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3320 W 59th St, Los Angeles, CA 90043
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3320 W 59th St Los Angeles, CA 90043

$1,109,500 Sold Price as of 03/02/2022
  • 2 Beds
  • 2 Baths
  • 1,564 Sq.Ft.
Sold
$1,109,500 Sold Price as of 03/02/2022 Refinance Your Mortgage
Map preview of 3320 W 59th St, Los Angeles, CA 90043

Property Overview: 3320 W 59th St Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,564 living square feet and 6,769 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 60 unit development site, TOC TIER 4, NO parking requirements, C2 zoning, must be sold together with 3326 W. 59th St. Each lot is 6,765 square foot lot. Purchasing both will give you 13,530 square feet and both are TIER 4's. Very LOW COST PER UNIT based on the potential development. Currently there is a duplex that is in move in condition with front and back yard, detached 2 car garage, with long driveway, Gated, great location, across from the Metro, by the Crenshaw and Slauson corridor. Located by the Crenshaw/LAX transit Project, Less than 4 miles from the LA Rams SOFI STADIUM and Hollywood Park. Property will be delivered vacant. Very strong rental market, lots of new developments nearby. Easy to show, the property shows very well inside and outside. Q condition is satisfied by the purchase of both parcels. The Q condition states that frontage is to have at least 100 feet frontage and lot size to be at least 10K square feet. Both conditions are met with the purchase of both parcels. Buyer to do their own due diligence and inspections.

Listed by George Gorgy | BRE #01145543 | Premier Investors R.E., Inc.
Last checked: 8 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
6,769
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21103557
City
Los Angeles
County
Los Angeles
Time on Site
922 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3320 W 59th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet
  • Attic, Entry
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Ceiling Fan(s)
  • Window Features: Double Pane Windows, Blinds
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Gated Community
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Driveway, Garage - Two Door
Lot Information
  • Lot Features: Lawn, Landscaped, Front Yard, Back Yard
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 4005006022
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: East of Crenshaw, near Slauson and Crenshaw, South of Slauson, by the metro
View more facts & features

Local Los Angeles Agent

Sale History for 3320 W 59th St

Last sold for $1,109,500 on March 2nd, 2022

  • March, 2022

  • Mar 2, 2022

    Date

    Sold

    CRMLS: 21103557

    $1,109,500

    Price

  • Nov 9, 2021

    Date

    Active

    CRMLS: 21103557

    $1,149,000

    Price

  • August, 2018

  • Aug 31, 2018

    Date

    Sold

    CRMLS: RS18127361

    $530,000

    Price

  • Jun 25, 2018

    Date

    Pending

    CRMLS: RS18127361

    $550,000

    Price

  • Jun 5, 2018

    Date

    Active

    CRMLS: RS18127361

    $550,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent opportunity for an investor to purchase a prime LA asset with impressive rental upside situated in a blooming area of Central Los Angeles. Located near The Crenshaw/LAX Transit Project that will serve the Crenshaw District, Inglewood, Westchester and surrounding area, restaurants, shopping & Less than 4 miles from the $3 Billion L.A. Rams Stadium and Entertainment District At Hollywood Park Redevelopment. The property is in excellent condition Very clean, New paint & New Carpet features a long driveway, garage, nice landscaped yard. Each unit has a large 1 bed 1 bath & A garage. This duplex will not last!

  • August, 2018

  • Aug 31, 2018

    Date

    Sold (Public Records)

    Public Records

    $530,000

    Price

  • September, 2000

  • Sep 29, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3320 W 59th St

Assessed Value (2020): $540,600
Year Land Value Improved Value Assessed Value
2020 $408,000 $132,600 $540,600

Home Value Compared to the Market

This property vs the competition

3320 W 59th St sold on March 2, 2022 for 3.45% 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 $734.65 per/sqft which puts the price per square foot 2.69% lower than the current median sale per square foot for the city of Los Angeles.

About 3320 W 59th St

Detailed summary of property

3320 W 59th St is a multi family that recently sold in Los Angeles, CA 90043. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 1,564 living square feet, and sits on an approximately 6,769 square foot lot. 3320 W 59th St was first listed on ArdentRealEstateGroup.com on November 9, 2021. The homeowner sold the property for $1,109,500. 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 3.45% lower than the current median priced home. Local homes that are currently for sale include 3815 Don Tomaso Dr, 4080 Leimert Blvd and 6318 S Harvard Blvd. While the average home in Los Angeles, CA is selling in 92 days, 3320 W 59th St has a days on market of 35 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 3320 W 59th St Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3320 W 59th St

Public county record property details
Beds
2
Baths
2
Year built
1922
Sq. Ft.
1,564
Lot Size
6,769
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
49
APN
4005-006-022

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$965,000
Median List Price/Sq.Ft.
$612
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
86
Median Sale to List Price %
96.93%
Avg Days on Market
46
Loan Type
Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

Thinking of Selling?

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(714) 706-1823

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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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