4
Bedrooms
Sold for $785,000 · Jul 2022
SOLDListed at $699,000
Los Angeles, CA
MLS# 22163786
William Robertson
Listing Agent
Keller Williams Hollywood Hills
DRE #: 01982612
Brokerage: Keller Williams Hollywood Hills
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
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.
Earthquake data is shown from a real public source (USGS)
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1 recorded sale
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).
| Quarter | Closed sales in 90001 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $532,389 |
| Q2 2026 | 31 | $645,000 |
| Q3 2026 | 23 | $643,000 |
| Q4 2026 | 6 | $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
Closed sales reported in 90001, nearest first, last 12 months. All recent sales in Los Angeles →
1201 E 59TH Place
Contact William Robertson
Contact via Nalren messaging
Contact Listing Agent
Keller Williams Hollywood Hills
DRE #01982612
Contact information is not available for this listing.