Seller's Agent in 2024
Ron Rahman
Stonewood Realty Group Inc.
(562) 235-1809
1 in this area
33 Total Sales
1664 E 59th St Los Angeles, CA 90001
Estimated Value: $661,000 - $931,000
5
Beds
3
Baths
2,046
Sq Ft
$400/Sq Ft
Est. Value
About This Home
As of December 2024Great investment opprotunity. Live in one and rent the other one for income source. Large lot. Property will be delivered vacant.
Last Agent to Sell the Property
Stonewood Realty Group Inc. Brokerage Phone: 562-235-1809 License #01113083 Listed on: 06/11/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 6,433 Sq Ft Lot
- 1 Common Wall
- Cul-De-Sac
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,046 Sq Ft Home
- 1-Story Property
- Laundry on upper level
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- 1 Open Parking Space
- 2 Parking Spaces
- 1 Carport Space
- Parking Available
- Off-Street Parking
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 92
- Assessor Parcel Number 6008038026
- $1,157 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,400
- Water Sewer Expense $4,800
- Operating Expense $4,800
- Gross Income $54,600
- Net Operating Income $49,800
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
Jun 11, 2024
Closed on
Dec 3, 2024
Sold by
Bought by
Seller's Agent
Ron Rahman
Stonewood Realty Group Inc.
Buyer's Agent
Paul Muner
eXp Realty of California, Inc.
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,654
Avg. Annual Appreciation
9.06%
Original Mortgage
$706,959
Outstanding Balance
$701,388
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$117,266
Purchase Details
Closed on
Apr 20, 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
$460,000
Interest Rate
1.25%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 25, 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
$50,000
Interest Rate
8.33%
Purchase Details
Closed on
Mar 7, 1999
Sold by
Bought by
Purchase Details
Closed on
Sep 21, 1998
Sold by
Bought by
Purchase Details
Closed on
Jan 12, 1996
Sold by
Bought by
Purchase Details
Closed on
Apr 5, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $720,000 | Fidelity National Title | ||
| $575,000 | Fidelity National Title Co | ||
| -- | Landsafe Title | ||
| $90,000 | Landsafe Title | ||
| -- | Landsafe Title | ||
| $125,158 | Landsafe Title | ||
| -- | Gateway Title Company | ||
| -- | Gateway Title Company | ||
| $119,500 | Gateway Title Company |
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 |
|---|---|---|---|
| Open | $706,959 | ||
| Previous Owner | $460,000 | ||
| Previous Owner | $50,000 |
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 |
|---|---|---|---|---|
| 12/26/2024 12/26/24 | Sold | $720,000 | 0.0% | $352 / Sq Ft |
| 11/14/2024 11/14/24 | Price Changed | $720,000 | +3.0% | $352 / Sq Ft |
| 11/05/2024 11/05/24 | Pending | -- | -- | -- |
| 09/08/2024 09/08/24 | Price Changed | $699,000 | +7.7% | $342 / Sq Ft |
| 08/09/2024 08/09/24 | Price Changed | $649,000 | -7.2% | $317 / Sq Ft |
| 06/30/2024 06/30/24 | Price Changed | $699,000 | -6.8% | $342 / Sq Ft |
| 06/11/2024 06/11/24 | For Sale | $750,000 | -- | $367 / 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 | $9,962 | $720,000 | $400,000 | $320,000 |
| 2024 | $9,628 | $706,000 | $311,000 | $395,000 |
| 2023 | $9,461 | $706,000 | $311,000 | $395,000 |
| 2022 | $8,317 | $631,000 | $280,000 | $351,000 |
| 2021 | $8,364 | $631,000 | $280,000 | $351,000 |
| 2019 | $7,619 | $570,000 | $228,000 | $342,000 |
| 2018 | $7,026 | $520,000 | $208,000 | $312,000 |
| 2016 | $6,189 | $454,000 | $181,600 | $272,400 |
| 2015 | $4,725 | $330,000 | $132,000 | $198,000 |
| 2014 | $4,340 | $291,000 | $116,400 | $174,600 |
Source: Public Records
Agents Affiliated with this Home
-
Ron Rahman
-
Paul Muner
P
Buyer's Agent in 2024
Paul Muner
eXp Realty of California, Inc.
(949) 395-7852
1 in this area
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS24119076
APN: 6008-038-026
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.
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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