1500 W 59th, Los Angeles, California 90047, Los Angeles, 90047 - bed, bath
1500 W 59th
Los Angeles, California 90047
Property Price
SUMMARY
Analysis of 1500 W 59th, Los Angeles, California 90047 is currently available with a list price of $565,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1926, this property is nearly a century old with no apparent major renovations in recent decades. The exterior images reveal significant wear, neglect, and deferred maintenance, including worn stucco, a rusty fence, and an old TV antenna, suggesting outdated systems. The lack of interior photos, combined with the 'Advanced Age of Property' weakness in the analysis, indicates that the kitchen, bathrooms, and major systems (electrical, plumbing, HVAC) are likely original or very old, requiring substantial repairs and rehabilitation to meet modern standards and ensure safety and comfort.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Income-Generating Duplex
The property is a 2-unit duplex, offering excellent flexibility for an owner-occupant to offset mortgage payments with rental income, or for an investor to generate consistent cash flow from both units.
- Los Angeles Market Location
Situated in the desirable Los Angeles market, the property benefits from strong rental demand, a large tenant pool, and potential for long-term capital appreciation inherent to major metropolitan areas.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3363, other record lot size in square feet = 3123. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1156, other record living area = 728.
- Advanced Age of Property
Built in 1926, the property is nearly a century old, which likely means outdated systems (plumbing, electrical, HVAC) and potential for deferred maintenance, requiring significant capital expenditure for renovations and upkeep.
- Compact Unit Sizes
With a total of 1156 sqft divided into two 2-bedroom, 1-bathroom units, each unit is relatively small (approximately 578 sqft), which may limit appeal to certain tenant demographics or command lower rental rates compared to larger units.
About 1500 W 59th
I proudly present to you this great Duplex in the wonderful city of Los Angeles. This 2-unit property features 2 bedrooms and 1 bath in each unit and has a detached garage for on-site parking. This property features lot's of potential, you can either live in one and rent the other to lower your payment or rent both units and make it a great addition to your Real Estate portfolio.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1926
- Lot Size
- 3,363 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Budlong Avenue Elementary School
Grades K-5 • 0.4 mi
Western Avenue Elementary School
Grades K-5 • 0.5 mi
Fifty-Ninth Street Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,156 | 1,926 | 6% |
| Lot Size | 3,363 | 6,029 | 6% |
| Price | $565.0K | $830.0K | 11% |
| Price per sq ft | $489 | $410 | 83% |
| Built year | 1926 | 1942 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 116 | 201 | 17% |
Pricing History
Listed for Sale
Nov 10, 2025
$565,000
Initial Listing
Sold
Aug 10, 1993
$85,000
Public Record