NOT LISTED FOR SALE

1359 E 59th St Los Angeles, CA 90001

Estimated Value: $770,753 - $871,000

8 Beds
4 Baths
1 Sq Ft
$808,938/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $465,000 $465,000 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,880/month

6 Days on Market

About This Home

As of November 2016

This home is located at 1359 E 59th St, Los Angeles, CA 90001 since 18 October 2016 and is currently estimated at $808,938, approximately $808,938 per square foot. This property was built in 2006. 1359 E 59th St 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.

Last Agent to Sell the Property

Jose Alajo

Next Real Estate Group License #01984008 Listed on: 10/18/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 5,144 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 4 Parking Spaces

Home Design

  • 1 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 5328
  • Assessor Parcel Number 6008022012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $60
  • Net Operating Income $3,440

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LCM1
  • Property Type: Residential Income
  • Parcel Number: 6008022012
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5144.00

Multi Family

  • Gross Scheduled Income: 3500.00
  • Insurance Expense: 60.00
  • Net Operating Income: 3440.00
  • 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: 60.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5328.00
  • Tax Lot: 18
  • Tax Tract Number: 5328

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2016
Closed on
Oct 26, 2016
Sold by
Banuelos Ernesto
Bought by
Semino Omid
Seller's Agent
Jose Alajo
Next Real Estate Group
List Price
$510,000
Sold Price
$465,000
Premium/Discount to List
-$45,000
-8.82%
Current Estimated Value
$808,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,938
Avg. Annual Appreciation
6.29%
Original Mortgage
$337,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2010
Sold by
Banuelos Ernesto and Duarte Jennifer
Bought by
Banuelos Ernesto and Duarte Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,632
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 2008
Sold by
Gonzalez Angel E
Bought by
Us Bank Na and Series 2007-Amc2i Cateholders Of Asset B

Purchase Details

Closed on
Sep 8, 2006
Sold by
Villanueva Motta Family Lp
Bought by
Gonzalez Angel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2006
Sold by
Lara Rosalva and Lara Paulin
Bought by
Villanueva Motta Family Lp

Purchase Details

Closed on
Oct 19, 2001
Sold by
Samaniego Jesus U
Bought by
Lara Rosalva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,253
Interest Rate
7.08%

Purchase Details

Closed on
Mar 6, 1995
Sold by
Cortez Francisco and Cortez Maria Luisa
Bought by
Bank Of America Nt & Sa
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

Date Buyer Sale Price Title Company
Semino Omid $450,000 Usa National Title Co
Banuelos Ernesto -- Orange Coast Title Company O
Us Bank Na $503,659 Landsafe Title
Gonzalez Angel E $600,000 Financial Title Company
Villanueva Motta Family Lp $290,000 None Available
Lara Rosalva $176,500 Fidelity Title
Bank Of America Nt & Sa $102,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Semino Omid $337,500
Previous Owner Banuelos Ernesto $312,632
Previous Owner Gonzalez Angel E $480,000
Previous Owner Lara Rosalva $171,253
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2016 11/30/16 Sold $465,000 -8.8% $465,000 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
10/18/2016 10/18/16 For Sale $510,000 -- $510,000 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,700 $522,257 $266,931 $255,326
2024 $7,433 $512,018 $261,698 $250,320
2023 $7,143 $501,979 $256,567 $245,412
2022 $6,824 $492,137 $251,537 $240,600
2021 $6,743 $482,488 $246,605 $235,883
2020 $6,791 $477,542 $244,077 $233,465
2019 $6,544 $468,180 $239,292 $228,888
2018 $6,395 $459,000 $234,600 $224,400
2016 $6,241 $451,423 $212,626 $238,797
2015 $5,486 $388,000 $182,800 $205,200
2014 $5,330 $367,200 $173,000 $194,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jose Alajo

    Next Real Estate Group

    (818) 809-8860

    31 Total Sales

    Jose Alajo
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16723867

California Regional Multiple Listing Service (CRMLS)

APN: 6008-022-012

California Los Angeles County Los Angeles 90001

1359 E 59th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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