NOT LISTED FOR SALE

1351 E 59th Place Los Angeles, CA 90001

Estimated Value: $656,390 - $737,000

3 Beds
3 Baths
1,620 Sq Ft
$431/Sq Ft Est. Value

Last Sold March 22, 2017

Last sale price $400,000 $247 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,388/month

17 Days on Market

Highlights

  • Tile Flooring
  • Satellite Dish
  • 5-minute walk to Bethune Park
  • Gated Home
  • 1-Story Property

About This Home

As of March 2017

Nice looking Triplex. This 3 Unit property has newer plumbing, electrical, flooring and stucco. Front unit is 1bd/1ba 516 sf with its own 2-car parking area. The rear duplex is 1104 sf, each 1/bd and 1/ba with parking area. Steady month to month to month tenants at below market rents.

Last Agent to Sell the Property

Everardo Flores

Sellstate Next Gen Realty License #00001001 Listed on: 01/24/2017

Last Buyer's Agent

Brittany Yang

TRANSPAC INVESTMENT CO. License #01139830

TRANSPAC INVESTMENT CO.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,130

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 4,050 Sq Ft Lot
  • Gated Home

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Utilities

  • Property is located within a water district
  • Water Heater
  • Satellite Dish

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 6008-024-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,130

Year Built

Built in 1955 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1620
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1955
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 262.35

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Construction: Frame and Stucco
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • TV Svcs: Tv Satellite Dish
  • Water Heater: Water Heater Unit
  • Security: Gated
  • Water: District

Lot Info

  • Assessed Improvement Value: 159154
  • Assessed Land Value: 132628
  • Assessor Parcel Number: 6008-024-025
  • Geocode Override: No
  • Lot Description: 2-4 Lots
  • Lot Size Area: 4050

Rental Info

  • Land Lease Type: Fee
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 7.80
  • Number Of Units: 3
  • Total Annual Expense: 1100
  • Type Of Units: Triplex
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2021
Sold by
Chiang Paisan
Bought by
Chiang Paisan
Current Estimated Value
$686,977

Purchase Details

Listed on
Jan 24, 2017
Closed on
Mar 13, 2017
Sold by
Chen Lisa
Bought by
Young Mon Han
Seller's Agent
Everardo Flores
Sellstate Next Gen Realty
Buyer's Agent
Brittany Yang
TRANSPAC INVESTMENT CO.
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$300,000
Outstanding Balance
$249,371
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$449,477

Purchase Details

Listed on
Jan 24, 2017
Closed on
Feb 22, 2017
Sold by
Flores Carlos
Bought by
Chiang Paisan and Young Mon Han
Seller's Agent
Everardo Flores
Sellstate Next Gen Realty
Buyer's Agent
Brittany Yang
TRANSPAC INVESTMENT CO.
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$249,371
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$449,477

Purchase Details

Closed on
Mar 6, 2012
Sold by
Becerra Richard
Bought by
Flores Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,028
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2012
Sold by
Becerra Investments Llc
Bought by
Becerra Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,028
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2007
Sold by
Becerra Abel L and Becerra Roberto
Bought by
Becerra Investments Llc

Purchase Details

Closed on
Jun 22, 2007
Sold by
Becerra Abel L
Bought by
Becerra Abel L and Becerra Roberto
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
Chiang Paisan -- None Available
Young Mon Han -- Corinthian Title Company
Chiang Paisan $400,000 Corinthian Title Company Inc
Flores Carlos $275,002 Investors Title Company
Becerra Richard -- None Available
Becerra Investments Llc -- None Available
Becerra Abel L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiang Paisan $300,000
Previous Owner Flores Carlos $268,028
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2017 03/22/17 Sold $400,000 -5.9% $247 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $425,000 -- $262 / 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 $7,130 $464,228 $232,114 $232,114
2024 $7,130 $455,126 $227,563 $227,563
2023 $6,765 $446,202 $223,101 $223,101
2022 $6,479 $437,454 $218,727 $218,727
2021 $6,407 $428,878 $214,439 $214,439
2020 $6,449 $424,482 $212,241 $212,241
2019 $6,226 $416,160 $208,080 $208,080
2018 $6,116 $408,000 $204,000 $204,000
2016 $4,694 $291,782 $132,628 $159,154
2015 $4,629 $287,400 $130,636 $156,764
2014 $4,636 $281,772 $128,078 $153,694
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Everardo Flores

    Sellstate Next Gen Realty

    (626) 945-7466

    4 Total Sales

    Section Image

  • B

    Buyer's Agent in 2017

    Brittany Yang

    TRANSPAC INVESTMENT CO.

    (626) 253-4921

    Section Image
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Map

Source: The MLS

MLS Number: 17-196720

The MLS

APN: 6008-024-025

California Los Angeles County Los Angeles 90001

1351 E 59th Place, Los Angeles, CA

This home is located at 1351 E 59th Place, Los Angeles, CA 90001 since 24 January 2017 and is currently estimated at $698,848, approximately $431 per square foot. This property was built in 1955. 1351 E 59th Place is a home located in Los Angeles County with nearby schools including Dr. Lawrence H. Moore Math, Science, Technology Academy, Los Angeles Academy Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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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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