2 months on rocket

300 E 59th Pl, Los Angeles, CA, 90003

$699,000

Home List Price

$8,301*

Closing Credit

3 Bedrooms
2 Full Baths
2,185 SqFt
$320/SqFt
House

Location

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300 E 59th Pl, Los Angeles$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1920
HeatingWall Furnace
CoolingNone
FireplaceNone
ViewNone
MLS #24438731
Lot Size0.15 Acres
StatusActive

About 300 E 59th Pl

This mixed-use property presents an exceptional opportunity for savvy investors/developers to capitalize on this unique corner lot measuring 6,751 square feet and Zoned LAR3. Two separate structures with their own address (300 E. 59th Pl & 5960 San Pedro St). The home features 3 bedrooms and 1 bath with 1,261sq feet of living space. The Auto Repair structure has a bldg. size of 972 square feet. The Auto Repair business/equipment is not owned by sellers. The home is currently tenant occupied on a month-to-month basis. The auto repair has a lease agreement which ends in February 2025. There is an existing Ad billboard on the property managed by LAMAR, on a month-to-month basis. Minutes from DTLA, close proximity to stores, shops, transportation and major freeways.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 1
  • Living Area: 2,185 SqFt

Listing Office:

  • Office Name: Pacific Inter Capital Investment Soluti
  • Office Phone: (818) 827-2636
  • Listing Agent: Rafael Oseguera

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Corner lot of 59th Pl and San Pedro St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $320/SqFt

Tax Information:

  • Annual Amount: $5,116
  • 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

300 E 59th Pl vs Los Angeles

71 DAYS ON ROCKET

+33 Days

$699,000

-$324.4K Less

$320/SqFt

-$321 Less

KEY TAKEAWAY

This property is $324.4K less than the Median Sold Price and $321/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: #24438731

Listing Office:

  • Office Name: Pacific Inter Capital Investment Soluti
  • Office Phone: (818) 827-2636
  • Listing Agent: Rafael Oseguera

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, 8:20:50 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$5,116$393,710
2020$4,971$389,674
2019$4,820$382,034
2018$2,060$374,544
2017$2,060$151,369

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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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-558975
6
/10

  • Aspire Inskeep Academy Charter

  • 123 W 59th St

  • 0.32 miles

  • Public Charter Grades KG-6

school-card-donut-558976
4
/10

  • Aspire Slauson Academy Charter

  • 123 W 59th St

  • 0.32 miles

  • Public Charter Grades KG-6

school-card-donut-558977
7
/10

  • Aspire Juanita Tate Academy Charter

  • 123 W 59th St

  • 0.32 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,905. Typical income of Los Angeles, CA residents is less than $35k annually. Most families are married, with 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 300 E 59th Pl

What is the listing price of this property?

The listing price of 300 E 59th Pl property is $699,000.

What type of property is this?

The property 300 E 59th Pl is a house located in Los Angeles, California, 90003.

Is this property for sale now?

Active Listing: 300 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 $5,116 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 300 E 59th Pl has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 300 E 59th Pl is 2,185 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 300 E 59th Pl is 1920.

Rocket Homes›California›Los Angeles County›Los Angeles›90003›300 E 59th Pl

This home is located at 300 E 59th Pl in Los Angeles, CA and zip code 90003 in the South LA neighborhood. This 2,185 square foot home, which was built in 1920, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $699,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed 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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