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1363 East 59th Street

1363 East 59th Street, Los Angeles, CA 90001
Multifamily in Florence-Graham
Sold Apr 05, 2023
$806,000
Sold Dec 26, 2000
$240,000
$220,860 by Bank Of America
Mortgage Due Jan 01, 2031
1363 East 59th Street has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The home has a total of 5 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 1363 East 59th Street has 2,192 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,074 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1363 East 59th Street sold most recently in Mar 6, 2023 for a total of $806,000. If you work out the math, that's approximately a cost of $367.70 per sqft. Before that, the property was also sold for $240,000 in Oct 26, 2000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,443 in taxes each year. 1363 East 59th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $347,577. If we break it down further, the land itself was valued at $209,997. Improvements to the property, however, were assessed at a total of $137,580. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,074
  • Total Building Area: 2,192
  • Gross Building Area: 2,192
  • Building Area: 2,192
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,192
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: S MCCRAYS ORANGE PLACE ANNEX
  • Land Acres: 0.117
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: S MCCRAYS ORANGE PLACE ANNEX LOT/SEC 17 BLK/DIV/TWN 1

Ownership

  • Current Owner : CLAROS NELSON ANTONIO SAEN
  • Previous Owner : AGUILAR FAMILY TRUST
  • Owner Before Previous Owner: OPERATION SHOE STRINGS INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 532800

Zoning

  • Zoning: LCM1*

Geography

  • Assessors Map Reference: 52-D4
  • Parcel: 6008-021-029
  • Block: 1
  • Lot: 17
  • Municipality: SOUTH /UNINC L ANGELES
  • Latitude: 33.9874
  • Longitude: -118.25

    Address

  • Full Address: 1363 E 59th St
  • Address - House Number: 1363
  • Street Direction: E
  • Address - Street Name: 59th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C001
  • 4-Digit Zip Code: 1225
  • Zip Code: 90001

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,443
  • Tax Rate Code Area: 01-166

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 880,904
  • High Value: 940,587
  • Low Value: 821,222

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $347,577
  • Assessed Land Value: $209,997
  • Assessed Improvements Value: $137,580

    Sales

  • Current Sale Contract Date: Mar 06, 2023
  • Current Sale Recording Date: Apr 05, 2023
  • Current Sale Transaction ID: 11904587401
  • Current Sale Price: $806,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 215191
  • Previous Sale Recording Date: Dec 26, 2000
  • Previous Sale Contract Date: Oct 26, 2000
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Dec 26, 2000
  • Previous Mortgage Loan Amount: $220,860
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2031

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Frequently Asked Questions

What neighborhood is 1363 East 59th Street located in?
The 1363 East 59th Street is a multifamily located in the neighborhood of Florence-Graham in Florence-Graham, Los Angeles.
What is the average sales price for listings in 1363 East 59th Street?
The average sales price for units in 1363 East 59th Street is $0 currently.

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