1349 E 59th Place Unit 14 Los Angeles, CA 90001
Florence-Graham NeighborhoodEstimated payment $4,568/month
Total Views
2,162,788
3
Beds
3
Baths
1,620
Sq Ft
$426
Price per Sq Ft
Highlights
- No HOA
- Wall Furnace
- 4-minute walk to Bethune Park
- Laundry Room
- 1-Story Property
About This Home
Exceptional Income Property – 3 Detached Casitas in Prime Los Angeles Location. Welcome to 1349 E 59th Pl, Los Angeles, CA 90001—a rare opportunity to own a highly desirable triplex featuring three individual casitas, each offering 1 bedroom and 1 bathroom. These charming, well-maintained units provide the perfect blend of privacy, convenience, and long-term rental potential, making them ideal for both investors and owner-occupants alike. One unit will be delivered vacant, allowing for immediate occupancy or rental at market rates. With ample parking on-site, tenants enjoy an added level of convenience rarely found in similar properties. The property is strategically located near major freeways, public transportation, shopping, dining, and all the best that Los Angeles has to offer—ensuring consistent rental demand. These bread-and-butter units are not only priced competitively but also offer a fantastic return on investment in a high-demand rental market. Don’t miss out on this excellent opportunity to expand your portfolio or secure a steady income stream in a prime LA location. Schedule your private showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,692
Year Built
- Built in 1955
Lot Details
- 4,076 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Triplex
Interior Spaces
- 1,620 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tax Lot 98
- Tax Tract Number 5097
- Assessor Parcel Number 6008024026
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $43,800
- Net Operating Income $43,800
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $8,692 | $586,785 | $416,160 | $170,625 |
| 2023 | $8,298 | $575,280 | $408,000 | $167,280 |
| 2022 | $7,933 | $564,000 | $400,000 | $164,000 |
| 2021 | $6,722 | $456,025 | $257,641 | $198,384 |
| 2020 | $6,767 | $578,340 | $255,000 | $323,340 |
| 2019 | $7,970 | $567,000 | $250,000 | $317,000 |
| 2018 | $6,714 | $459,000 | $317,300 | $141,700 |
| 2017 | $5,885 | $390,000 | $269,600 | $120,400 |
| 2016 | $5,141 | $330,000 | $228,100 | $101,900 |
| 2015 | $5,547 | $366,000 | $253,000 | $113,000 |
| 2014 | $4,698 | $287,000 | $198,400 | $88,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | Price Changed | $690,000 | -6.8% | $426 / Sq Ft |
| 02/28/2025 02/28/25 | For Sale | $740,000 | -- | $457 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | Socal Title Company | |
| Grant Deed | $564,000 | Pacific Coast Title Company | |
| Warranty Deed | -- | None Available | |
| Grant Deed | $442,500 | Lawyers Title | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $125,000 | Credit Line Revolving | |
| Previous Owner | $553,784 | FHA | |
| Previous Owner | $434,484 | FHA | |
| Previous Owner | $200,000 | Negative Amortization |
Source: Public Records
About the Listing Agent
Joshua Glaz, the Founder and Visionary behind The Ave Agency, is a renowned Broker, Realtor, and Mortgage Loan Originator (MLO) in California. Operating from the sun-soaked shores of San Diego to the bustling streets of Los Angeles, Joshua specializes in transforming real estate dreams into reality.
Joshua's expertise is unmatched, and his client-centric approach sets him apart. He doesn't just close deals; he creates win-win situations, ensuring every transaction positively impacts all
Joshua's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25044470
APN: 6008-024-026
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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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