160 W 59th St
Los Angeles, CA 90003

Bd   — Ba   2,340 Sqft
(***7%CAP, 11 GRM***)2 Units, Plus Bonus 3rd on a Palm Tree Lined Street! 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. (3rd Unit Rent NOT included in Property Financial Analysis). This property is a currently a 7% Cap Rate, Not Including the 3rd unit, and can be increased to a 9%Cap if Rents are Increased and 3rd unit is rented. Rents are High but not at Max Potential, and Expenses are extremely low. Property Collects a Total of $3,340/month in Rents. This Property Pays for Itself, AND Cash-flows Nicely!
  • Neighborhood: CANNDU
  • Days on Movoto: 294
  • Year Built: 1912
  • HOA:
  • $/Sqft: $200
  • Lot: 5,721 Sqft
  • Property Type: Single Family
  • MLS#: WS16122617
  • MLS:
  • Listing Office: REAL ESTATE HEAVEN, SO PAS
  • Listed By: ROBERT SILVA
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Property History

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

Public Record

Basic Info
Beds : 3
Baths : 2
Building Area : 2,340 Sqft
Duplex (2 units, any combination)
Partial Baths :
Rooms :
Lot Size : 5,795 Sqft
Year Built : 1912
Last Sale Price :
Last Sale Date : 08/19/2009
House Features

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YOU
ARE
HERE
160 W 59th St
  • $469,000
  • Off Market

    294 days

  • — Bd
  • — Ba
  • 2,340 Sqft
  • $200/Sqft
  • 5,721 Sqft Lot
  • Built 1912
Built in 1912, this single family house at 160 W 59th St, Los Angeles CA, 90003 is approximately 2,340 square feet and comes with 8 parking spots. It was last listed with a cost per Sqft of $200. 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 294 days. The median list price for properties in this area is $ Its current status is removed under the MLS #WS16122617.

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