$8,312 Closing Credit¹
#SR24204885, David Prieto, Listing Office: Sync Brokerage, Inc.
#24459385·
Listing Office: Lyon Stahl Investment Real Estate, Inc.·
Listing Agent: Peter James·
Listing Office Phone: 310-425-9838
$8,906
closing credit¹
1341 E 59th Pl Los Angeles, CA 90001
$750,000 List price
$8,906
Closing credit¹
5 beds
4 baths
1,580 sqft
0.1 acres
$475 / sqft
House
Property details
About 1341 E 59th Pl
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.
Highlights
Home typeOther
HeatingWall Furnace
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
Size1,580 sqft
Lot size0.109 Acres
Year built1923
ParkingGated, Uncovered
MLS #24459385
Summary
- MLS Number: 24459385
- MLS Name: CRMLS
- Office Name: Lyon Stahl Investment Real Estate, Inc.
- Office Phone: (310) 425-9838
- Listing Agent: Peter James
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$750,000
1341 E 59th Pl
$8,906
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 27, 2018 | Home Sold | $505,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $552,285 | $8,736 |
| 2023 | $541,457 | $8,262 |
| 2022 | $530,842 | $7,916 |
| 2021 | $520,435 | $7,832 |
| 2020 | $515,100 | $7,613 |
| 2019 | $505,000 | $2,182 |
| 2018 | $41,745 | $2,153 |
| 2017 | $40,928 | $2,153 |
History based on county public records data.
Nearby schools
7
Dr. Lawrence H. Moore Math / Science / Technology Academy
Public District KG-5
0.1 mi
•1321 E 61st St
4
Miramonte Elementary School
Public District KG-5
0.6 mi
•1400 E 68th St
4
Lillian Street Elementary School
Public District KG-6
0.6 mi
•5909 Lillian St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,343. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The majority of families are married, with kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
30%
<35k
54%
35k-100k
11%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
21%
Single, No Kids
27%
Single, with Kids
11%
Married, No Kids
41%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
12%
12-17 yrs old
29%
18-34 yrs old
30%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1341 E 59th Pl
This home is located at 1341 E 59th Pl in Los Angeles, CA and zip code 90001 in the South LA neighborhood. This 1,580 square foot home, which was built in 1923, sits on a 0.11 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 1, 2024 and is currently priced at $750,000.
While more than 524 listings in Los Angeles, CA in December 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 740 were sold below. The number of homes for sale in Los Angeles, CA decreased by 5.3% between November and December 2024. In December 2024 median list price was $1,026,634 and the average listing age was 41 days.
From Rocket Homes Real Estate and based on county public records data.