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1415 East 59th Street

1415 East 59th Street, Los Angeles, CA 90001
Property in Florence-Graham
Sold Jan 10, 2024
$670,000
Sold Aug 18, 2023
$370,000
1415 East 59th Street in Los Angeles, CA was first built in 1905 and is 119 years old. Although, the building on the property was most recently renovated and altered in 1908. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1415 East 59th Street has 956 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,071 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. As for heating, the home is utilizing floor/wall 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, 1415 East 59th Street sold most recently in Dec 1, 2023 for a total of $670,000. If you work out the math, that's approximately a cost of $700.84 per sqft. Before that, the property was also sold for $370,000 in Aug 7, 2023. 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 $796 in taxes each year. The initial year of tax delinquency occurred in 2019. 1415 East 59th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $15,488. If we break it down further, the land itself was valued at $10,803. Improvements to the property, however, were assessed at a total of $4,685. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1908
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,071
  • Total Building Area: 956
  • Building Area: 956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 956
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: S MCCRAYS ORANGE PLACE
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S MCCRAYS ORANGE PLACE ANNEX LOT/SEC 13 BLK/DIV/TWN 1

Ownership

  • Current Owner : CANO GLORIA ELSA VALDES
  • Previous Owner : CARDINAL DEVELOPMENT LLC
  • Owner Before Previous Owner: SARAH MARSHALL TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • 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: 6008-021-025
  • Block: 1
  • Lot: 13
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 33.9873
  • Longitude: -118.249

    Address

  • Full Address: 1415 E 59th St
  • Address - House Number: 1415
  • Street Direction: E
  • Address - Street Name: 59th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C001
  • 4-Digit Zip Code: 1227
  • Zip Code: 90001

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $796
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 01-166

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 96
  • Final Value: 644,008
  • High Value: 687,648
  • Low Value: 600,369

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,488
  • Assessed Land Value: $10,803
  • Assessed Improvements Value: $4,685

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 01, 2023
  • Current Sale Recording Date: Jan 10, 2024
  • Current Sale Transaction ID: 11918744049
  • Current Sale Price: $670,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21320
  • Previous Sale Recording Date: Aug 18, 2023
  • Previous Sale Contract Date: Aug 07, 2023
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: KINGS MORTGAGE SERVICES, INC.
  • First Mortgage Transaction Date: Jan 10, 2024
  • First Mortgage Loan Amount: $657,864
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2054

About Florence-Graham



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Frequently Asked Questions

What neighborhood is 1415 East 59th Street located in?
The 1415 East 59th Street is a located in the neighborhood of Florence-Graham in Florence-Graham, Los Angeles.
What is the average sales price for listings in 1415 East 59th Street?
The average sales price for units in 1415 East 59th Street is $0 currently.

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