4237 W 59th Place, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 1 bath
ACTIVE$800,000$1,632/sqft
Est. Value: $820,605
2%
FairlyEstimate
4237 W 59th Place, Los Angeles, California 90043
3Beds
1Bath
1,632Sqft
5,568Lot
Price Vs. Estimate
The estimated value mostly matches the list price at $800,000.
Key pros and cons
Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
Extensive Renovation Required: Built in 1927 and presented as a 'canvas for renovation,' the property likely requires significant updates and investment to meet modern living standards.
Compared to the nearby listings
Price:$800.0K vs avg $850.0K ($-50,000)38%
Size:1,632 sqft vs avg 1,521 sqft61%
Price/sqft:$490 vs avg $61919%
More Insights
Built in 1927 (99 years old).
Condition: Built in 1927, this property is explicitly described as an 'investor’s dream' and a 'solid canvas for renovation,' indicating it requires substantial repairs and rehabilitation. The listing notes 'extensive renovation required' and it's a probate sale, typically sold 'as-is.' With only one bathroom for three bedrooms, major functional updates are needed. The exterior images show a dated appearance, and without interior photos, it's safe to assume the kitchen, bathrooms, and other systems are significantly outdated and in need of full replacement to meet modern standards.
Year Built
1927
Close
-
List price
$800K
Original List price
$800K
Price/Sqft
$490
HOA
-
Days on market
-
Sold On
-
MLS number
OC26010684
Home ConditionPoor
Features
View-
About this home
This probate listing is an investor’s dream, offering exceptional potential in the prestigious Park Hills Heights community. Featuring 3 bedrooms and 2 bathrooms, this well-located home presents a solid canvas for renovation, value-add improvements, or long-term investment. Location is key, and this property delivers—centrally situated near schools, shopping, and major transportation routes, with convenient access to SoFi Stadium, L.A. Live, and the thriving tech and coastal hubs of Silicon Beach. A rare opportunity to invest in a highly desirable Los Angeles neighborhood with strong upside and long-term growth potential.
D
Davin Emmons
Listing Agent
Nearby schools
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•0.5mi
4/10
Centinela Elementary School
Public,•K-6•0.6mi
3/10
Windsor Hills Math Science
Public,•K-5•0.7mi
2/10
Yes Academy
Public,•K-5•1.3mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.7mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•1.7mi
1/10
Lane (Warren) Elementary School
Public,•K-6•2.0mi
2/10
Forty-Second Street Elementary School
Public,•K-5•2.1mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•2.1mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•1.5mi
2/10
Crozier (George W.) Middle School
Public,•7-8•1.9mi
2/10
Audubon Middle School
Public,•6-8•2.0mi
1/10
Horace Mann Junior High School
Public,•6-8•2.3mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.5mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•3.5mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.4mi
2/10
Inglewood High School
Public,•9-12•1.8mi
2/10
George Washington Preparatory High School
Public,•9-12•4.2mi
9/10
Middle College High School
Public,•9-12•7.1mi
Condition Rating
Poor
Built in 1927, this property is explicitly described as an 'investor’s dream' and a 'solid canvas for renovation,' indicating it requires substantial repairs and rehabilitation. The listing notes 'extensive renovation required' and it's a probate sale, typically sold 'as-is.' With only one bathroom for three bedrooms, major functional updates are needed. The exterior images show a dated appearance, and without interior photos, it's safe to assume the kitchen, bathrooms, and other systems are significantly outdated and in need of full replacement to meet modern standards.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Exceptional Investment Potential: Explicitly marketed as an 'investor’s dream' with 'strong upside and long-term growth potential' in a highly desirable Los Angeles neighborhood.
Prime Los Angeles Location: Situated in the 'prestigious Park Hills Heights community,' offering a central location near schools, shopping, and major transportation routes.
Proximity to Key Attractions & Employment Hubs: Convenient access to major attractions like SoFi Stadium and L.A. Live, as well as the thriving tech and coastal hubs of Silicon Beach.
Generous Lot Size: A 5568 sqft lot provides ample outdoor space, offering potential for landscaping, expansion, or additional amenities.
Solid Renovation Canvas: Described as a 'solid canvas for renovation,' indicating good underlying structure suitable for value-add improvements rather than a complete rebuild.
Cons
Extensive Renovation Required: Built in 1927 and presented as a 'canvas for renovation,' the property likely requires significant updates and investment to meet modern living standards.
Probate Sale & As-Is Condition: As a probate listing, the property is typically sold 'as-is,' which may entail additional risks, costs for repairs, and a potentially longer closing process.
Limited Bathroom Count: The property features only 1 bathroom for 3 bedrooms, which is a significant functional limitation and may deter many family buyers or impact resale value.