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3206 W 59th Street, Los Angeles, California 90043, Los Angeles, 90043 - 4 bed, 3 bath

3206 W 59th Street, Los Angeles, California 90043 home-pic-0
ACTIVE$799,000
3206 W 59th Street, Los Angeles, California 90043
4Beds
3Baths
1,053Sqft
5,422Lot
Year Built
1923
Close
-
List price
$799K
Original List price
$850K
Price/Sqft
$759
HOA
-
Days on market
-
Sold On
-
MLS number
DW25072688
Home ConditionExcellent
Features
ViewCity Lights,Neighborhood

About this home

Possibly Over-Priced:The estimated price is 32% below the list price. We found 3 Cons,6 Pros. Rank: price - $799.0K(38th), sqft - 1053(13th), beds - 4(82th), baths - 3(69th).

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.

Nearby schools

2/10
Yes Academy
Public,•K-5•0.4mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•0.5mi
3/10
Angeles Mesa Elementary School
Public,•K-5•0.7mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•0.9mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•1.2mi
4/10
Centinela Elementary School
Public,•K-6•1.2mi
1/10
Lane (Warren) Elementary School
Public,•K-6•1.4mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.4mi
3/10
Windsor Hills Math Science
Public,•K-5•1.7mi
1/10
Horace Mann Junior High School
Public,•6-8•1.2mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.5mi
2/10
Audubon Middle School
Public,•6-8•1.6mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•2.7mi
2/10
Crozier (George W.) Middle School
Public,•7-8•2.7mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•3.3mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•0.7mi
2/10
Inglewood High School
Public,•9-12•2.4mi
2/10
George Washington Preparatory High School
Public,•9-12•3.7mi
9/10
Middle College High School
Public,•9-12•6.1mi

Price History

Date
Event
Price
07/05/24
Sold
$799,000
06/23/23
Sold
$690,000
06/21/23
Sold
$650,000
04/28/21
Sold
$590,500
04/28/21
Sold
$535,000
Condition Rating
Excellent
Despite being built in 1923, the property has undergone a 'fully remodeled' transformation with extensive recent upgrades. The description highlights a 'stunning open-concept kitchen with quartz countertops, new cabinetry,' 'designer-renovated bathrooms,' 'new flooring,' 'fresh interior and exterior paint,' 'modern lighting,' a 'newer A/C system,' and 'updated plumbing and electrical.' The exterior image supports a modern, clean, and well-maintained appearance. These comprehensive renovations indicate that all major components are new or virtually new, meeting current quality standards, aligning perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Income-Generating Potential: The property offers significant income potential with three functional and fully permitted living spaces, including a main house, a detached studio, and an ADU-ready garage, ideal for multi-generational living or rental income.
Extensive Modern Renovations: Recently fully remodeled, the property boasts a stunning open-concept kitchen with quartz countertops, designer bathrooms, new flooring, fresh paint, modern lighting, a newer A/C system, and updated plumbing and electrical.
Large & Versatile Lot: Situated on a fully fenced 6,750 Sq Ft lot (per description), the property provides ample outdoor space, RV parking access, and room for various outdoor activities or future enhancements.
Turnkey & Move-in Ready: With comprehensive recent upgrades and a 'move-in ready' status, the property offers immediate occupancy without requiring significant initial investments or renovations from the buyer.
Convenient Location: The property is conveniently positioned near major freeways, shopping centers, and schools, providing easy access to essential amenities and transportation routes in Los Angeles.

Cons

Significant Price Discrepancy: The current list price of $799,000 is substantially higher than the estimated property value of $542,360.07, indicating a potential overvaluation that may deter buyers or prolong market time.
Inconsistent Property Data: Discrepancies exist between the description and structured data regarding total square footage (1,622 sqft income vs. 1,053 sqft listed) and lot size (6,750 sqft vs. 5,422 sqft), which could lead to buyer confusion or questions about the property's true dimensions.
Age of Original Structure: Despite extensive renovations, the property's original construction date of 1923 means the underlying structure is over 100 years old, potentially raising concerns about long-term maintenance or unforeseen issues for some buyers.

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