1059 Thornton, Los Angeles, California 90063, Los Angeles, 90063 - 3 bed, 1 bath
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1059 Thornton
Los Angeles, California 90063
ACTIVE
CONDITION: FAIR
3Beds
1Baths
1,064Sq Ft
4,806Lot Size
Property Price
LIST PRICE$559,000
EST. MARKET VALUE
$565,965
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $559,000—positioned well below the $565,965 Fair Market Value by 1.2%. This valuation gap offers $6,965 in Instant Equity. With a Condition Rating of 4, the home requires cosmetic updates to modernize its 1924 vintage infrastructure. Its prime location near Cal State LA and Keck Hospital ensures strong rental demand. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Estimated Market Value
$565,965
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1059 Thornton Subject | $559,000* List Price | 3 | 1 | 1,064 | $532 | - |
A 1023 Sentinel Avenue Sold | $500,000 | 2 | 1 | 980 | $510 | 0.1 mi |
B 1046 N Bonnie Beach Place Sold | $485,000 | 4 | 2 | 1,082 | $448 | 0.7 mi |
C 3319 Blanchard Sold | $470,000 | 2 | 1 | 1,034 | $455 | 0.3 mi |
D 3724 Folsom St Sold | $660,000 | 3 | 2 | 1,200 | $550 | 0.6 mi |
E 1129 N Alma Sold | $540,000 | 3 | 2 | 792 | $682 | 0.1 mi |
F 1065 N Gage Avenue Sold | $475,000 | 2 | 1 | 898 | $529 | 0.4 mi |
G 3353 City Terrace Active | $575,000 List Price | 3 | 1 | 1,012 | $568 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1924, this 100-year-old property shows signs of a partial kitchen renovation (shaker cabinets and subway tile) likely performed 10-15 years ago, but remains dated overall. The exterior displays visible wear with a cracked brick walkway and aging siding, and the single bathroom is basic, suggesting the home needs minor repairs and cosmetic updates to be fully modernized.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Commuter Location
Ideally situated in the City Terrace area with excellent proximity to Downtown LA, Keck Hospital, Cal State LA, and major freeway interchanges.
- Entry-Level Affordability
Priced competitively at $559,000, this property offers a rare and accessible entry point for first-time buyers into the Los Angeles residential market.
- Functional Family Layout
The home features a desirable three-bedroom configuration, providing sufficient living space for a young family within a manageable 1,064 square foot footprint.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Limited Bathroom Count
With only one bathroom serving three bedrooms, the property may present logistical challenges for larger households or growing families.
- Vintage Infrastructure
Built in 1924, the century-old structure likely requires significant modernization of systems and cosmetic updates to meet contemporary standards.
About 1059 Thornton
PRICED TO SELL! 3 BR 1ba in CITY TERRACE AREA, CLOSE TO FRWY'S, TRANSPORTATION , DOWNTOWN LA, KECK HOSPITAL & CAL STATE LA GREAT BEGINNER HOME FOR YOUNG FAMILY
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 4,806 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Evergreen Avenue Elementary School
Grades K-6 • 0.3 mi
4/10
Harrison Street Elementary School
Grades K-6 • 0.4 mi
3/10
Malabar Street Elementary School
Grades K-6 • 0.4 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,064 | 1,664.159 |
| Lot Size | 4,806 | 6,066.556 |
| Price | $559.0K | $1.35M |
| Price per sq ft | $525 | $806 |
| Built year | 1924 | 1939 |
| HOA | $0 | $278 |
| Days on market | 16 | 55 |
Pricing History
Listed for Sale
Aug 24, 2026
$559,000
Initial Listing