1500 W 59th Place Los Angeles, CA ^$ 550,000

1500 W 59th Place

^$ 550,000

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Recently Listed

1500 W 59th Place

Los Angeles, CA, 90047

^$ 550,000

Studio Baths1.0 Sq 1,156

Monthly Estimate*

^$ 3,386

Listed by Pinnacle Estate Properties, Inc.

1500 W 59th Place, Los Angeles, CA 90047 - Image 1

1500 W 59th Place, Los Angeles, CA 90047 - Image 2

1500 W 59th Place, Los Angeles, CA 90047 - Image 3

1500 W 59th Place, Los Angeles, CA 90047 - Image 4

1500 W 59th Place, Los Angeles, CA 90047 - Image 5

1500 W 59th Place, Los Angeles, CA 90047 - Image 6

1500 W 59th Place, Los Angeles, CA 90047 - Image 7

1500 W 59th Place, Los Angeles, CA 90047 - Image 8

1500 W 59th Place, Los Angeles, CA 90047 - Image 9

1500 W 59th Place, Los Angeles, CA 90047 - Image 10

1500 W 59th Place, Los Angeles, CA 90047 - Image 11

Studio

Multi-Family Home for sale in Los Angeles, CA

for $550,000 with 1 full bath. This 1,156 square foot home was built in 1926 on a lot size of 0.0772.

Investor Special | Prime ADU Opportunity in Los Angeles! Unlock the full potential of this income-producing duplex featuring two 2-bedroom, 1 bath units (approx. 578 sq ft each) plus a detached 2-car garage, ideal for an ADU conversion. The front Unit has a Functional open layout with durable tile flooring. The Back Unit has tile flooring in main areas with a private patio, offering added privacy and strong tenant appeal. Situated in a high-demand rental area of Los Angeles, this property is perfectly positioned near shopping, dining, and public transportation, making it highly attractive for long-term‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ tenants.

Multi-Family Active

Price

^$ 550,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.0772

Year Built

1926

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR26076823

Days on Market

Features

General

Sewer Public Sewer

Heating None

Cooling None

Garage Spaces 2

Pool Features None

Year Built 1926

Property Subtype Duplex

Gross Income 31200

Community Features Sidewalks

County Los Angeles

Net Operating Income 26760

Operating Expense 4800

Insurance Expense 2040

New Construction false

Property Type Residential Income

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions West of Normandi - South of Slauson

City Los Angeles

Entry Location 1

Senior Community Y/N false

Number Of Units Total 2

MLS Area LHO - Lake Hollywood

Lot Size Units Square Feet

Lot Size Square Feet 3363

Listing Terms Cash Conventional FHA VA Loan

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 2400

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 50

Property Sub Type Additional Duplex

Interior

Fireplace Features None

Total Stories 1

Common Walls 1 Common Wall

Air Conditioning Y/N false

Heating Y/N false

Fireplace Y/N false

Laundry Features None

Entry Level 1

Exterior

Lot Features Rectangular Lot

Water Source Public

Total Parking 2

Lot Size Area 3363

Number of Buildings 1

Building Area Total 1156

Lot Size Acres 0.0772

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

* Excluded Features

List By

Pinnacle Estate Properties, Inc.

Broker

enriquehomes@gmail.com

Affordability Calculator

$3,386

Per Month

Monthly Principal & Interest: $3,386
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,876,542

Percent of Sale Price 241%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/9/2026	$550,000		Listed Price

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1500 W 59th Place, Los Angeles, CA, 90047 is a Multi-Family Home for sale at $550,000 with 1,156 sqft and a lot size of 0.0772. 1500 W 59th Place is a studio with 1.0 baths and was built in 1926. The property's zip code is 90047 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1500 W 59th Place

Multi-Family Home for sale in Los Angeles, CA

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