3507 W 59th St Los Angeles, CA 90043
Hyde Park NeighborhoodEstimated payment $6,853/month
Highlights
- Spanish Architecture
- Tankless Water Heater
- Central Heating
- Built-In Features
- 1-Story Property
About This Home
Exceptional opportunity to acquire a beautifully remodeled and fully stabilized Spanish-style duplex with plans to build up to two additional units. Situated on a quiet street in desirable Park Hills Heights, this property offers convenient access to LAX, Downtown LA, and the local beaches. The first unit is a spacious 2-bedroom, 1-bathroom residence encompassing approximately 1,177 square feet. It features a well-designed floor plan with a large living room, formal dining area, full kitchen, and two generously sized bedrooms with walk-in closets. Recent upgrades include dual-pane windows, new flooring throughout, custom kitchen cabinetry with Corian countertops, a fully remodeled bathroom, washer/dryer hookup and fresh interior paint. The primary bedroom provides direct access to the backyard. The second unit is a recently renovated 2-bedroom, 2-bathroom unit with approximately 1,100 square feet. This unit showcases an open-concept layout, new dual-pane windows, solid wood kitchen cabinetry with Corian countertops, new flooring throughout, two upgraded bathrooms, and updated interior paint. A rare blend of turn-key condition, upside development potential, and a prime location make this an outstanding investment opportunity. Live in one and rent the other or add units to maximize long-term value.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,773
Year Built
- Built in 1923 | Remodeled
Lot Details
- 6,681 Sq Ft Lot
- Lot Dimensions are 50x134
Home Design
- Duplex
- Spanish Architecture
Interior Spaces
- 2,277 Sq Ft Home
- 1-Story Property
- Built-In Features
- Alarm System
Kitchen
- Oven or Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry in unit
- Washer
Parking
- 3 Parking Spaces
- Driveway
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
- Floor Furnace
- Tankless Water Heater
- Gas Water Heater
Community Details
- 2 Units
- Rent Control
Listing and Financial Details
- Assessor Parcel Number 4004-006-013
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,773 | $711,137 | $284,454 | $426,683 |
2024 | $8,773 | $697,194 | $278,877 | $418,317 |
2023 | $8,611 | $683,524 | $273,409 | $410,115 |
2022 | $8,221 | $670,123 | $268,049 | $402,074 |
2021 | $8,111 | $656,985 | $262,794 | $394,191 |
2019 | $7,874 | $637,500 | $255,000 | $382,500 |
2018 | $7,756 | $625,000 | $250,000 | $375,000 |
2017 | $1,136 | $71,609 | $34,610 | $36,999 |
2016 | $1,084 | $70,206 | $33,932 | $36,274 |
2015 | $1,071 | $69,153 | $33,423 | $35,730 |
2014 | $1,092 | $67,800 | $32,769 | $35,031 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/22/2025 08/22/25 | Price Changed | $1,149,000 | -4.2% | $505 / Sq Ft |
08/01/2025 08/01/25 | For Sale | $1,199,000 | 0.0% | $527 / Sq Ft |
11/28/2022 11/28/22 | Rented | $2,900 | 0.0% | -- |
10/11/2022 10/11/22 | Price Changed | $2,900 | -7.9% | $2 / Sq Ft |
09/28/2022 09/28/22 | For Rent | $3,150 | 0.0% | -- |
12/08/2017 12/08/17 | Sold | $625,000 | -3.8% | $274 / Sq Ft |
10/28/2017 10/28/17 | Pending | -- | -- | -- |
10/11/2017 10/11/17 | For Sale | $650,000 | -- | $285 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $625,000 | Old Republic Title Company | |
Interfamily Deed Transfer | -- | Old Republic Title Company | |
Interfamily Deed Transfer | -- | Fidelity Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $750,000 | New Conventional | |
Closed | $490,000 | New Conventional | |
Closed | $500,000 | New Conventional | |
Previous Owner | $150,000 | Unknown | |
Previous Owner | $100,000 | Credit Line Revolving | |
Previous Owner | $52,800 | Unknown | |
Previous Owner | $50,000 | No Value Available |
Source: The MLS
MLS Number: 25550555

APN: 4004-006-013
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