NOT LISTED FOR SALE

1358 E 59th Place Los Angeles, CA 90001

Estimated Value: $636,000 - $837,964

5 Beds
2 Baths
1,672 Sq Ft
$439/Sq Ft Est. Value

Sale Details

Date Sold: August 24, 2020

Last sale price $560,000 $335 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,812 / mo

21 Days on Market

About This Home

As of August 2020

Great investment opportunity in the city of LA close to downtown. 2 separate well kept units. Front unit offers 2 bedrooms 1 bathroom. Back unit offers 3 bedrooms 1 bathroom. Strong market rents or live in one and rent the other (cheaper then rent). Large lot, property offers lots of parking. Shows well.

Last Agent to Sell the Property

Juan Avendano

College Park Realty License #01281681 Listed on: 07/01/2020

College Park Realty

Last Buyer's Agent

Salomon Castro

Keller Williams Pacific Estate License #01839759

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,677 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,672 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 75
  • Tax Tract Number 5097
  • Assessor Parcel Number 6008025030

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $500
  • Water Sewer Expense $500
  • Operating Expense $2,000
  • Net Operating Income $39,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

5,677 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 500.00
  • Property Type: Residential Income
  • Parcel Number: 6008025030
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 334.93

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5677.00
  • Lot Size Acres: 0.1303

Multi Family

  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5677.0000 Square Feet
  • Net Operating Income: 39000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1800.00
  • Rent Control: Yes
  • Total Expenses: 2000.00

Tax Info

  • Tax Lot: 75
  • 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
Jul 1, 2020
Closed on
Jul 29, 2020
Sold by
Bought by
Seller's Agent
Juan Avendano
College Park Realty
Buyer's Agent
Salomon Castro
Keller Williams Pacific Estate
List Price
$549,900,900
Sold Price
$560,000
Premium/Discount to List
-$549,340,900
-99.9%
Current Estimated Value
$758,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,305
Avg. Annual Appreciation
4.70%
Original Mortgage
$476,000
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2017
Closed on
Dec 3, 2017
Sold by
Bought by
Seller's Agent
tony yepez
College Park Realty
Buyer's Agent
Juan Avendano
College Park Realty
List Price
$445,000
Sold Price
$443,900
Premium/Discount to List
-$1,100
-0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$315,000
Interest Rate
0.0392%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 25, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 12, 2007
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
$49,950
Interest Rate
0.0612%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 16, 2006
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
$336,000
Interest Rate
0.0776%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2003
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
$208,000
Interest Rate
0.0637%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 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
$193,405
Interest Rate
0.0818%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 8, 1999
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 1999
Sold by
Bought by

Purchase Details

Closed on
Mar 9, 1999
Sold by
Bought by
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
$560,000 Wfg Title
$444,000 Provident Title Company
$136,000 First American Title
-- First American Title
$172,848 Accommodation
$500,000 Fidelity National Title Co
-- United Independent Title
-- Investors Title Company
$260,000 Investors Title Company
$199,000 South Land Title Company
-- First American
$70,500 First American Title
$100,023 Chicago Title Co
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
Closed $476,000
Closed $315,000
Closed $785,500
Closed $103,000
Closed $49,950
Closed $400,000
Closed $336,000
Closed $208,000
Closed $192,632
Closed $191,695
Closed $189,893
Closed $193,405
Closed $116,000
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 Prior Sale
08/24/2020 08/24/20 Sold $560,000 +1.8% $335 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/01/2020 07/01/20 Price Changed $549,900 -99.9% $329 / Sq Ft
07/01/2020 07/01/20 For Sale $549,900,900 +123779.5% $328,888 / Sq Ft
01/04/2018 01/04/18 Sold $443,900 -0.2% $265 / Sq Ft View Prior Sale
11/25/2017 11/25/17 For Sale $445,000 +0.2% $266 / Sq Ft
11/22/2017 11/22/17 Pending -- -- --
11/20/2017 11/20/17 Off Market $443,900 -- --
11/18/2017 11/18/17 For Sale $445,000 +0.2% $266 / Sq Ft
11/09/2017 11/09/17 Off Market $443,900 -- --
10/26/2017 10/26/17 For Sale $445,000 +0.2% $266 / Sq Ft
10/24/2017 10/24/17 Off Market $443,900 -- --
10/12/2017 10/12/17 For Sale $445,000 -- $266 / 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 $8,608 $606,161 $324,729 $281,432
2024 $8,360 $594,276 $318,362 $275,914
2023 $8,052 $582,624 $312,120 $270,504
2022 $7,684 $571,200 $306,000 $265,200
2021 $7,599 $560,000 $300,000 $260,000
2020 $6,480 $461,937 $343,332 $118,605
2019 $6,243 $452,880 $336,600 $116,280
2018 $3,463 $212,016 $89,513 $122,503
2016 $3,293 $203,785 $86,038 $117,747
2015 $3,247 $200,725 $84,746 $115,979
2014 $3,253 $196,794 $83,086 $113,708
Source: Public Records

Agents Affiliated with this Home

  • Juan Avendano

    Seller's Agent in 2020

    Juan Avendano

    RE/MAX

    (562) 232-2233

    41 Total Sales

    Juan Avendano
    Section Image
  • Salomon Castro

    Buyer's Agent in 2020

    Salomon Castro

    Keller Williams Pacific Estate

    (562) 305-3816

    55 Total Sales

    Salomon Castro
    Section Image
  • tony yepez

    Seller's Agent in 2018

    tony yepez

    RE/MAX

    (562) 712-9631

    30 Total Sales

    tony yepez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20126261

California Regional Multiple Listing Service (CRMLS)

APN: 6008-025-030

California Los Angeles County Los Angeles 90001

1358 E 59th Place, Los Angeles, CA

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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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