NOT LISTED FOR SALE

1311 E 59th Place Los Angeles, CA 90001

Florence-Graham Area

Estimated Value: $659,000 - $790,000

4 Beds
3 Baths
1,732 Sq Ft
$419/Sq Ft Est. Value

Sale Details

Date Sold: April 15, 2016

Last sale price $393,000 $227 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,606 / mo

22 Days on Market

About This Home

As of April 2016

Excellent opportunity for either first time home buyer or investment, 3 units 2 bedroom 1 bath + 1 bedroom 1 bath +1 bedroom 1 bath. these units will pay by themselves in an excellent location in Florence area, no rent control. Nice wrought iron gate with decorative Block fence. decent lot size with plenty of parking on driveway plus carports. Parking up to 10 cars

Last Agent to Sell the Property

Tony Salazar

AMC Realty License #01179492 Listed on: 02/18/2016

Last Buyer's Agent

Alex Sanchez

eXp Realty of Southern California, Inc. License #01734841

eXp Realty of Southern California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,052 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,732 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 107
  • Tax Tract Number 5097
  • Assessor Parcel Number 6008024038

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,320
  • Fuel Expense $900
  • Insurance Expense $750
  • Trash Expense $540
  • Water Sewer Expense $480
  • New Taxes Expense $3,809
  • Operating Expense $8,279
  • Gross Income $3,300
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

6,052 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 480.00
  • Property Type: Residential Income
  • Parcel Number: 6008024038
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 226.91

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 540.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6052.00
  • Price Per Lot Square Foot: 64.94
  • Lot Size Acres: 0.1390

Multi Family

  • Electric Expense: 1320.00
  • Fuel Expense: 900.00
  • Gross Income: 3300.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 750.00
  • Lot Size Area: 6052.0000 Square Feet
  • Net Operating Income: 1200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Expenses: 8279.00

Tax Info

  • New Taxes Expense: 3809.00
  • Tax Lot: 107
  • Tax Tract Number: 5097

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
Mar 9, 2016
Sold by
Bought by
Seller's Agent
Tony Salazar
AMC Realty
Buyer's Agent
Alex Sanchez
eXp Realty of Southern California, Inc.
List Price
$390,000
Sold Price
$393,000
Premium/Discount to List
$3,000
0.77%
Current Estimated Value
$725,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,693
Avg. Annual Appreciation
6.14%
Original Mortgage
$379,883
Interest Rate
0.0364%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
0.0499%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2009
Sold by
Bought by

Purchase Details

Closed on
May 25, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,284
Interest Rate
0.0715%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,942
Interest Rate
0.0853%
Mortgage Type
FHA
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$393,000 Lawyers Title
$200,000 Lsi Title Agency
$153,000 None Available
-- Chicago Title
$158,000 United Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $100,001
Open $420,000
Closed $370,000
Closed $379,883
Previous Owner $150,000
Previous Owner $468,750
Previous Owner $356,250
Previous Owner $237,500
Previous Owner $200,000
Previous Owner $165,000
Previous Owner $153,283
Previous Owner $153,284
Previous Owner $155,942
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/15/2016 04/15/16 Sold $393,000 +0.8% $227 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $390,000 -- $225 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,448 $465,226 $313,704 $151,522
2024 $7,175 $456,104 $307,553 $148,551
2023 $6,810 $447,162 $301,523 $145,639
2022 $6,523 $438,395 $295,611 $142,784
2021 $6,451 $429,800 $289,815 $139,985
2020 $6,493 $425,394 $286,844 $138,550
2019 $6,269 $417,054 $281,220 $135,834
2018 $6,149 $408,877 $275,706 $133,171
2016 $3,852 $218,075 $104,676 $113,399
2015 $3,800 $214,800 $103,104 $111,696
2014 $3,810 $210,594 $101,085 $109,509
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tony Salazar

    AMC Realty

    Section Image
  • Alex Sanchez

    Buyer's Agent in 2016

    Alex Sanchez

    eXp Realty of Southern California, Inc.

    (562) 239-8819

    63 Total Sales

    Alex Sanchez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16034377

California Regional Multiple Listing Service (CRMLS)

APN: 6008-024-038

California Los Angeles County Los Angeles 90001

1311 E 59th Place, Los Angeles, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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