2914 W 59th, Los Angeles, California 90043, Los Angeles, 90043 - 0 bed, 0 bath
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2914 W 59th
Los Angeles, California 90043
ACTIVE
CONDITION: POOR
0Beds
0Baths
1,468Sq Ft
4,801Lot Size
Property Price
LIST PRICE$799,999
EST. MARKET VALUE
$669,316
19% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $799,999—positioned well above the $669,316 Fair Market Value by -19%. While the pricing reflects a premium, the Duplex configuration offers significant utility for house-hacking or rental income. With a Condition Rating of 5, the property requires a comprehensive renovation of aging systems. The potential for Junior ADU conversion provides a clear path to forced appreciation. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants capable of managing a major value-add project.
Estimated Market Value
$669,316
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 |
|---|---|---|---|---|---|---|
★ 2914 W 59th Subject | $799,999* List Price | 0 | 0 | 1,468 | $456 | - |
A 5330 3rd Avenue Sold | $650,000 | 0 | 0 | 1,540 | $422 | 0.6 mi |
B 5714 10th Sold | $750,000 | 3 | 2 | 1,784 | $420 | 0.3 mi |
C 5700 3rd Active | $710,000 List Price | 0 | 0 | 1,600 | $444 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1925, this property shows significant signs of age with no evidence of recent renovations. The kitchen is highly outdated with cabinets and appliances appearing to be over 30 years old, and the listing's focus on 'investment opportunity' and 'potential' suggests the need for a comprehensive rehab of systems and finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Dual-Unit Income Potential
The duplex configuration offers excellent versatility for house-hacking, allowing an owner-occupant to live in one unit while generating rental income from the other to offset mortgage expenses.
- ADU Development Opportunity
The existing garage provides a significant value-add opportunity for conversion into a Junior ADU, subject to city permits, which could further increase the property's cash flow and total equity.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The majority of the assigned public schools for this address have low performance ratings (1-3 out of 10), which may be a deterrent for families prioritizing education quality.
- Vintage Infrastructure
Built in 1925, the property may require significant capital expenditure for updates to aging electrical, plumbing, and structural systems typical of century-old homes.
About 2914 W 59th
**INVESTMENT OPPORTUNITY WITH INCOME POTENTIAL!** Welcome to 2914 W 59th Street, a versatile two-unit property offering an excellent opportunity for an owner-occupant, multigenerational household, or investor. **Live in one unit and rent out the other** to help offset your monthly housing expenses while building long-term equity. The property's two-unit configuration provides flexibility for a variety of living and investment strategies. Located in the Hyde Park/Park Mesa Heights area of Los Angeles, the property offers convenient access to shopping, dining, transportation, major freeways, and surrounding Los Angeles communities. Adding even more potential, the existing garage may provide an opportunity for future development or conversion into a **Junior ADU(s), subject to applicable City of Los Angeles requirements, permits, zoning, and approvals**. Buyers are encouraged to independently verify development potential with the appropriate city departments. Whether you're looking to house-hack, accommodate extended family, generate rental income, or expand your investment portfolio, this property offers **multiple possibilities in one of Los Angeles' established neighborhoods.** **Don't miss the opportunity to explore the potential of this unique two-unit property!**
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1925
- Lot Size
- 4,801 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Fifty-Ninth Street Elementary School
Grades K-5 • 0.3 mi
2/10
Yes Academy
Grades K-5 • 0.5 mi
2/10
Angeles Mesa Elementary School
Grades K-5 • 0.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,468 | 2,187.451 |
| Lot Size | 4,801 | 5,841.385 |
| Price | $800.0K | $841.5K |
| Price per sq ft | $545 | $385 |
| Built year | 1925 | 1928 |
| HOA | $0 | $0 |
| Days on market | 8 | 85 |
Pricing History
Listed for Sale
Sep 1, 2026
$799,999
Initial Listing