160 W 59th St
Los Angeles, CA 90003

Bd   — Ba   2,700 Sqft
***LOWEST PRICE PER SQUARE FOOT DUPLEX IN THE AREA*** 2 legal Units, with a BONUS 3RD UNIT, on a Palm Tree Lined Street! PERFECT FOR FHA-203K, or Conventional Financing. Front House is a 4 Bedroom Original Craftsman Home, with tons of Charm, and boasting Over 1,760sf. With a little TLC, this unit will shine! All original Wood floors, and Beamed Ceilings round out the Living and Dining Areas. Stone Wall Fireplace, Original Wood Framed Windows and Doors, keep the Integrity in tact, and Built Ins and Pillars are just the Cherry on top! This house can be Restored to its original Glory, very easily... Long Driveway for Parking. Rear Structure is a 2 car garage with Barn style doors. Upstairs Houses a 2 Bedroom 1 bath Rental Unit, and Bonus 3rd Unit Downstairs, intended for storage, but is a functional Studio with small Kitchen and Bath.. This property has the potential for a 9%Cap rate if Rents are Increased and 3rd unit rent is collected. Rents are not currently at Max Potential, and Expenses are extremely low. Rear 2 bedroom unit Collects $1,280/Month in rental income, and Bonus unit can Potentially collect $700/month. Live in the front house, and collect nearly $2K/month in rent to supplement your mortgage, and Restore this Beautiful Craftsman!
  • Property Type: Multi Family
  • MLS#: WS16720398
  • MLS:
  • Listing Office: REH REAL ESTATE
  • Listed By: ROBERT SILVA
  • Movoto last checked CRMLS for new data 47 minutes ago
  • CRMLS last updated this listing 5 months ago

Home Features for 160 W 59th Street , Los Angeles

Year Built: 1912
Lot Size Acres: 0.13
Lot Size Square Feet: 5795
Lot Size Units: Square Feet
Lot Size Area: 5795
Price Per Square Foot: 151.85
Tax Lot: 1
Tax Tract Number: 9999
New Taxes Expense: 5174
Parcel Number: 6005012001
Tax Census Tract: 2392.01
Special Listing Conditions: Standard
Standard Status: Closed
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Property History for 160 W 59th Street, Los Angeles

Status
Date
Price
Sold
Jan 24, 2017
$410,000
Pending
Jan 20, 2017
Active Under Contract
Dec 16, 2016
Price Change
Nov 17, 2016
$439,000
Price Change
Oct 19, 2016
$458,999
Listed
Oct 7, 2016
$459,000
#WS16720398
Listed
Jul 19, 2016
$459,000
#WS16157843
Listed
Jun 7, 2016
$469,000
#WS16122617

Refinance Rates for 160 W 59th Street, Los Angeles

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Public Record for 160 W 59th Street, Los Angeles

3 Beds
2 Baths
2,340 Sqft Building Area
Duplex (2 units, any combination)
5,795 Sqft Lot Size
1912 Year Built
08/19/2009 Last Sale Date

Real Estate Market Statistics for 160 W 59th Street, Los Angeles

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160 W 59th Street

List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$439K

160 W 59th Street

$399K

CANNDU

11% y/y

CANNDU

$359K

90003

1% y/y

90003

$990K

Los Angeles

4% y/y

Los Angeles

See all trends for Los Angeles
160 W 59th St in ZIP code 90003 is a multi family home that was last listed for $410,000. This is 14% above the current median of $359,900 for 90003 and 59% below the current median price of $990,000 for the city of Los Angeles, CA. As of today, , there are 33 properties listed for sale in the 90003 area and 2,075 properties listed for sale in Los Angeles. Of those 2,075 properties for sale, 1,413 are single family homes and 662 are condos. 160 W 59th St is approximately 2,700 square feet, 60% above the Los Angeles median of 1,689 and 136% above the 90003 ZIP code median of 1,146. The price per Sqft was $152 which is 53% below the current median price in 90003 of $322 and 75% below the Los Angeles median of $617 per Sqft.
Built in 1912, this multi family house at 160 W 59th St, Los Angeles CA, 90003 is approximately 2,700 square feet and comes with 2 parking spots. It was last listed with a cost per Sqft of $152. 160 W 59th St is located in the CANNDU neighborhood in the Los Angeles Unified School District. The closest school is Aspire Juanita Tate Academy Charter.

160 W 59th St, Los Angeles CA, 90003 was on the market for 109 days. The median days on the market for properties in this area is 42 with a median list price of $990,000 and median cost per square foot of $617. Its current status is sold under the MLS #WS16720398.

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