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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 UNDER CONTRACT$650,000
3206 W 59th Street, Los Angeles, California 90043
4Beds
3Baths
1,622Sqft
5,422Lot
Year Built
1923
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$401
HOA
-
Days on market
-
Sold On
-
MLS number
DW25165052
Home ConditionExcellent
Features
Good View: City Lights, Neighborhood
Patio
ViewCity Lights,Neighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $650.0K(15th), sqft - 1622(62th), 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. This is SHORT SALE – Subject to lender approval. Great opportunity for first time buyerS and investors looking for value.

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
07/30/25
$650,000
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 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.
Pros & Cons

Pros

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.
Updated Core Systems: Key infrastructure has been updated, including a newer A/C system and updated plumbing and electrical, mitigating common concerns associated with older homes.
Spacious and Usable Lot: A fully fenced 5,422 Sq Ft lot provides ample outdoor space for families and pets, along with valuable RV parking access.
Convenient Location: Strategically positioned near major freeways, shopping centers, and schools, offering excellent accessibility and convenience.

Cons

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.

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