1500 W 59th, Los Angeles, California 90047, Los Angeles, 90047 - bed, bath
ACTIVE$565,000
1500 W 59th, Los Angeles, California 90047
0Bed
0Bath
1,156Sqft
3,363Lot
Year Built
1926
Close
-
List price
$565K
Original List price
$565K
Price/Sqft
$489
HOA
-
Days on market
-
Sold On
-
MLS number
DW25257362
Home ConditionPoor
Features
View-
About this home
We found 4 Cons,6 Pros. Rank: price - $565.0K(11th), sqft - 1156(5th), beds - undefined(50th), baths - undefined(50th).
I proudly present to you this great Duplex in the wonderful city of Los Angeles. This 2-unit property features 2 bedrooms and 1 bath in each unit and has a detached garage for on-site parking. This property features lot's of potential, you can either live in one and rent the other to lower your payment or rent both units and make it a great addition to your Real Estate portfolio.
Nearby schools
3/10
Budlong Avenue Elementary School
Public,•K-5•0.4mi
2/10
Western Avenue Elementary School
Public,•K-5•0.5mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•1.0mi
3/10
Raymond Avenue Elementary School
Public,•K-5•1.1mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•1.3mi
2/10
John Muir Middle School
Public,•6-8•0.6mi
1/10
Horace Mann Junior High School
Public,•6-8•0.9mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.1mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•0.8mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.7mi
9/10
Middle College High School
Public,•9-12•5.1mi
Price History
Date
Event
Price
11/10/25
Listing
$565,000
08/10/93
Sold
$85,000
Condition Rating
Poor
Built in 1926, this property is nearly a century old and shows significant signs of deferred maintenance and neglect. The exterior images reveal a heavily rusted fence, worn and discolored stucco, and an outdated antenna, suggesting that major systems and cosmetic elements have not been updated in a very long time. While interior photos are not provided, the exterior condition strongly indicates that the kitchen, bathrooms, and other critical systems (electrical, plumbing, HVAC) would require substantial repairs and rehabilitation to meet modern standards and ensure safety and comfort. The property's 'potential' mentioned in the description implies a need for significant investment.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Residential Income Property: This duplex offers versatile income potential, allowing for owner-occupancy with supplemental rental income or full investment.
Desirable Los Angeles Location: Situated in a major metropolitan area with high rental demand and strong long-term appreciation prospects.
Detached Garage Parking: Provides valuable on-site parking, a significant amenity in urban Los Angeles.
Popular Unit Configuration: Features two 2-bedroom, 1-bathroom units, a highly sought-after layout for renters.
Investment Flexibility: Offers clear potential for portfolio diversification or reducing housing costs for an owner-occupant.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3363, other record lot size in square feet = 3123. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1156, other record living area = 728.
Historic Property Age: Built in 1926, the property is nearly a century old, potentially indicating the need for significant capital expenditures for system updates or renovations.
Compact Unit Sizes: With a total of 1156 sqft for two 2-bedroom units, individual unit sizes are relatively small, which may limit tenant appeal or future resale value.
Subpar School District Ratings: The proximity to schools with consistently low ratings (1-3) could negatively impact appeal to families and long-term property value growth.