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Backup Offers

1306 W 59th Pl, Los Angeles, CA, 90044

$900,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Baths
3,072 SqFt
$293/SqFt
House

Location

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1306 W 59th Pl, Los Angeles$900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingNone
Year Built1927
HeatingWall Furnace
CoolingNone
MLS #24450091
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1306 W 59th Pl

We are pleased to present 1306 W 59th Pl, a 100% occupied 4-unit property located in Los Angeles. This property is centrally located near LAX, Sofi Stadium, Downtown Los Angeles, the Convention Center, USC Coliseum, and multiple museums. This opportunity is also a short drive to Crenshaw/Leimert Park, Inglewood and provides easy access to the 105 & 110 freeways as well as the new LAX/Crenshaw metro rail line, offering tenants convenience to numerous nearby amenities. The building currently operates at a 10.77 GRM and 6.42% CAP on current rents, with rental upside potential to an 8.52 GRM and an 8.80% CAP on pro-forma rents. The property consists of two standalone, side by side duplexes built in 1927 with a unit mix of 4 one-bedroom units, all of which have been renovated.

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Stories: 1
  • Living Area: 3,072 SqFt

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Google Maps: 1306 W 59th Pl, Los Angeles, CA 90044

Price Information

Listing Price Info

Price Summary:

  • List Price: $900,000
  • Price Per SqFt: $293/SqFt

Tax Information:

  • Annual Amount: $6,735
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1306 W 59th Pl vs Los Angeles

45 DAYS ON ROCKET

+7 Days

$900,000

-$123.4K Less

$293/SqFt

-$348 Less

KEY TAKEAWAY

This property is $123.4K less than the Median Sold Price and $348/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24450091

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 12, 1988Home Sold
$83,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,735$530,741
2020$6,542$525,300
2019$3,209$515,000
2018$3,148$235,483
2017$3,148$230,867

History based on county public records data.

Payment Calculator

$4,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,765

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-579639
4
/10

  • Budlong Avenue Elementary School

  • 5940 S Budlong Ave

  • 0.16 miles

  • Public District Grades KG-5

school-card-donut-579640
4
/10

  • Western Avenue Elementary

  • 1724 W 53rd St

  • 0.72 miles

  • Public Magnet Grades KG-5

school-card-donut-579641
3
/10

  • Gerald A. Lawson Academy

  • 929 W 69th St

  • 0.74 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,286. Typical income of Los Angeles, CA residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1306 W 59th Pl

What is the listing price of this property?

The listing price of 1306 W 59th Pl property is $900,000.

What type of property is this?

The property 1306 W 59th Pl is a house located in Los Angeles, California, 90044.

Is this property for sale now?

Accepting Backup Offers: 1306 W 59th Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,735 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 12, 1988 for $83,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1306 W 59th Pl has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1306 W 59th Pl is 3,072 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1306 W 59th Pl is 1927.

Rocket Homes›California›Los Angeles County›Los Angeles›90044›1306 W 59th Pl

This home is located at 1306 W 59th Pl in Los Angeles, CA and zip code 90044 in the South LA neighborhood. This 3,072 square foot home, which was built in 1927, sits on a 0.14 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $900,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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