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1558 West 59th Place

1558 West 59th Place, Los Angeles, CA 90047
Sold Dec 24, 2020
$466,000
$372,800 by Equity Smart Home Loans Inc
Mortgage Due Jan 01, 2051
Sold Jun 24, 2015
$300,000
$294,566 by Brighten Lending
Mortgage Due Jul 01, 2045
1558 West 59th Place 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 1928 and is 96 years old. However, we must point out that the home was most recently renovated and altered in 1950. The home has a total of 8 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1558 West 59th Place has 1,290 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,120 ft and across the front of the lot is 390 ft. The area measurement of the land has been determined as 4,393 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. 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. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal 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, 1558 West 59th Place sold most recently in Nov 17, 2020 for a total of $466,000. If you work out the math, that's approximately a cost of $361.24 per sqft. Before that, the property was also sold for $300,000 in Jun 1, 2015. 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 $5,747 in taxes each year. 1558 West 59th Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $484,826. If we break it down further, the land itself was valued at $380,786. Improvements to the property, however, were assessed at a total of $104,040. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,393
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 390
  • Total Building Area: 1,290
  • Building Area: 1,290
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,290
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 4342
  • Land Acres: 0.101
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 4342 LOT COM AT NW COR OF LOT 41 TH E ON S LINE OF 59TH PL 38.96 FT TH S TO S LINE OF SD LOT TH W THEREON 38.87 FT TO E LINE OF DENKER AVE TH N 112 FT TO BEG PART OF LOT/SEC 41

Ownership

  • Current Owner : REYES JOSE CEJA
  • Current Owner 2: REYES ESTHER CEJA
  • Previous Owner : MARTINEZ JULIO CESAR VAZQUEZ
  • Previous Owner 2: CEJA MARISELA REYES
  • Owner Before Previous Owner: REYES JOSE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 237202

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 51-E4
  • Subdivision Tract Number: 4342
  • Parcel: 6002-013-018
  • Lot: 41
  • Municipality: WEST /HYDE PARK
  • Latitude: 33.9865
  • Longitude: -118.304

    Address

  • Full Address: 1558 W 59th Pl
  • Address - House Number: 1558
  • Street Direction: W
  • Address - Street Name: 59th
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C001
  • 4-Digit Zip Code: 1207
  • Zip Code: 90047

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,747
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2292
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 679,875
  • High Value: 835,736
  • Low Value: 524,014

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $372,800
  • First Open Lien Mortgage Lender: EQUITY SMART HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 24, 2020
  • First Open Lien Mortgage Loan Amount: $372,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $484,826
  • Assessed Land Value: $380,786
  • Assessed Improvements Value: $104,040

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Dec 24, 2020
  • Current Sale Transaction ID: 11808762431
  • Current Sale Price: $466,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1725076
  • Previous Sale Recording Date: Jun 24, 2015
  • Previous Sale Contract Date: Jun 01, 2015
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY SMART HOME LOANS INC
  • First Mortgage Transaction Date: Dec 24, 2020
  • First Mortgage Loan Amount: $372,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BRIGHTEN LENDING
  • Previous Mortgage Transaction Date: Jun 24, 2015
  • Previous Mortgage Loan Amount: $294,566
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2045

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Frequently Asked Questions

What neighborhood is 1558 West 59th Place located in?
The 1558 West 59th Place is a house located in the neighborhood of Canterbury Knolls in South LA, Los Angeles.
What is the average sales price for listings in 1558 West 59th Place?
The average sales price for units in 1558 West 59th Place is $0 currently.

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