$540,000
SOLD MAR 31, 2021
3 Beds
2 Baths
1,070 Sq Ft
3,371 Sq Ft Lot

Recently Sold

$505 Per Sq Ft

37 Days on Market

Highlights

  • Laundry Room
  • Stacked Washer and Dryer
  • 1-Story Property
  • Paved or Partially Paved Lot

About This Home

As of March 2021

Welcome to 1647 W 59th St, Los Angeles! Located minutes from DTLA and USC. Property consists of two units with separate entrances in the front and rear. The front unit has 2 bedrooms and 1 bath. Rear unit has 1 bedroom and 1 bath. Each unit with separate gas and electric meters. Great access to public transportation. Schools and shops nearby. Great opportunity for first time homebuyer or for investment purpose. Front unit will be delivered vacant. Come see it today!

Last Agent to Sell the Property

Eduardo Morales

Amberwood Real Estate, Inc. License #01110708 Listed on: 01/20/2021

Amberwood Real Estate, Inc.

Last Buyer's Agent

Gonzalo Ortiz

Berkshire Hathaway HomeServices California Properties License #01878097

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,098

Year Built

  • Built in 1928

Lot Details

  • 3,371 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot

Interior Spaces

  • 1,070 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 20
  • Tax Tract Number 4382
  • Assessor Parcel Number 6002007019

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,098

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6002007019
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 504.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Individual Room, Stackable
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 3371.00
  • Lot Size Acres: 0.0774

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 3371.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2372.02
  • Tax Lot: 20
  • Tax Tract Number: 4382

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Mar 2, 2021
Sold by
Alvarado Carlos A
Bought by
Godinez Juan
Seller's Agent
Eduardo Morales
Amberwood Real Estate, Inc.
Buyer's Agent
Gonzalo Ortiz
Berkshire Hathaway HomeServices California Properties
List Price
$539,900
Sold Price
$540,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$688,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,213
Avg. Annual Appreciation
5.04%
Original Mortgage
$530,219
Interest Rate
2.73%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 15, 2017
Closed on
Aug 2, 2017
Sold by
Sanchez Noemi and Sanchez Gabriel
Bought by
Alvarado Carlos A
Seller's Agent
Damaris Graibe
Damaris Graibe, Broker
Buyer's Agent
Eduardo Morales
Amberwood Real Estate, Inc.
List Price
$389,999
Sold Price
$389,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$370,540
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2011
Sold by
Sanchez Alvarado
Bought by
Sanchez Noemi

Purchase Details

Closed on
Jan 22, 2007
Sold by
Sanchez Salvador
Bought by
Sanchez Alvarado Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2004
Sold by
Aguirre Margaret V
Bought by
Sanchez Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,900
Interest Rate
6.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 23, 1994
Sold by
Aguirre Tina Louise
Bought by
Aguirre Margaret V
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 Type Sale Price Title Company
Grant Deed $540,000 Orange Coast Title Company
Grant Deed $390,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Grant Deed $302,000 Ticor Title Company
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $542,500 New Conventional
Closed $530,219 FHA
Previous Owner $370,540 New Conventional
Previous Owner $337,000 New Conventional
Previous Owner $286,900 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $540,000 0.0% $505 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $539,900 +38.4% $505 / Sq Ft
09/07/2017 09/07/17 Sold $389,999 0.0% $364 / Sq Ft
08/14/2017 08/14/17 For Sale $389,999 0.0% $364 / Sq Ft
04/29/2017 04/29/17 Pending -- -- --
03/22/2017 03/22/17 Price Changed $389,999 -2.5% $364 / Sq Ft
02/15/2017 02/15/17 For Sale $400,000 -- $374 / 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 $7,098 $584,511 $465,445 $119,066
2024 $7,098 $573,051 $456,319 $116,732
2023 $6,966 $561,816 $447,372 $114,444
2022 $6,647 $550,800 $438,600 $112,200
2021 $5,034 $409,958 $304,841 $105,117
2020 $5,084 $405,756 $301,716 $104,040
2019 $4,886 $397,800 $295,800 $102,000
2018 $4,826 $390,000 $290,000 $100,000
2016 $3,433 $275,868 $212,207 $63,661
2015 $3,384 $271,725 $209,020 $62,705
2014 $3,409 $266,403 $204,926 $61,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21012812

California Regional Multiple Listing Service (CRMLS)

APN: 6002-007-019