one. Front building tire shop it includes garage and in the back of property studio and one bedroom one bathroom, totaling 3074 square feet.This property is located in a busy intersection with lots of potential for a prosperous business. Tire shop currently generating $18000.00 plus monthly, back rentals currently generating close to $ 2000.00 a month. 1959 Firestone Blvd is a 5 minute from the Metro - A- Line (Blue) at the Firestone Station Stop. Near by parks include: Leon H. Washington Park, Roosevelt Park and Watts Senior Center. Motivated seller call me to schedule an appointment asap.

  • November, 1994

  • Nov 8, 1994

    Date

    Sold (Public Records)

    Public Records

    $306,818

    Price

  • October, 1994

  • Oct 20, 1994

    Date

    Sold (Public Records)

    Public Records

    $125,000

    Price

Show More

Tax History for 1959 Firestone Blvd

Assessed Value (2020): $284,579
Year Land Value Improved Value Assessed Value
2020 $211,197 $73,382 $284,579

Home Value Compared to the Market

This property vs the competition

1959 Firestone Blvd sold on December 5, 2023 for 39.5% 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 $440.64 per/sqft which puts the price per square foot 41.64% lower than the current median sale per square foot for the city of Los Angeles.

About 1959 Firestone Blvd

Detailed summary of property

1959 Firestone Blvd is a mixed use that recently sold in Los Angeles, CA 90001. This mixed use property offered 1 bedrooms, 3 bathrooms, roughly 1,634 living square feet, and sits on an approximately 6,079 square foot lot. 1959 Firestone Blvd was first listed on ArdentRealEstateGroup.com on December 6, 2023. The homeowner sold the property for $700,000. 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 39.5% lower than the current median priced home. Local homes that are currently for sale include 820 Columbia Ave, 5718 E Beverly Blvd and 619 Cedar Ave. 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 1959 Firestone Blvd 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 1959 Firestone Blvd

Public county record property details
Beds
--
Baths
--
Year built
1946
Sq. Ft.
1,274
Lot Size
6,078
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
44,45
APN
6026-028-015

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
$589,999
Median List Price/Sq.Ft.
$540
Median Sold Price
$575,000
Median Sold Price/Sq.Ft.
$506
Total Inventory
31
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%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1959 Firestone Blvd

Nearby Homes for Sale

6007 Holmes Ave, Los Angeles, CA 90001
$699,000
10 Beds
5 Baths
2 Sq.Ft.
6007 Holmes Ave
Los Angeles, CA 90001
11108 S Avalon Blvd, Los Angeles, CA 90061
$650,000
0 Beds
0 Baths
1232 Sq.Ft.
11108 S Avalon Blvd
Los Angeles, CA 90061
1547 E 41st St, Los Angeles, CA 90011
$560,000
4 Beds
3 Baths
1008 Sq.Ft.
1547 E 41st St
Los Angeles, CA 90011
1140 W 89th St, Los Angeles, CA 90044
$749,000
3 Beds
0 Baths
1062 Sq.Ft.
1140 W 89th St
Los Angeles, CA 90044
3306 E 8th St, Los Angeles, CA 90023
$675,000
2 Beds
2 Baths
2073 Sq.Ft.
3306 E 8th St
Los Angeles, CA 90023
3236 E 5th St, Los Angeles, CA 90063
$730,000
8 Beds
0 Baths
3028 Sq.Ft.
3236 E 5th St
Los Angeles, CA 90063
1607 E 4th St, Los Angeles, CA 90033
$600,000
2 Beds
1 Baths
2398 Sq.Ft.
1607 E 4th St
Los Angeles, CA 90033
Open Sat 2pm-5pm
849 S Broadway #307, Los Angeles, CA 90014
$810,000
1 Beds
1 Baths
1130 Sq.Ft.
849 S Broadway #307
Los Angeles, CA 90014
420 S San Pedro St #420, Los Angeles, CA 90013
$589,000
1 Beds
1 Baths
1140 Sq.Ft.
420 S San Pedro St #420
Los Angeles, CA 90013
1100 S Hope St #510, Los Angeles, CA 90015
$620,000
1 Beds
1 Baths
1048 Sq.Ft.
1100 S Hope St #510
Los Angeles, CA 90015
300 S Pecan St, Los Angeles, CA 90033
$599,999
2 Beds
1 Baths
1306 Sq.Ft.
300 S Pecan St
Los Angeles, CA 90033
801 S Grand Ave #1904, Los Angeles, CA 90017
$795,000
2 Beds
2 Baths
1443 Sq.Ft.
801 S Grand Ave #1904
Los Angeles, CA 90017

Recently Sold Homes Near 1959 Firestone Blvd

9308 Holmes Ave, Los Angeles, CA 90002
$940,000 Last Sold Price
6 Beds
5 Baths
2552 Sq.Ft.
9308 Holmes Ave
Los Angeles, CA 90002
9502 Anzac Ave, Los Angeles, CA 90002
$550,000 Last Sold Price
3 Beds
1 Baths
1612 Sq.Ft.
9502 Anzac Ave
Los Angeles, CA 90002
1219 E 84th Street, Los Angeles, CA 90001
$725,000 Last Sold Price
7 Beds
5 Baths
3380 Sq.Ft.
1219 E 84th Street
Los Angeles, CA 90001
1158 E 88th Pl, Los Angeles, CA 90002
$789,000 Last Sold Price
3 Beds
2 Baths
2891 Sq.Ft.
1158 E 88th Pl
Los Angeles, CA 90002

Related Resources to 1959 Firestone Blvd

New Listings in 90001
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote