NOT LISTED FOR SALE

127 W 59th Place Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $610,000 - $1,424,776

2 Beds
1 Bath
936 Sq Ft
$1,106/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $550,000 $588 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,686/month

2 Days on Market

Highlights

  • Living Room with Fireplace
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Bungalow

About This Home

As of March 2024

Attention Investors!!! This spacious property offers 2 Bedrooms, 1 Bath with a Formal Dining Room and inside laundry. The home is in need of some repairs. It has a very large lot size and has room to build! In close proximity to Downtown LA, the Inglewood Rams Stadium, Freeways and much more. This opportunity will not last long.

Last Agent to Sell the Property

Robert Flannigan

Estate Properties License #01271809 Listed on: 02/07/2024

Estate Properties

Last Buyer's Agent

Robert Flannigan

Estate Properties License #01271809 Listed on: 02/07/2024

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,892

Year Built

  • Built in 1922

Lot Details

  • 5,402 Sq Ft Lot
  • Lot Dimensions are 40x135
  • Property is zoned LAR2

Home Design

  • Bungalow

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6005-012-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,892

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 936
  • Lot Acreage: 0.1240
  • Lot Dimensions: 40x135
  • Stories: 1
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 641.03

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 1

Utilities

  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 6005-012-021
  • Lot Size Area: 5402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2025
Sold by
Ocean Development
Bought by
Suh Claudio Sung Chan and Suh Lauren Jihae
Current Estimated Value
$1,035,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$973,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2020
Sold by
Hill Wilma D
Bought by
Wilma Diana Hill Living Trust and Hill

Purchase Details

Closed on
Feb 11, 2004
Sold by
Hill Robert Lee
Bought by
Hill Wilma D

Purchase Details

Closed on
Nov 10, 2003
Sold by
Hill Robert Lee and Cousins James Machell
Bought by
Hill Robert Lee
Source: Public Records

Range of Values:

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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
Suh Claudio Sung Chan $1,390,000 Lawyers Title
Wilma Diana Hill Living Trust -- Lawyers Title
Hill Wilma D -- --
Hill Robert Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suh Claudio Sung Chan $973,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Sold $550,000 -8.3% $588 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $600,000 -- $641 / Sq Ft
Source: The MLS

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 $2,892 $561,000 $473,688 $87,312
2024 $2,892 $221,009 $148,097 $72,912
2023 $2,839 $216,677 $145,194 $71,483
2022 $2,711 $212,430 $142,348 $70,082
2021 $2,675 $208,265 $139,557 $68,708
2019 $2,598 $202,090 $135,419 $66,671
2018 $2,544 $198,128 $132,764 $65,364
2016 $2,427 $190,436 $127,609 $62,827
2015 $2,393 $187,577 $125,693 $61,884
2014 $2,409 $183,903 $123,231 $60,672
Source: Public Records

Agents Affiliated with this Home

  • Robert Flannigan

    Seller's Agent in 2024

    Robert Flannigan

    Estate Properties

    (310) 692-0409

    1 in this area

    21 Total Sales

    Robert Flannigan
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Map

Source: The MLS

MLS Number: 24-356363

The MLS

APN: 6005-012-021

California Los Angeles County Los Angeles 90003 Florence

127 W 59th Place, Los Angeles, CA

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
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