3206 W 59th Street, Los Angeles, CA 90043

Description

**LIVE, RENT, INVEST — Remodeled Los Angeles Property with Multiple Permitted Living Spaces** Discover a rare opportunity to own a versatile Los Angeles property designed for flexible living and income potential. Featuring a beautifully remodeled main residence plus additional permitted living spaces, this property is ideal for owner-occupants, multi-generational households, investors, and buyers looking to offset housing expenses through rental income. With multiple usable living areas, modern upgrades, and a fully gated lot with RV access, opportunities like this are increasingly difficult to find in today's market. The beautifully updated main residence offers approximately 1,056 sq ft with 2 bedrooms and 2 full bathrooms, highlighted by an open-concept floor plan, quartz countertops, modern cabinetry, oversized breakfast bar, upgraded flooring, fresh interior and exterior paint, newer A/C system, and updated plumbing and electrical. A detached studio with private entrance and bathroom creates an ideal space for extended family, guests, rental income, or a home office. The studio currently includes a shower installed by the owner; buyer to independently verify permit status with the City of Los Angeles Building and Safety. Adding even more versatility, the detached 2-car garage is accompanied by a large finished bonus/recreation room, perfect for entertaining, fitness, hobbies, workspace, or additional storage. The fully gated lot offers privacy, generous parking, and rare RV access. City records indicate the primary structures are permitted. The overall configuration provides approximately 4 bedrooms and 3 bathrooms across all usable spaces. Buyer to independently verify square footage, permits, bedroom and bathroom count, and permitted uses. Conveniently located near major freeways, shopping, dining, and public transportation. Whether you're an owner-occupant looking to offset expenses, a multi-generational household seeking flexible living arrangements, or an investor searching for strong rental potential, this property delivers exceptional value and opportunity. **Short sale subject to lender approval. Offers submitted promptly.**

Listing description from the August 2026 sale, as reported to CRMLS.

Sale history

$800,000

Sold August 2026 · listed $775,000, orig. $720,000, on market June 2026, 39 days on market · MLS #DW26122491 · Source: CRMLS

Listing Agent: Janeth Pazmino · Listing Office: Keller Williams SELA · Contact: 562-335-5960 · Bought with: General NONMEMBER · NONMEMBER MRML

$799,000

Sold July 2024 · on market March 2024, 58 days on market · MLS #IV24060918 · Source: CRMLS

Listing Agent: ANTONIO CASTELAN · Listing Office: IKON PROPERTIES & INVESTMENTS · Contact: 951-781-4803 · Bought with: Janeth Pazmino · Keller Williams SELA

Explore Los Angeles