NOT LISTED FOR SALE

1167 E 59th Place Los Angeles, CA 90001

Estimated Value: $689,000 - $770,213

5 Beds
3 Baths
1,536 Sq Ft
$470/Sq Ft Est. Value

Last Sold March 21, 2018

Last sale price $550,000 $358 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,452/month

50 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 5-minute walk to Bethune Park

About This Home

As of March 2018

Duplex--- Front Unit 3 Bed 2 Bath. Rear Unit 2 Bed 1 Bath. Beautiful kitchens with granite countertops, updated bathrooms, laminated flooring on living rooms and hallways. Many more upgrades too many to mention.
Property Sold As Is Condition. Owner makes no warranties, buyer to verify any and all permits as to satisfy themselves.

Last Agent to Sell the Property

Alex Arceo

First Family Homes License #01515528 Listed on: 12/06/2017

Co-Listed By

Luis Mendoza

First Family Homes License #01373553

Last Buyer's Agent

Jesse Blanchet

New Century Realtors License #02005879

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,598 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,536 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 78
  • Tax Tract Number 5449
  • Assessor Parcel Number 6008007029

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LCR3YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6008007029
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 358.07

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5598.00
  • Lot Size Acres: 0.1285

Multi Family

  • Lot Size Area: 5598.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5328.00
  • Tax Lot: 78
  • Tax Tract Number: 5449

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2017
Closed on
Jan 26, 2018
Sold by
Arceo Alex
Bought by
Cornejo Adrian and Cornejo Dinora F
Seller's Agent
Alex Arceo
First Family Homes
Buyer's Agent
Jesse Blanchet
New Century Realtors
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$721,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,803
Avg. Annual Appreciation
3.53%
Original Mortgage
$540,038
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2017
Sold by
Arceo Ignacio Huerta and Huerta Ignacio
Bought by
Arceo Alex

Purchase Details

Closed on
Oct 3, 2006
Sold by
Huerta Ignacio and Huerta Ignacio
Bought by
Huerta Ignacio

Purchase Details

Closed on
Sep 24, 2002
Sold by
Rivas Charles R and Rivas Robert
Bought by
Huerta Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,900
Interest Rate
6.06%

Purchase Details

Closed on
Oct 3, 2001
Sold by
Rivas Tony E and Rivas Penelope L
Bought by
Rivas Tony E and Rivas Trust

Purchase Details

Closed on
Sep 17, 2001
Sold by
Rivas Charles R and Rivas Tony E
Bought by
Rivas Charles R and Rivas Tony E

Purchase Details

Closed on
Dec 12, 1996
Sold by
Rivas Antonio G
Bought by
Rivas Antonio and Rivas Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cornejo Adrian $550,000 First American Title Company
Arceo Alex -- None Available
Huerta Ignacio -- Accommodation
Huerta Ignacio -- Accommodation
Huerta Ignacio $170,000 Southland Title
Rivas Tony E -- --
Rivas Charles R -- --
Rivas Antonio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cornejo Adrian $540,038
Previous Owner Huerta Ignacio $164,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2018 03/21/18 Sold $550,000 0.0% $358 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
12/06/2017 12/06/17 For Sale $550,000 -- $358 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,582 $625,800 $318,589 $307,211
2024 $8,582 $613,531 $312,343 $301,188
2023 $8,271 $601,502 $306,219 $295,283
2022 $7,892 $589,709 $300,215 $289,494
2021 $7,805 $578,147 $294,329 $283,818
2020 $7,864 $572,220 $291,312 $280,908
2019 $7,569 $561,000 $285,600 $275,400
2018 $6,905 $505,920 $224,400 $281,520
2016 $3,361 $207,979 $102,766 $105,213
2015 $3,314 $204,856 $101,223 $103,633
2014 $3,320 $200,844 $99,241 $101,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17270325

California Regional Multiple Listing Service (CRMLS)

APN: 6008-007-029