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Sold for $785,000 · Jul 2022

SOLD

Listed at $699,000

Sold

1201 E 59TH Place, Los Angeles, CA 90001

Los Angeles, CA

MLS# 22163786

1,296 Sq Ft • Single Family Home4bd • 3ba
8 days on market

Listing Agent

William Robertson

Listing Agent

Keller Williams Hollywood Hills

DRE #: 01982612

Brokerage: Keller Williams Hollywood Hills

Property Details

4

Bedrooms

3

Bathrooms

1,296 sqft

Square Feet

1930

Year Built

0.25 acres

Lot Size

$606

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

ALL OFFERS DUE BY TUESDAY 6/21 BY 5PM. Have you been seeking an ideal real estate investment opportunity in South Los Angeles? Located in a highly desirable rental area, this spacious property includes a 4BR/3BA, 1,000+sqft home and two lots. Explore the fixer-upper to discover an openly flowing traditional floorplan, tons of natural light, hardwood flooring, a large living room, a laundry area, a detached 2-car garage with a paved driveway, two spacious lots (6008-008-017 and 6008-008-018), and a fun retro kitchen featuring a gas range, ample cabinetry, a dishwasher, and a double sink. All bedrooms are generously sized with dedicated closets, while the two full bathrooms have bathtubs. Offering the potential for up to seven-units, the property provides an abundance of opportunity for positive cashflow or capital gains. As a bonus for future tenants or buyers, the home is located only minutes from shopping, restaurants, entertainment, schools, and cafs. With tons to offer, this centrally located fixer-upper will go quickly. Call now to schedule your private and exclusive tour!

Listing description from the July 2022 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
None
Heating
WallFurnace

Sale history for 1201 E 59TH Place

1 recorded sale

$785,000
Sold July 2022 · listed $699,000, on market June 2022, 8 days on market · MLS #22163786 · Source: CRMLS
Listing Agent: William Robertson · Listing Office: Keller Williams Hollywood Hills · Contact: 310-623-1300 · Bought with: William Robertson · Keller Williams Beverly Hills

How this sale compares

1201 E 59TH Place sold for $785,000 in July 2022, 12% over its $699,000 list price, after 8 days on the market. That works out to $606 per square foot on 1,296 square feet. Across 64 closed sales in 90001 over the last 12 months, the median sold price is $644,000 and the median is $533 per square foot, 12% below this sale's $606. 4-bedroom rentals in 90001 currently list at a median of $3,575 a month (8 listings).

$606
This sale, per sq ft
$533
90001 median per sq ft (12 mo)
$644,000
90001 median sold price (12 mo)
64
Closed sales in 90001 (12 mo)
8
Days on market
+12%
Sold vs. list price
QuarterClosed sales in 90001Median sold price
Q1 20264$532,389
Q2 202631$645,000
Q3 202623$643,000
Q4 20266$655,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90001

Recent sales near 1201 E 59TH Place

Closed sales reported in 90001, nearest first, last 12 months. All recent sales in Los Angeles →

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