1407 W 59th Place W, Los Angeles, California 90047, Los Angeles, 90047 - bed, 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
0Bed
0Bath
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
DW25101135
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,5 Pros. Rank: price - $989.0K(95th), sqft - 1600(76th), beds - undefined(2th), baths - undefined(2th).

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 property is explicitly described as a 'BRAND NEW 2025 FRESHLY BUILT PROPERTY,' which immediately qualifies it for an 'Excellent' rating. The listing details modern amenities such as quartz countertops, custom kitchen cabinetry, central air conditioning and heating, a tankless water heater, and leased solar panels. Images confirm a contemporary aesthetic with new white shaker cabinets, dark countertops, laminate flooring, and a modern tiled bathroom. All components are new, meet current quality standards, and show no signs of wear or deferred maintenance.
Pros & Cons

Pros

Brand New Construction: Built in 2025, this property offers modern design, new systems, and compliance with current California energy-efficient codes, minimizing immediate maintenance and repair concerns.
Income-Generating ADU: The property includes a separate 1-bedroom, 1-bath ADU above a 2-car garage with its own entrance, parking, and separate gas/electric meters, providing significant rental income potential or multi-generational living flexibility.
Modern Amenities & Finishes: Equipped with central air conditioning and heating, a tankless water heater, quartz countertops, custom kitchen cabinetry, double-pane windows, and durable tile/laminate flooring throughout, enhancing comfort and appeal.
Excellent Accessibility: Strategically located in Metropolitan South Los Angeles with easy access to major freeways, public transportation, sporting venues, airports, Downtown LA, nightlife, shopping, and dining.
Versatile Layout: The main SFR features a desirable 2-story layout with a bedroom and bathroom downstairs, alongside a master and junior master bedroom upstairs, catering to diverse living arrangements.

Cons

Leased Solar Panels: The solar panels are leased, meaning the new buyer will inherit an ongoing monthly expense and must apply for the transfer, rather than benefiting from owned solar energy.
Compact Lot Size: With a lot size of 3360 sqft for two structures and extra parking, the outdoor space may be limited for extensive landscaping or recreational activities.
Low-Rated Local Schools: Several nearby public schools have low ratings (1s and 2s), which could be a significant consideration for families prioritizing access to highly-rated educational institutions.

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