3206 W 59th Street, Los Angeles, California 90043, Los Angeles, 90043 - 4 bed, 3 bath
3206 W 59th Street
Los Angeles, California 90043
Property Price
SUMMARY
Analysis of 3206 W 59th Street, Los Angeles, California 90043 reveals a Fairly Priced Property with a current list price of $650,000 aligned with the estimated $650,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3206 W 59th Street Subject | $650,000* List Price | 4 | 3 | 1,622 | $401 | - |
A 4904 6th Avenue Sold | $775,000 | 4 | 2 | 1,640 | $473 | 0.9 mi |
B 5455 5th Avenue Sold | $750,000 | 3 | 2 | 1,506 | $498 | 0.4 mi |
C 3420 W 71st Street Sold | $705,000 | 3 | 2 | 1,408 | $501 | 0.8 mi |
D 5151 West Boulevard Sold | $700,000 | 3 | 1 | 1,430 | $490 | 0.7 mi |
E 5717 4th Avenue Pending | $745,000 List Price | 3 | 2 | 1,708 | $436 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1923, the property has undergone a recent and extensive full remodel, as explicitly stated in the description and evidenced by the images. The kitchen features new white shaker cabinetry, quartz countertops, stainless steel appliances, a modern gold-tone sink, and contemporary pendant lighting. Bathrooms are designer-renovated with modern floating vanities, marble-look tile, and sleek black-framed shower enclosures. New wood-look laminate flooring, fresh paint, modern lighting, a newer A/C system, and updated plumbing and electrical throughout the main living spaces indicate that all components are virtually new and meet current quality standards, aligning perfectly with the 'Excellent' condition criteria for a recently renovated property.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Income-Generating Potential
The property offers triple income opportunity with three functional and fully permitted living spaces, including a detached studio and an ADU-ready garage, ideal for rental income or multi-generational living.
- Extensive Modern Renovation
Fully remodeled with designer-renovated bathrooms, a stunning open-concept kitchen with quartz countertops, new cabinetry, and recent upgrades including new flooring, paint, and modern lighting, making it move-in ready.
CONSRISKS & DEFICIENCIES
- Short Sale Status
The property is a short sale, subject to lender approval, which can lead to a more complex, uncertain, and potentially lengthy transaction process for buyers.
- Lower-Rated Local Schools
Several nearby schools have low ratings (1-2 out of 10), which may be a significant consideration for families prioritizing public education options.
- ADU Conversion Not Complete
While the detached garage has a 'permitted room' and is 'ready to be converted' into a third income unit, it implies additional time, cost, and effort for the buyer to fully realize this potential.
About 3206 W 59th Street
Move-in Ready 4 Bedrooms • 3 Bathrooms • 1,622 Sq Ft of Income on One Lot with Triple Opportunity! Welcome to this fully remodeled, income-generating gem in Los Angeles a versatile property offering three functional and fully permitted living spaces, ideal for multi-generational living, house hacking, or maximizing rental income. The main house features 2 spacious bedrooms, 2 designer-renovated bathrooms, and a stunning open-concept kitchen with quartz countertops, new cabinetry, and an oversized breakfast bar perfect for entertaining. Recent upgrades include new flooring, fresh interior and exterior paint, modern lighting, a newer A/C system, and updated plumbing and electrical. The detached studio-style space offers a private entrance and full bathroom, making it ideal for short- or long-term rentals, a guest suite, or a private office.The detached 2-car garage includes a new electric gate and permitted room, ready to be converted into a third income-producing unit or ADU. Located on a fully fenced 6,750 Sq Ft lot, the property features RV parking access and ample space for families and pets to enjoy. Conveniently positioned near major freeways, shopping centers, and schools. Whether you're an investor looking for reliable passive income or a homeowner seeking flexibility and future value, this turnkey property delivers from day one. Schedule your private showing today and unlock its full potential. This is SHORT SALE – Subject to lender approval. Great opportunity for first time buyerS and investors looking for value.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 5,422 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Yes Academy
Grades K-5 • 0.4 mi
Fifty-Ninth Street Elementary School
Grades K-5 • 0.5 mi
Angeles Mesa Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 83% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 1,622 | 1,474 | 62% |
| Lot Size | 5,422 | 6,149 | 31% |
| Price | $650.0K | $850.0K | 17% |
| Price per sq ft | $401 | $622 | 8% |
| Built year | 1923 | 1926 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 219 | 177 | 74% |
Pricing History
Listed for Sale
Jul 30, 2025
$650,000
Initial Listing
Sold
Jul 5, 2024
$799,000
Public Record
Sold
Jun 23, 2023
$690,000
Public Record
Sold
Jun 21, 2023
$650,000
Public Record
Sold
Apr 28, 2021
$590,500
Public Record
Sold
Apr 28, 2021
$535,000
Public Record