NOT LISTED FOR SALE

1657 E 59th St Los Angeles, CA 90001

Estimated Value: $854,000 - $943,000

6 Beds
3 Baths
2,685 Sq Ft
$329/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $680,000 $253 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,592/month

27 Days on Market

Highlights

  • Corner Lot
  • Cul-De-Sac
  • Floor Furnace
  • No HOA
  • Laundry Room

About This Home

As of February 2021

Great Opportunity walk into profits with this income producing Tri-plex. Consists of main house is being used as a 4 bedroom, 1 bath. Main house has a big family kitchen with eating area, living room, 2 bedrooms are oversized with double closets and 2 regular size bedrooms.

Second unit 1 bedroom 1 bath and Upstairs unit is 2 bedroom, 1 bath. There are two garages on property and a long driveway on the other side of the property. Addresses include 1657-1659 E 59th Street and 5888 Converse ave.

Great opportunity in the heart of Los Angeles short distance from Downtown Los Angeles, USC campus, and more. Not in Rent Control Area

Last Agent to Sell the Property

Gracie Robles

24 Hour Real Estate License #01354536 Listed on: 11/20/2020

Co-Listed By

Jacqueline Robles

24 Hour Real Estate License #02104509

Last Buyer's Agent

Jacqueline Robles

24 Hour Real Estate License #02104509

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,376

Year Built

  • Built in 1908

Lot Details

  • 8,142 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Corner Lot

Parking

  • 3 Car Garage

Home Design

  • 2,685 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Floor Furnace
  • Natural Gas Connected

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 87
  • Tax Tract Number 38
  • Assessor Parcel Number 6008038020

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $750
  • Water Sewer Expense $3,000
  • Operating Expense $4,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,376

Year Built

Built in 1908

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: co-agent Jackie
  • Other Phone Number: 562-881-7918
  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • Zoning: LCR3YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6008038020
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 253.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Sewer: Public Sewer
  • Trash Expense: 750.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Cul-De-Sac
  • Lot Size Sq Ft: 8142.00
  • Lot Size Acres: 0.1869

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Insurance Expense: 1000.00
  • Lot Size Area: 8142.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Expenses: 4750.00

Tax Info

  • Tax Census Tract: 5327.00
  • Tax Lot: 87
  • Tax Tract Number: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Dec 17, 2020
Sold by
Castellanos Maria Carmen and Castellanos Wastell Yolanda
Bought by
Castellanos Maria Carmen
Seller's Agent
Gracie Robles
24 Hour Real Estate
Buyer's Agent
Jacqueline Robles
24 Hour Real Estate
List Price
$699,999
Sold Price
$680,000
Premium/Discount to List
-$19,999
-2.86%
Current Estimated Value
$882,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,927
Avg. Annual Appreciation
5.64%
Original Mortgage
$544,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2011
Sold by
Castellanos Luis and Castellanos Carmen
Bought by
Jose Luis Castellanos and Jose Carmen Castellan
Source: Public Records

Range of Values:

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Average Value
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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
Castellanos Maria Carmen $680,000 Priority Title Company
Jose Luis Castellanos -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castellanos Maria Carmen $544,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $680,000 -2.9% $253 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $699,999 -- $261 / 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 $9,376 $649,175 $399,989 $249,186
2024 $9,376 $636,447 $392,147 $244,300
2023 $8,644 $623,968 $384,458 $239,510
2022 $1,702 $39,214 $16,837 $22,377
2021 $1,670 $38,446 $16,507 $21,939
2020 $1,669 $38,393 $16,338 $22,055
2019 $1,642 $37,648 $16,018 $21,630
2018 $1,491 $36,917 $15,704 $21,213
2016 $1,411 $35,159 $15,096 $20,063
2015 $1,397 $34,632 $14,870 $19,762
2014 $1,407 $33,954 $14,579 $19,375
Source: Public Records

Agents Affiliated with this Home

  • Gracie Robles

    Seller's Agent in 2021

    Gracie Robles

    24 Hour Real Estate

    (562) 712-9423

    1 in this area

    30 Total Sales

    Gracie Robles
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jacqueline Robles

    24 Hour Real Estate

    (909) 595-6697

    1 in this area

    27 Total Sales

    Jacqueline Robles
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20244062

California Regional Multiple Listing Service (CRMLS)

APN: 6008-038-020

California Los Angeles County Los Angeles 90001

1657 E 59th St, Los Angeles, CA

This home is located at 1657 E 59th St, Los Angeles, CA 90001 since 20 November 2020 and is currently estimated at $882,927, approximately $328 per square foot. This property was built in 1908. 1657 E 59th St is a home located in Los Angeles County with nearby schools including Lillian Street Elementary School, Thomas A. Edison Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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