1407 W 59th Place W, Los Angeles, California 90047, Los Angeles, 90047 - 4 bed, 4 bath

1407 W 59th Place W, Los Angeles, California 90047 home-pic-0
ACTIVE$989,000
1407 W 59th Place W, Los Angeles, California 90047
4Beds
4Baths
1,600Sqft
3,360Lot
Year Built
2025
Close
-
List price
$989K
Original List price
$989K
Price/Sqft
$618
HOA
-
Days on market
-
Sold On
-
MLS number
DW25101117
Home ConditionExcellent
Features
View-

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $989.0K(95th), sqft - 1600(76th), beds - 4(82th), baths - 4(95th).

GREAT OPPORTUNITY TO PURCHASE A BRAND NEW 2025 FRESHLY BUILT PROPERTY IN THE HEART OF METROPOLITAN SOUTH LOS ANGELES WITH EASY ACCESS TO ALL MAJOR FREEWAYS AND TRANSPORTATION TO ALL MAJOR SPORTING VENUES, AIRPORTS, DOWNTON L.A, NIGHTLIFE, SHOPPING AND DINNING. THE PROPERTY CONSISTS OF 2 BUILDINGS, A 2 STORY SFR AND A ADU ABOVE A 2-CAR GARAGE WITH EXTRA PARKING AND YARD SPACE. THE FRONT SFR FEATURES A 2-STORY HOME WITH 3 BEDROOMS AND 3 BATHS 2 1 BEDROOMS AND BATHROOM DOWNSTAIRS, A MASTER BEDROOM UPSTAIRS, AND A JR MASTER BEDROOM UPSTAIRS, OTHER FEATURES INSIDE LAUNDRY HOOKUPS, QUARTZ COUNTERS, UP-TO-DATE AND CUSTOM KITCHEN CABINETRY, 2 FULL BATHS AND A COMMON 3/4 BATH WITH SHOWER DOWNSTAIRS, CENTRAL AIR CONDITIONING AND HEATING, TANKLESS WATER HEATER AND LEASED SOLAR PANELS WICH NEW NUYER WILL HAVE TO APPLY FOR. THE PROPERTY HAS BEEN BUILT WITH ALL UP-TO-DATE CALIFORNIA ENERGY EFFICIENT CODES. DOUBLE PANE WINDOWS, TILE AND LAMINATE FLOORING THROUGHOUT, TILED BATHROOMS, THE REAR ADU IS A SEPARATE STRUCTURE ABOVE THE 2 CAR GARAGE WITH A GATED 2 OPEN COMPACT CAR PARKING SPACES WITH ALLEY ACCESS TO PARKING AND GARAGE IT FEATURES 1 BEDROOM 1 BATH, CUSTOM CABINETRY WITH QUARTZ COUNTER TOPS TILED BATHROOM, LAMINATE FLOORING, CENTRAL AIR CONDITIONING AND HEATING SOLAR PANELS SEPARATE GAS AND ELECTRIC METERS.

Nearby schools

3/10
Budlong Avenue Elementary School
Public,K-50.3mi
2/10
Western Avenue Elementary School
Public,K-50.6mi
3/10
Raymond Avenue Elementary School
Public,K-51.1mi
2/10
Fifty-Ninth Street Elementary School
Public,K-51.1mi
3/10
Seventy-Fourth Street Elementary School
Public,K-51.3mi
2/10
John Muir Middle School
Public,6-80.5mi
1/10
Horace Mann Junior High School
Public,6-81.0mi
2/10
Barack Obama Global Preparation Academy
Public,6-81.2mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,9-120.7mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-121.8mi
9/10
Middle College High School
Public,9-125.0mi

Price History

Date
Event
Price
05/06/25
Listing
$989,000
10/17/12
Sold
$750,000
Condition Rating
Excellent

This is a brand new property built in 2025, meeting all criteria for an 'excellent' rating. The description explicitly states 'freshly built' with 'up-to-date and custom kitchen cabinetry,' 'quartz counters,' 'central air conditioning and heating,' 'tankless water heater,' and 'leased solar panels.' Images confirm modern, new kitchens and bathrooms with contemporary finishes, laminate/tile flooring throughout, and no signs of wear or deferred maintenance. All systems and finishes are new and meet current quality standards.
Pros & Cons

Pros

Brand New Construction: Built in 2025, this property offers modern design, up-to-date building codes, and minimal immediate maintenance concerns, providing a move-in ready experience.
Income-Generating ADU: The property includes a separate 1-bedroom, 1-bathroom ADU above a 2-car garage with its own utilities and parking, offering significant rental income potential or flexible multi-generational living.
Modern Amenities & Energy Efficiency: Equipped with central air conditioning and heating, tankless water heater, quartz countertops, custom kitchen cabinetry, double-pane windows, and built to California energy-efficient codes.
Strategic Location & Accessibility: Located in Metropolitan South Los Angeles with easy access to major freeways, transportation, sporting venues, airports, Downtown LA, nightlife, shopping, and dining.
Versatile Layout & Ample Parking: The main SFR features a flexible 2-story layout with multiple bedroom/bathroom options, complemented by extra yard space and gated compact car parking for the ADU with alley access.

Cons

Leased Solar Panels: The solar panels are leased, meaning the new buyer will need to apply for the lease transfer, which involves an ongoing financial commitment and potential administrative complexities.
Low-Rated Nearby Schools: Several public schools in the immediate vicinity have low ratings (ranging from 1 to 3), which could be a significant concern for families prioritizing high-quality education.
Compact Lot Size: The 3360 sqft lot is relatively small for a property featuring two structures and additional parking, potentially limiting private outdoor space and overall spaciousness.

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