9 days on rocket

1541 W 59th St, Los Angeles, CA, 90047

$850,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1541 W 59th St, Los Angeles$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Garage2 spaces
Year Built1941
MLS #WS24227521
Lot Size0.10 Acres
StatusActive

About 1541 W 59th St

Fantastic investment opportunity in a prime South LA location. Welcome to this triplex that offers 3 units (1 bed/1bath each) + in unit laundry room in two units (front units) Each unit has its own separate address along with its own gas and electrical meter. This property is conveniently located closed to transportation, USC, shopping, restaurants, relatively close to DTLA and more! Do not miss this opportunity to live in one unit and rent the other, or simple add this wonderful investment triplex to your portfolio.

Property Details

Property Features

Property Information:

  • Year Built: 1941
  • Stories: 1

Listing Office:

  • Office Name: Black Forest Brokerage
  • Office Phone: (818) 257-6331
  • Listing Agent: JUAN MORALES

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Other

Directions Information:

  • Directions: Slauson Ave and Western Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000

Tax Information:

  • Annual Amount: $7,149
  • 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

1541 W 59th St vs Los Angeles

9 DAYS ON ROCKET

-29 Days

$850,000

-$173.4K Less

KEY TAKEAWAY

This property is $173.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #WS24227521

Listing Office:

  • Office Name: Black Forest Brokerage
  • Office Phone: (818) 257-6331
  • Listing Agent: JUAN MORALES

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: 11/14/2024, 12:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 21, 2020Home Sold
$585,000
Jul 06, 2018Home Sold
$391,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,149$591,060
2020$4,874$398,820
2019$4,604$391,000
2018$4,508$367,505
2017$4,508$360,300

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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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-160404
4
/10

  • Western Avenue Elementary

  • 1724 W 53rd St

  • 0.47 miles

  • Public Magnet Grades KG-5

school-card-donut-160405
4
/10

  • Budlong Avenue Elementary School

  • 5940 S Budlong Ave

  • 0.48 miles

  • Public District Grades KG-5

school-card-donut-160406
3
/10

  • 59th Street Elementary School

  • 5939 2nd Ave

  • 0.93 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,517. Most Los Angeles, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90047›1541 W 59th St

This home is located at 1541 W 59th St in Los Angeles, CA and zip code 90047 in the South LA neighborhood. This home, which was built in 1941, sits on a 0.10 acre lot. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $850,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

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

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