Seller's Agent in 2015
Polly Watts
Shelter Club Realty, Inc.
(310) 963-7766
23 Total Sales
1301 E 59th Place Los Angeles, CA 90001
Estimated Value: $1,025,000 - $1,451,865
8
Beds
8
Baths
4,924
Sq Ft
$252/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Laundry Room
- Carpet
- Living Room
- Wrought Iron Fence
- 3-minute walk to Bethune Park
About This Home
As of March 2015Fantastic and rare opportunity to own a 7 unit apartment complex in a NON-Rent Control area in Los Angeles. Two buildings on lot, 6 units feature a spacious 1 bed, 1 bath and one unit is a 2 bed, 2bath boasting brand new interior paint, new laminate flooring that flow through your light and bright living rooms and on into your bedroom. Each unit has new kitchens with all new appliances. New fixtures, new exterior gate and much much more. 5 of the 7 units are occupied and paying above market rent! The work is done for you!! Located minutes from Downtown Los Angeles, USC, and easy access to the 110 freeway truly make this the ideal place to live for any tenant and the ideal investment.
Last Agent to Sell the Property
Shelter Club Realty, Inc. License #00895696 Listed on: 01/15/2015
Last Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER License #9999999
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 6,081 Sq Ft Lot
- No Common Walls
- Wrought Iron Fence
- No Sprinklers
- Front Yard
Parking
- 6 Parking Spaces
Home Design
- Traditional Architecture
- Shingle Roof
- Composition Roof
Interior Spaces
- 4,924 Sq Ft Home
- Living Room
- Laundry Room
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Utilities
- Wall Furnace
Listing and Financial Details
- Tax Lot 108
- Tax Tract Number 5097
- Assessor Parcel Number 6008024039
Community Details
Overview
- 2 Buildings
- 7 Units
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $992
- Gardener Expense $351
- Pest Control $650
- Water Sewer Expense $3,043
- Gross Income $6,275
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 5, 2021
Sold by
Allston Apartments Real Estate Llc
Bought by
Bh Properties 26 Llc and Hillhurst Properties 26 Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,038,750
Outstanding Balance
$943,796
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$294,637
Purchase Details
Listed on
Jan 15, 2015
Closed on
Mar 3, 2015
Sold by
West Ridge Rentals Llc
Bought by
Allston Apartments Real Estate Llc
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$800,000
Sold Price
$799,000
Premium/Discount to List
-$1,000
-0.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$497,000
Interest Rate
3.61%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 27, 2013
Sold by
Mid Cal Realty Services Inc
Bought by
West Ridge Rentals Llc
Purchase Details
Closed on
Sep 17, 2013
Sold by
Driver Thelma and Driver Lamar
Bought by
Mid Cal Realty Services Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bh Properties 26 Llc | -- | California Members Title | |
| Allston Apartments Real Estate Llc | $799,000 | Title 365 | |
| West Ridge Rentals Llc | -- | Fidelity National Title Co | |
| Mid Cal Realty Services Inc | $486,500 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bh Properties 26 Llc | $1,038,750 | |
| Previous Owner | Allston Apartments Real Estate Llc | $497,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/06/2015 03/06/15 | Sold | $799,000 | -0.1% | $162 / Sq Ft |
| 01/22/2015 01/22/15 | Pending | -- | -- | -- |
| 01/15/2015 01/15/15 | For Sale | $800,000 | -- | $162 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $15,588 | $960,267 | $576,884 | $383,383 |
| 2024 | $14,989 | $941,439 | $565,573 | $375,866 |
| 2023 | $14,511 | $922,981 | $554,484 | $368,497 |
| 2022 | $13,578 | $904,884 | $543,612 | $361,272 |
| 2021 | $13,418 | $887,142 | $532,953 | $354,189 |
| 2019 | $13,044 | $860,832 | $517,147 | $343,685 |
| 2018 | $12,872 | $843,954 | $507,007 | $336,947 |
| 2016 | $12,341 | $811,184 | $487,320 | $323,864 |
| 2015 | $9,072 | $534,469 | $203,996 | $330,473 |
| 2014 | -- | $524,000 | $200,000 | $324,000 |
Source: Public Records
Agents Affiliated with this Home
-
Polly Watts
-
N
Buyer's Agent in 2015
NON-MEMBER NON-MEMBER
NON-MEMBER
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15009943
APN: 6008-024-039
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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