3 months on rocket

1722 W 59th Pl, Los Angeles, CA, 90047

$649,000

Home List Price

$7,707*

Closing Credit

4 Bedrooms
3 Baths
1,582 SqFt
$410/SqFt
House

Location

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1722 W 59th Pl, Los Angeles$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAssigned
Year Built1924
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #24423575
Lot Size0.08 Acres
StatusActive

About 1722 W 59th Pl

Purchase 3 residential units for the price of a small 1 bedroom condo in West LA. EXCELLENT long term income with great upside opportunity for investor located near Downtown LA and USC. GREAT FOR 1031 EXCHANGE. $4790 per month current gross rental income. Property to be delivered with tenants. An Owner user would need to handle the process of vacating a unit after the close of escrow. Property consists of three addresses: 1722, 1722 1/2, & 1724 W. 59th Place. 1 - two bedrooms/one bath, 1 one bedroom/one bath, and detached studio unit with one bath. The 2 Bedroom unit has a private yard in front for their use. The 1 bedroom and Studio unit in the back share private sundeck outdoor patio area. The two back units have entrance thru alley access. Owner pays for all utilities. Buyer and Buyer agent to verify square footage, bedroom count, permits, & income and expense information to satisfy themselves. The property has close proximity to public transportation and nearby 110, 10, 5 and 60 freeways. Buyer to cooperate with Seller's 1031 Exchange. Property is being Sold "As Is". Units can be shown upon accepted offer.

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 1
  • Living Area: 1,582 SqFt

Listing Office:

  • Office Name: Exclusive Realty Inc
  • Office Phone: (424) 248-0224
  • Listing Agent: Benjamin Shamouelian

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Take Freeway 10 E. exit Western Ave.. Turn right and go straight to 59th Place and turn left. Property on the right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
  • Price Per SqFt: $410/SqFt

Tax Information:

  • Annual Amount: $7,071
  • 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

1722 W 59th Pl vs Los Angeles

114 DAYS ON ROCKET

+76 Days

$649,000

-$372.5K Less

$410/SqFt

-$230 Less

KEY TAKEAWAY

This property is $372.5K less than the Median Sold Price and $230/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: #24423575

Listing Office:

  • Office Name: Exclusive Realty Inc
  • Office Phone: (424) 248-0224
  • Listing Agent: Benjamin Shamouelian

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: 12/22/2024, 1:20:59 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

Sep 07, 2018Home Sold
$550,000
Dec 13, 2017Home Sold
$342,000
Dec 24, 2014Home Sold
$306,000
Nov 15, 2013Home Sold
$220,000
Mar 07, 2013Home Sold
$195,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,071$578,147
2020$6,732$572,220
2019$4,311$550,000
2018$4,011$342,000
2017$4,011$320,000

History based on county public records data.

Payment Calculator

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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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-985030
4
/10

  • Western Avenue Elementary

  • 1724 W 53rd St

  • 0.50 miles

  • Public Magnet Grades KG-5

school-card-donut-985031
4
/10

  • Budlong Avenue Elementary School

  • 5940 S Budlong Ave

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-985032
3
/10

  • 59th Street Elementary School

  • 5939 2nd Ave

  • 0.71 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. Residents of Los Angeles, CA typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1722 W 59th Pl

What is the listing price of this property?

The listing price of 1722 W 59th Pl property is $649,000.

What type of property is this?

The property 1722 W 59th Pl is a house located in Los Angeles, California, 90047.

Is this property for sale now?

Active Listing: 1722 W 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 $7,071 (source: MLS/based on county public records data).

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

The last sale was on September 7, 2018 for $550,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1722 W 59th Pl has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1722 W 59th Pl is 1,582 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1722 W 59th Pl is 1924.

Rocket Homes›California›Los Angeles County›Los Angeles›90047›1722 W 59th Pl

This home is located at 1722 W 59th Pl in Los Angeles, CA and zip code 90047 in the South LA neighborhood. This 1,582 square foot home, which was built in 1924, sits on a 0.08 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $649,000.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.

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

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