454 W 59Th Pl, Los Angeles, CA 90003
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454 W 59Th Pl Los Angeles, CA 90003

$785,000 Sold Price as of 01/11/2022
  • 3 Beds
  • 6 Baths
  • 1,821 Sq.Ft.
Sold
$785,000 Sold Price as of 01/11/2022 Refinance Your Mortgage

Map preview of 454 W 59Th Pl, Los Angeles, CA 90003

Property Overview: 454 W 59Th Pl Los Angeles, CA has 3 bedrooms, 6 bathrooms, 1,821 living square feet and 5,427 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Back on the Market! Buyer Could Not perform! Hurry Wont last! Welcome to 454 West 59th Place! Newly Rehabilitated Tri-Plex in the highly sought out South Figueroa Corridor. Located minutes from the 110 freeway, 5 Minute drive to La Memorial Coliseum/ New Banc of California Stadium and USC. This Tri Plex is perfect for any home owner looking for an Income producing property or Investor looking for a Cash Flowing Property in a highly desired Area. This property was Brought back to life and features brand new Copper plumbing, electrical, new flooring, newly added security gate, updated security doors, and much more. The front house features 3 bedrooms and 1 bathroom with an in laundry area. The back two units are studio style units with their own prospective kitchens and bathrooms. This immense property has plenty of parking to fit many vehicles desired on the lot and a driveway that leads to the back. Lastly the property features a 1 car Garage that could be converted into an ADU. The property has ability for fourth unit if so desired. Please verify with city of Los Angeles. Can't wait to see you there!

Listed by Bryant Velez | BRE #01980972 | Blukey Investments Corp
Last checked: 3 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
5,427
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21796492
City
Los Angeles
County
Los Angeles
Time on Site
937 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $3,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $1,500
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11
  • Gross Scheduled Income: --
  • Net Operating Income: $68,400
  • Gross Operating Income: $68,400
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 454 W 59Th Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace, Fireplace(s)
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Laminate, Tile, Carpet
  • Living Room, Master Bathroom, Walk-In Closet, Attic
Kitchen Information
  • Has Appliances
  • Oven
Interior Features
  • Open Floorplan
  • Security Features: Gated Community, Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Covered, Controlled Entrance, Street, Gated, Garage, Garage - Single Door, Driveway, Private, RV Potential, Concrete
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 6004038006
  • Architectural Style: Bungalow
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
  • Water Source: Private
Location / Neighborhood
Location Information
  • Directions: Located a few minutes off the 110 freeway in between Figueroa St and Flower St. Located in South Figueroa Corridor
View more facts & features

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Sale History for 454 W 59Th Pl

Last sold for $785,000 on January 11th, 2022
  • January, 2022

  • Jan 11, 2022

    Date

    Sold

    CRMLS: 21796492

    $785,000

    Price

  • Oct 18, 2021

    Date

    Active

    CRMLS: 21796492

    $775,000

    Price

  • October, 2021

  • Oct 20, 2021

    Date

    Canceled

    CRMLS: 21788632

    $775,000

    Price

  • Sep 28, 2021

    Date

    Active

    CRMLS: 21788632

    $775,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 454 West 59th Place! Newly Rehabilitated Tri-Plex in the highly sought out South Figueroa Corridor. Located minutes from the 110 freeway, 5 Minute drive to La Memorial Coliseum/ New Banc of California Stadium and USC. This Tri Plex is perfect for any home owner looking for an Income producing property or Investor looking for a Cash Flowing Property in a highly desired Area. This property was Brought back to life and features brand new Copper plumbing, electrical, new flooring, newly added security gate, updated security doors, and much more. The front house features 3 bedrooms and 1 bathroom with an in laundry area. The back two units are studio style units with their own prospective kitchens and bathrooms. This immense property has plenty of parking to fit many vehicles desired on the lot and a driveway that leads to the back. Lastly the property features a 1 car Garage that could be converted into an ADU. The property has ability for fourth unit if so desired. Please verify with city of Los Angeles. Can't wait to see you there!

  • September, 2021

  • Sep 3, 2021

    Date

    Sold

    CRMLS: 21697402

    $553,000

    Price

  • Apr 8, 2021

    Date

    Pending

    CRMLS: 21697402

    $553,000

    Price

  • Feb 24, 2021

    Date

    Active Under Contract

    CRMLS: 21697402

    $553,000

    Price

  • Listing provided courtesy of CRMLS

    Highly sought out Traditional Vacant Triplex for sale! Located in the Downtown Los Angeles area perfect for a long term investor or family who would like rental income while living in one unit. B. Front house is in fair condition and will be delivered vacant. Limited Showings. Call as soon as possible to schedule showing.

  • March, 2021

  • Mar 1, 2021

    Date

    Expired

    CRMLS: 21687566

    $600,000

    Price

  • Feb 11, 2021

    Date

    Withdrawn

    CRMLS: 21687566

    $600,000

    Price

  • Feb 2, 2021

    Date

    Hold

    CRMLS: 21687566

    $600,000

    Price

  • Feb 1, 2021

    Date

    Active

    CRMLS: 21687566

    $600,000

    Price

  • Listing provided courtesy of CRMLS

    Highly sought out Traditional Vacant Triplex for sale! Located in South Central LA this 3 unit property is perfect for a long term investor or family who would like rental income while living in one unit. Back 2 units need major repairs and not in livable condition. Front house is in fair condition and will be delivered vacant. Instant equity once repaired. This is an All Cash or Hard Money Loan. Limited Showings. Call as soon as possible to schedule showing.

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Tax History for 454 W 59Th Pl

Assessed Value (2020): $30,424
Year Land Value Improved Value Assessed Value
2020 $21,715 $8,709 $30,424

Home Value Compared to the Market

This property vs the competition

454 W 59Th Pl sold on January 11, 2022 for 36.97% 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 $411.86 per/sqft which puts the price per square foot 45.45% lower than the current median sale per square foot for the city of Los Angeles.

About 454 W 59Th Pl

Detailed summary of property

454 W 59Th Pl is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 3 bedrooms, 6 bathrooms, roughly 1,821 living square feet, and sits on an approximately 5,427 square foot lot. 454 W 59Th Pl was first listed on ArdentRealEstateGroup.com on October 18, 2021. The homeowner sold the property for $785,000. 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 36.97% lower than the current median priced home. Local homes that are currently for sale include 943 W 65th St, 1020 W 61St St and 916 53Rd St. While the average home in Los Angeles, CA is selling in 93 days, 454 W 59Th Pl has a days on market of 9 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 454 W 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 454 W 59Th Pl

Public county record property details
Beds
4
Baths
3
Year built
1905
Sq. Ft.
1,821
Lot Size
5,427
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
6004-038-006

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
36
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%)

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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.