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Sold for $750,000
  • $750,000

    1341 E 59th Pl, Los Angeles, CA 90001

    5beds
    4baths
    1,580sqft
    Multi Family
    Built in 1923
    -- sqft lot
    $741,400 Zestimate®
    $475/sqft
    $3,137 Estimated rent

    Home value

    $741,400

    $667,000 - $823,000

    $3,137/mo

    Zestimate® history
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    $4,778/mo

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    What's special

    Part of an 11 Building Portfolio! Can be sold individually or as a portfolio. 1341 E. 59th Pl is a fully occupied 4-unit opportunity in South Los Angeles. The subject property offers and investor a great unit mix consisting of (2) 2 Bed / 1 Bath and (1) 1 Bed / 1 Bath and (1) Studio unit spread out over 1,580 square feet of gross leasable area and was built in 1923. The building sits on a 4,744 square foot lot that is zoned LAR3YY. There is significant upside in rents while also offering a great day one cash flow. Buyer to verify feasibility of adding an ADU to the property for additional value add potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter James DRE # 01748556 310-467-7581,

    Lyon Stahl Investment Real Estate, Inc. 310-425-9838,

    William James DRE # 01734419 310-600-9858,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Boris Almengor, DRE # 02092597

    Compass

    Source: CLAW,MLS#: 24-459385MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Wall
    Cooling
    • None
    Appliances
    • Included: Refrigerator, Range/Oven, Gas Water Heater, Water Heater Unit
    • Laundry: None
    Interior area
    • Total structure area: 1,580
    • Total interior livable area: 1,580 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Open, Gated
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Fenced
    Lot
    • Size: 4,748 Square Feet
    • Features: Rectangular Lot, Single Lot
    Details
    • Additional structures: None
    • Parcel number: 6008024031
    • Zoning: LCR3YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Roof: Asphalt,Flat,Rolled/Hot Mop
    Condition
    • Year built: 1923

    Utilities & green energy

    • Sewer: In Street
    • Water: Public

    Community & HOA

    Community
    • Security: Gated
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $475/sqft
    • Tax assessed value: $541,457
    • Annual tax amount: $9,012
    • Date on market: 11/1/2024
    • Tenant pays: Gas, Electricity

    Price history

    DateEventPrice
    2/3/2025Sold$750,000$475/sqft
    Source: CLAW #24-459385 Report a problem
    1/22/2025Contingent$750,000$475/sqft
    Source: CLAW #24-459385 Report a problem
    11/1/2024Listed for sale$750,000+48.5%$475/sqft
    Source: CLAW #24-459385 Report a problem
    11/27/2018Sold$505,000$320/sqft
    Source: Public Record Report a problem
    10/23/2018Pending sale$505,000$320/sqft
    Source: Keller Williams Beverly Hills #18389806 Report a problem
    10/16/2018Price change$505,000-8.2%$320/sqft
    Source: Keller Williams Beverly Hills #18389806 Report a problem
    9/24/2018Listed for sale$550,000$348/sqft
    Source: Keller Williams Beverly Hills #18389806 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,012 +3.2%$563,330 +2%
    2024$8,736 +5.7%$552,285 +2%
    2023$8,262 +4.4%$541,457 +2%
    2022$7,916 +1.1%$530,842 +2%
    2021$7,832 -0.7%$520,435 +1%
    2020$7,885 $515,100 +2%
    2019$7,885 +261.3%$505,000 +1109.7%
    2018$2,182 $41,745 +2%
    2017$2,182 +1.3%$40,928 +2%
    2016$2,154 +2.3%$40,126 +1.5%
    2015$2,105 +0.2%$39,524 +2%
    2014$2,100 $38,750 +2.5%
    2012-- $37,821 +2%
    2011-- $37,080 +0.5%
    2009-- $36,893 +2%
    2008-- $36,171 +2%
    2007-- $35,463 +2%
    2006-- $34,769
    2005-- $34,769 +4%
    2004-- $33,421 +1.9%
    2003-- $32,810 +6.1%
    2000-- $30,920
    Find assessor info on the county website

    Neighborhood: 90001

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $741,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $741,400