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!
  • Neighborhood: CANNDU
  • Days on Movoto: 109
  • Year Built: 1912
  • HOA: $0 HOA
  • $/Sqft: $152
  • Lot: 5,795 Sqft
  • Property Type: Multi Family
  • MLS#: WS16720398
  • MLS:
  • Listing Office: REH REAL ESTATE
  • Listed By: ROBERT SILVA
  • Movoto last checked CRMLS for new data 5 minutes ago
  • CRMLS last updated this listing 4 months ago
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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

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
160 W 59th St is a multi family home located in 90003 in Los Angeles, CA. It was last listed for $410,000, which is 15% above the current market median of $357,000 in 90003 and 59% below the market median of $989,950 in Los Angeles. 160 W 59th St is approximately 2,700 Sqft, which is 58% above the median size in Los Angeles of 1,713 square feet and 143% above the median size in 90003 of 1,113 square feet. This property's price per Sqft was $152, which is 54% below the current median in 90003 of $334 and 75% below the Los Angeles median of $615. As of today, , there are 38 properties listed for sale in ZIP code 90003 and 2,014 properties listed for sale in the city of Los Angeles. Of those 2,014 properties, there are 1,415 single family houses and 599 condos.
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 36 with a median list price of $989,950 and median cost per square foot of $615. Its current status is sold under the MLS #WS16720398.

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