5055 W 59Th St, Los Angeles, CA 90056
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5055 W 59Th St Los Angeles, CA 90056

$2,000,000 Sold Price as of 08/03/2021
  • 12 Beds
  • 12 Baths
  • 4,961 Sq.Ft.
Sold
$2,000,000 Sold Price as of 08/03/2021 Refinance Your Mortgage

Map preview of 5055 W 59Th St, Los Angeles, CA 90056

Property Overview: 5055 W 59Th St Los Angeles, CA has 12 bedrooms, 12 bathrooms, 4,961 living square feet and 8,507 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A rare opportunity to own a beautiful triplex in most desirable Ladera Heights. 3 spacious updated 2 bedroom 2 bathroom units approximately 1,600 sqft each. Updated kitchens with granite counter tops, large living room with formal dining area. Eat-in breakfast area, Washer and dryer hookup in each unit. Upstairs unit has views of the city lights and a large balcony. Bedrooms feature walk-in closets, and each unit has a private two car garage. Front unit will be delivered vacant, great for owner occupancy.

Listed by Norma Streams | BRE #00522582 | Rodeo Realty- Brentwood
Last checked: 6 minutes ago | Last updated: January 3rd, 2024 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
8,507
HOA Dues
$0/mo
Year built
1959
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21734232
City
Los Angeles
County
Los Angeles
Time on Site
1219 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $109,800
  • Gross Operating Income: $112,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5055 W 59Th St

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Stackable
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Total # of Units: 3
  • Parcel Number: 4001032019
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Slauson south to kings road to 59th Street
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Sale History for 5055 W 59Th St

Last sold for $2,000,000 on August 3rd, 2021
  • August, 2021

  • Aug 3, 2021

    Date

    Sold

    CRMLS: 21734232

    $2,000,000

    Price

  • Jun 11, 2021

    Date

    Pending

    CRMLS: 21734232

    $2,000,000

    Price

  • May 20, 2021

    Date

    Active

    CRMLS: 21734232

    $2,000,000

    Price

  • May, 2018

  • May 5, 2018

    Date

    Canceled

    CRMLS: 18337122

    $2,800

    Price

  • Apr 25, 2018

    Date

    Active

    CRMLS: 18337122

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    Gorgeous Ladera Heights Triplex now available! Beautiful top floor unit has been recently renovated. Spacious living room with fireplace and new flooring. Large formal dining area. Huge kitchen with stainless steel appliances, cabinets galore, bright and sunny breakfast area. Large master suite with huge walk-in closet, updated bath, separate tub and shower. Spacious balcony, ideal for entertaining. Private 2-car garage. Must see! Good credit and references required. Please call or text LA1 for more info or showings. Thank you.

  • October, 2016

  • Oct 20, 2016

    Date

    Canceled

    CRMLS: 16170436

    $2,800

    Price

  • Oct 11, 2016

    Date

    Active

    CRMLS: 16170436

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    Gorgeous front unit in Ladera Heights features 2 bedrooms and 2 bathrooms. Enjoy this spacious home with approx. 1,600 sq. ft of living space. Huge living room with fireplace, formal dining area, beautiful kitchen featuring granite counter tops, built-ins, stove, microwave, dishwasher and cabinets galore! Large bedrooms with wall-to-wall closets. Two updated bathrooms. Washer & dryer hookup in the unit. Private 2-car garage with remote control door. Offered at $2800.00 per month. Good credit and references needed.

  • September, 2016

  • Sep 27, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,325,000

    Price

  • July, 1994

  • Jul 5, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 5055 W 59Th St

Assessed Value (2020): $1,406,100
Year Land Value Improved Value Assessed Value
2020 $843,660 $562,440 $1,406,100

Home Value Compared to the Market

This property vs the competition

5055 W 59Th St sold on August 3, 2021 for 78.57% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $403.14 per/sqft which puts the price per square foot 44.32% lower than the current median sale per square foot for the city of Los Angeles.

About 5055 W 59Th St

Detailed summary of property

5055 W 59Th St is a multi family that recently sold in Los Angeles, CA 90056. This multi family property offered 12 bedrooms, 12 bathrooms, roughly 4,961 living square feet, and sits on an approximately 8,507 square foot lot. 5055 W 59Th St was first listed on ArdentRealEstateGroup.com on May 20, 2021. The homeowner sold the property for $2,000,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 78.57% higher than the current median priced home. Local homes that are currently for sale include 2615 Chariton St, 8656 Cadillac Ave and 3729 Glendon Ave. While the average home in Los Angeles, CA is selling in 106 days, 5055 W 59Th St has a days on market of 20 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 5055 W 59Th St Los Angeles, CA 90056 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5055 W 59Th St

Public county record property details
Beds
6
Baths
6
Year built
1959
Sq. Ft.
4,961
Lot Size
8,506
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
39
APN
4001-032-019

The source for these homes facts are from public records.

90056 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,895,000
Median List Price/Sq.Ft.
$677
Median Sold Price
$1,909,000
Median Sold Price/Sq.Ft.
$665
Total Inventory
31
Median Sale to List Price %
79.54%
Avg Days on Market
51
Loan Type
Conventional (66.67%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 5055 W 59Th St

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.