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1341 E 59th Pl, Los Angeles, CA, 90001

$750,000

Home List Price

$8,906*

Closing Credit

5 Bedrooms
4 Baths
1,580 SqFt
$475/SqFt
House

Location

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1341 E 59th Pl, Los Angeles$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingGated, Uncovered
Year Built1923
HeatingWall Furnace
CoolingNone
MLS #24459385
Lot Size0.11 Acres
StatusActive

About 1341 E 59th Pl

Part of an 11 Building Portfolio! Can be sold individually or as a portfolio. 1341 E. 59th Pl is a fully occupied 4-unit opportunity in South Los Angeles. The subject property offers and investor a great unit mix consisting of (2) 2 Bed / 1 Bath and (1) 1 Bed / 1 Bath and (1) Studio unit spread out over 1,580 square feet of gross leasable area and was built in 1923. The building sits on a 4,744 square foot lot that is zoned LAR3YY. There is significant upside in rents while also offering a great day one cash flow. Buyer to verify feasibility of adding an ADU to the property for additional value add potential.

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 1
  • Living Area: 1,580 SqFt

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 425-9838
  • Listing Agent: Peter James

Interior Features

Interior Information:

  • Appliances: Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Gated, Uncovered

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Located east of Hooper Ave and south of Slauson.

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $475/SqFt

Tax Information:

  • Annual Amount: $7,832
  • 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

1346

1341 E 59th Pl vs Los Angeles

46 DAYS ON ROCKET

+8 Days

$750,000

-$271.5K Less

$475/SqFt

-$165 Less

KEY TAKEAWAY

This property is $271.5K less than the Median Sold Price and $165/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: #24459385

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 425-9838
  • Listing Agent: Peter James

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: 12/18/2024, 1:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,832$520,435
2020$7,613$515,100
2019$2,182$505,000
2018$2,154$41,745
2017$2,154$40,928

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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-4320863
7
/10

  • Dr. Lawrence H. Moore Math / Science / Technology Academy

  • 1321 E 61st St

  • 0.13 miles

  • Public District Grades KG-5

school-card-donut-4320864
4
/10

  • Miramonte Elementary School

  • 1400 E 68th St

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-4320865
4
/10

  • Lillian Street Elementary School

  • 5909 Lillian St

  • 0.58 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 $53,343. Typical income of Los Angeles, CA residents is between $35k-100k annually. Most families are married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1341 E 59th Pl

What is the listing price of this property?

The listing price of 1341 E 59th Pl property is $750,000.

What type of property is this?

The property 1341 E 59th Pl is a house located in Los Angeles, California, 90001.

Is this property for sale now?

Active Listing: 1341 E 59th Pl is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,832 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1341 E 59th Pl has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1341 E 59th Pl is 1,580 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1341 E 59th Pl is 1923.

Rocket Homes›California›Los Angeles County›Los Angeles›90001›1341 E 59th Pl

This home is located at 1341 E 59th Pl in Los Angeles, CA and zip code 90001 in the South LA neighborhood. This 1,580 square foot home, which was built in 1923, sits on a 0.11 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $750,000.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

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

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