Seize this unique multi-property development opportunity located just minutes from downtown Los Angeles in a thriving high-growth area. This prime LAR3 corner lot spans 6,751 square feet and presents the potential to develop 8 to 10 units. The 3 bedroom/ 1 bathroom home offers 1,213 sq feet. The tenant in the Auto Repair shop currently has a lease that expires soon on May 2025. Additional income is generated from the Billboard and is managed by Lamar. Close proximity to stores, shops, transportation, and freeways. Seller is very motivated! Submit your offer! All offers will be responded to within 48 hours.
Sold for $500,000
$500,000
300 E 59th Pl, Los Angeles, CA 90003
3beds
2,185sqft
Residential
Built in 1920
6,751 Square Feet Lot
$494,600 Zestimate®
$229/sqft
$3,790 Estimated rent
Home value
$494,600
$445,000 - $549,000
$3,790/mo
Zestimate® history
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$3,201/mo
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Corner lotUnique corner lot
Zillow last checked:
Listing updated:
Listed by:
Rafael Oseguera DRE # 01269539 323-819-4086,
Pacific Inter Capital Investment Soluti 818-827-2636
Bought with:
Rafael Oseguera, DRE # 01269539
Pacific Inter Capital Investment Soluti
Source: CLAW,MLS#: 24-438731
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Other
Heating
- Wall
Cooling
- None
Appliances
- Laundry: None
Features
- Flooring: Other
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,185
- Total interior livable area: 2,185 sqft
Property
Parking
- Total spaces: 4
- Parking features: None
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,751 Square Feet
Details
- Additional structures: Other
- Parcel number: 6006028029
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential
Condition
- Year built: 1920
Community & HOA
HOA
- Has HOA: No
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $457,399
- Annual tax amount: $5,995
- Date on market: 9/12/2024
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2025 | Sold | $500,000-22.5%$229/sqft |
Source:  CLAW #24-438731 Report a problem | ||
| 4/22/2025 | Contingent | $645,000$295/sqft |
Source: CLAW #24-438731 Report a problem | ||
| 3/14/2025 | Price change | $645,000-0.8%$295/sqft |
Source: CLAW #24-438731 Report a problem | ||
| 3/12/2025 | Listed for sale | $650,000$297/sqft |
Source: CLAW #24-438731 Report a problem | ||
| 3/2/2025 | Contingent | $650,000$297/sqft |
Source: CLAW #24-438731 Report a problem | ||
| 1/31/2025 | Listed for sale | $650,000-7%$297/sqft |
Source: CLAW #24-438731 Report a problem | ||
| 12/11/2024 | Contingent | $699,000$320/sqft |
Source: CLAW #24-438731 Report a problem | ||
| 9/12/2024 | Listed for sale | $699,000+304%$320/sqft |
Source: CLAW #24-438731 Report a problem | ||
| 6/8/2022 | Sold | $173,000$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,995 +1.7% | $457,399 +2% |
| 2024 | $5,892 +8.6% | $448,431 +9.5% |
| 2023 | $5,425 +4.6% | $409,614 +2% |
| 2022 | $5,186 +1.4% | $401,583 +2% |
| 2021 | $5,116 -0.9% | $393,710 +1% |
| 2020 | $5,162 | $389,674 +2% |
| 2019 | $5,162 +7.1% | $382,034 +2% |
| 2018 | $4,821 | $374,544 +147.4% |
| 2017 | $4,821 +134% | $151,369 +2% |
| 2016 | $2,060 +3.5% | $148,402 +1.5% |
| 2015 | $1,990 | $146,174 +22.9% |
| 2002 | -- | $118,929 +15.5% |
| 2000 | -- | $103,000 |
Find assessor info on the county website
Neighborhood: Southeast Los Angeles
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Nearby schools
GreatSchools rating
- 3/10Aspire Inskeep Academy CharterGrades: K-6Distance: 0.3 mi
- 4/10Los Angeles Academy MiddleGrades: 6-8Distance: 0.5 mi
- 4/10Performing Arts Community At Diego Rivera Learning ComplexGrades: 9-12Distance: 0.8 mi
Get a cash offer in 3 minutes
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Estimated market value
$494,600
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
$494,600
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