300 E 59th Pl, Los Angeles, CA 90003 - View 1
300 E 59th Pl, Los Angeles, CA 90003 - View 2
300 E 59th Pl, Los Angeles, CA 90003 - View 3

300 E 59th Pl, Los Angeles, CA 90003

Sale Price: $500,000
Sep 11, 20242,185 sqft3 beds2 baths
Listed by: Rafael Oseguera
License #: 01269539
Phone #: 323-819-4086
Pacific Inter Capital Investment Soluti
Source:
CRMLS Logo
MLS #: 24438731

Property Description

Seize this unique multi-property development opportunity located just minutes from downtown Los Angeles in a thriving high-growth area. This prime LAR3 corner lot spans 6,751 square feet and presents the potential to develop 8 to 10 units. The 3 bedroom/ 1 bathroom home offers 1,213 sq feet. The tenant in the Auto Repair shop currently has a lease that expires soon on May 2025. Additional income is generated from the Billboard and is managed by Lamar. Close proximity to stores, shops, transportation, and freeways. Seller is very motivated! Submit your offer! All offers will be responded to within 48 hours.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$5,451

TurboHome Estimated Value

$504,200

$231 sqft

High Valuation
$529,410
$242/sqft
Normal Valuation
$504,200
$231/sqft
Low Valuation
$478,990
$219/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$231/sqft$504,200

Neighborhood: Southeast Los Angeles

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Comparative Value

$485K

$500K

$645K

$675K

$690K

$700K

137 W 47th Pl, Los Angeles, CA 90037

Sale Price: $485,000

Selected Comparable

300 E 59th Pl, Los Angeles, CA 90003

Sale Price: $500,000

Selected Comparable

300 E 59th Pl, Los Angeles, CA 90003

List Price: $645,000

Subject Property

606 W 57th St, Los Angeles, CA 90037

Sale Price: $675,000

Selected Comparable

508 E 65th St, Los Angeles, CA 90003

Sale Price: $690,000

Selected Comparable

1534 E 47th St, Los Angeles, CA 90011

Sale Price: $700,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
300 E 59th Pl, Los Angeles, CA 90003

300 E 59th Pl, Los Angeles, CA 90003

List: $645,000

Listed: 9/11/2024

Area:2,185 sqft
Price/sqft:$295
Beds:3
Baths:2
Year Built:
Lot Size:6,751

Comparable Properties

COMPARABLE
Choose comps
300 E 59th Pl, Los Angeles, CA 90003

300 E 59th Pl, Los Angeles, CA 90003

Sale: $500,000

5/12/20250.00 mi

Area:2,185 sqft
Price/sqft:$229
Beds:3
Baths:2
Year Built:
Weight:24.4%
508 E 65th St, Los Angeles, CA 90003

508 E 65th St, Los Angeles, CA 90003

Sale: $690,000

4/21/20250.42 mi

Area:1,848 sqft
Price/sqft:$373
Beds:3
Baths:2
Year Built:
Weight:20.7%
606 W 57th St, Los Angeles, CA 90037

606 W 57th St, Los Angeles, CA 90037

Sale: $675,000

8/1/20250.91 mi

Area:2,246 sqft
Price/sqft:$301
Beds:4
Baths:2
Year Built:
Weight:19.1%
1534 E 47th St, Los Angeles, CA 90011

1534 E 47th St, Los Angeles, CA 90011

Sale: $700,000

3/21/20251.65 mi

Area:1,770 sqft
Price/sqft:$395
Beds:3
Baths:2
Year Built:
Weight:18.1%
137 W 47th Pl, Los Angeles, CA 90037

137 W 47th Pl, Los Angeles, CA 90037

Sale: $485,000

2/24/20251.06 mi

Area:1,687 sqft
Price/sqft:$287
Beds:3
Baths:2
Year Built:
Weight:17.8%

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