1723 W 59th Place, Los Angeles, California 90047, Los Angeles, 90047 - bed, bath
ACTIVE$749,000
1723 W 59th Place, Los Angeles, California 90047
0Bed
0Bath
1,112Sqft
5,055Lot
Year Built
1921
Close
-
List price
$749K
Original List price
$840K
Price/Sqft
$674
HOA
-
Days on market
-
Sold On
-
MLS number
DW24145920
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
We found 3 Cons,6 Pros. Rank: price - $749.0K(21th), sqft - 1112(5th), beds - undefined(50th), baths - undefined(50th).
Welcome to 1723 W 59th Place, a charming 2 home property w/privacy fence between both homes. located in the heart of South Los Angeles, just 2.7 miles from Exposition Park. This property is a rare find for investors and homeowners alike, offering a unique opportunity to own a piece of Los Angeles real estate in a highly sought-after neighborhood. Just 2.7 miles from Exposition Park, home to the Natural History Museum of Los Angeles, LA Memorial Coliseum, the soon to open Lucas Museum of Narrative Art and many more. Public transportation, including the Metro Expo Line and major highways.
Nearby schools
2/10
Western Avenue Elementary School
Public,•K-5•0.5mi
3/10
Budlong Avenue Elementary School
Public,•K-5•0.7mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•0.7mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•1.1mi
3/10
Raymond Avenue Elementary School
Public,•K-5•1.2mi
1/10
Horace Mann Junior High School
Public,•6-8•0.8mi
2/10
John Muir Middle School
Public,•6-8•0.9mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.0mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.1mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.4mi
9/10
Middle College High School
Public,•9-12•5.3mi
Price History
Date
Event
Price
11/20/25
Price Change
$749,000
07/24/24
Listing
$839,900
03/21/01
Sold
$109,090
Condition Rating
Fair
The property was built in 1921, making it over a century old. While some cosmetic updates like fresh paint and new laminate flooring are visible, the kitchen features dark wood cabinets, speckled countertops, and basic white appliances, suggesting a renovation that is likely 15-30 years old or a very budget-conscious recent update that doesn't align with modern styles. The overall condition indicates an aged home that has been maintained with regular upkeep and occasional updates, but major components, particularly the kitchen, show signs of being outdated. It is move-in ready but would benefit from minor updates to meet current aesthetic standards.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Duplex Configuration & Income Potential: The property is a '2 home property' (duplex) and listed as 'Residential Income,' offering significant potential for rental income or multi-generational living.
Strategic Location: Situated in the 'heart of South Los Angeles' and described as a 'highly sought-after neighborhood,' indicating strong demand and potential for appreciation.
Excellent Accessibility: Benefits from 'Public transportation, including the Metro Expo Line and major highways,' providing convenient access throughout Los Angeles.
Proximity to Key Amenities: Located 'just 2.7 miles from Exposition Park,' which includes major cultural and entertainment venues like the Natural History Museum, LA Memorial Coliseum, and the upcoming Lucas Museum of Narrative Art.
Enhanced Privacy for Duplex: Features a 'privacy fence between both homes,' which is a valuable amenity for a duplex, improving tenant satisfaction or multi-family living.
Cons
Age of Property: Built in 1921, the property is over a century old, which may necessitate significant updates, maintenance, or repairs to meet modern standards and expectations.
Significant Price Reduction: The list price has been reduced from $839,900 to $749,000, potentially indicating initial overpricing or challenges in the market, which could raise buyer concerns.
Lower-Rated Local Schools: Several nearby public schools have low ratings (e.g., John Muir Middle School, Fifty-Ninth Street Elementary School, Crenshaw Science, Technology, Engineering, Math And Medicine Magnet all rated 1 or 2), which could be a drawback for families prioritizing school quality.