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407 E 59th Pl, Los Angeles, CA 90003
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407 E 59th Pl Los Angeles, CA 90003

$774,000 Sold Price as of 03/28/2019
  • 10 Beds
  • 6 Baths
  • 3,509 Sq.Ft.
Sold
$774,000 Sold Price as of 03/28/2019 Refinance Your Mortgage
Map preview of 407 E 59th Pl, Los Angeles, CA 90003

Property Overview: 407 E 59th Pl Los Angeles, CA has 10 bedrooms, 6 bathrooms, 3,509 living square feet and 5,217 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fabulous Investment Opportunity for this Duplex with NO RENT CONTROL! Each Unit Features: 5 Bedrooms, 3 Bathrooms with One Bedroom and Full Bathroom Downstairs, Large Spacious Kitchen, Upstairs Laundry Area, Master Bedroom/Bathroom in Each Unit and Fenced Yard Area. The Duplex is improved with a 2 Car Garage and plenty of parking on the long driveway. Conveniently located to Los Angeles International Airport, Freeways, Railway Transit Lines, Neighborhood Shopping and Public Transportation. Units are currently occupied on a month to month basis.

Listed by MONICA DIAZ | BRE #01293082 | EXP REALTY OF CALIFORNIA INC
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 37

Home details

Lot Sq. Ft
5,217
HOA Dues
$0/mo
Year built
2015
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
CV19016335
City
Los Angeles
County
Los Angeles
Time on Site
1215 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $64,800
  • Net Operating Income: $51,755
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,045
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $3,746
  • Trash: $0
  • Gardener: $715
  • Insurance: $2,638
  • Maintenance: $2,838
  • Professional Management: $3,108
  • Water/Sewer: $0

Property Details for 407 E 59th Pl

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area, Upper Level
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Front Yard, Rectangular Lot
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6006031043
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Slauson, East of San Pedro Street, North of Gage, West of Avalon
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 407 E 59th Pl

Last sold on June 4th, 2020

  • June, 2020

  • Jun 4, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2019

  • Mar 29, 2019

    Date

    Sold

    CRMLS: CV19016335

    $774,000

    Price

  • Mar 22, 2019

    Date

    Pending

    CRMLS: CV19016335

    $778,000

    Price

  • Feb 27, 2019

    Date

    Active Under Contract

    CRMLS: CV19016335

    $778,000

    Price

  • Feb 21, 2019

    Date

    Active

    CRMLS: CV19016335

    $778,000

    Price

  • Feb 5, 2019

    Date

    Active Under Contract

    CRMLS: CV19016335

    $778,000

    Price

  • Jan 22, 2019

    Date

    Active

    CRMLS: CV19016335

    $778,000

    Price

  • March, 2019

  • Mar 28, 2019

    Date

    Sold (Public Records)

    Public Records

    $774,000

    Price

Show More

Tax History for 407 E 59th Pl

Assessed Value (2020): $789,480
Year Land Value Improved Value Assessed Value
2020 $432,480 $357,000 $789,480

Home Value Compared to the Market

This property vs the competition

407 E 59th Pl sold on March 28, 2019 for 34.62% 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 $221.72 per/sqft which puts the price per square foot 70.63% lower than the current median sale per square foot for the city of Los Angeles.

About 407 E 59th Pl

Detailed summary of property

407 E 59th Pl is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 10 bedrooms, 6 bathrooms, roughly 3,509 living square feet, and sits on an approximately 5,217 square foot lot. 407 E 59th Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $774,000. 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 34.62% lower than the current median priced home. Local homes that are currently for sale include 4918 Wadsworth Ave, 232 W 49th St and 6207 S Figueroa St. While the average home in Los Angeles, CA is selling in 93 days, 407 E 59th Pl has a days on market of 37 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 407 E 59th Pl Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 407 E 59th Pl

Public county record property details
Beds
10
Baths
6
Year built
2015
Sq. Ft.
3,509
Lot Size
5,217
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
6006-031-043

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$590,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
39
Median Sale to List Price %
100%
Avg Days on Market
66
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (16.67%)

Thinking of Selling?

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Homes for Sale Near 407 E 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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