4450 W 59th, Los Angeles, California 90043, Los Angeles, 90043 - 0 bed, 0 bath
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Los Angeles, California 90043
This Multi-Family Value-Add Asset is listed at $975,000—positioned below the $985,184 Fair Market Value by 1%. This valuation provides $10,184 in Instant Equity at the time of acquisition. Featuring a Condition Rating of 4, the 2,371-square-foot duplex retains its 1937 architectural character but requires modernization to maximize rental yields. Situated on a generous 6,418-square-foot lot near major freeways, the property offers significant upside for forced appreciation. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility house-hack in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4450 W 59th Subject | $975,000* List Price | 0 | 0 | 2,371 | $416 | - |
A 5868 Deane Avenue Sold | $850,000 | 0 | 0 | 2,461 | $345 | 0.9 mi |
B 4450 W 59th Place Active | $975,000 List Price | 4 | 2 | 2,371 | $411 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1937 with no mention of recent renovations to kitchens, baths, or major systems (HVAC/Electric). The description's emphasis on 'classic character' and 'functional layouts' indicates the property is likely dated (>20 years since major updates) and requires modernization to meet current market standards.
As a duplex with over 2,300 square feet of living space, this property offers excellent flexibility for owner-occupants to house-hack or for investors to maximize rental yields in a high-demand Los Angeles rental market.
Built in 1937, the residence retains its vintage charm and spacious layout, situated on a generous 6,418-square-foot lot that provides rare outdoor space for a multi-family property.
The property is ideally positioned near major freeways and local amenities, blending residential tranquility with convenient access to the city's key shopping and dining hubs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6418, other record lot size in square feet = 6787. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2371, other record living area = 1317.
The majority of assigned public schools for this address carry low performance ratings, which may be a significant drawback for families prioritizing educational proximity.
Given the 1937 construction date, the property may require substantial capital expenditures for modernizing structural systems or cosmetic updates to meet current market standards.
Charming multi-family property in a well-established Los Angeles neighborhood offering comfort and income potential. Situated on a spacious lot, this duplex features bright interiors, functional layouts, and classic character throughout. Each unit provides ample living space with natural light and flexible use, ideal for owner-occupants or investors. Conveniently located near shopping, dining, and major freeways, the property blends accessibility with residential charm. A strong opportunity for multi-generational living or long-term investment potential.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,371 | 2,326 | 57% |
| Lot Size | 6,418 | 6,627 | 43% |
| Price | $975.0K | $850.0K | 71% |
| Price per sq ft | $411 | $383 | 57% |
| Built year | 1937 | 1937 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 124 | 29% |
Apr 28, 2026
$975,000
Initial Listing
May 26, 2023
$1,350,000
Public Record
Aug 10, 2021
$975,000
Public Record
Dec 6, 2001
$285,000
Public Record