tomo logo

$1,200,000

Beds
3
Baths
1.0
sq ft
1,116

3327 W 59th Pl, Los Angeles, CA 90043

3327 W 59th Pl

Los Angeles, CA 90043

  • 61 days on market
Attention Developers & Investors! Unlock the potential of this prime property in a thriving neighborhood! This rare opportunity invites you to build a multi-unit property and generate substantial rental income. Currently featuring a 3-bedroom, 1-bathroom structure, this property is a canvas waiting for your vision. Location, location, location! Perfectly positioned near schools, parks, shopping centers, and major freeway access, this gem is steps away from the Rail to River Active Transportation Corridor—a newly constructed bike and pedestrian path. It's also just a few blocks from the Crenshaw/LAX "K" Line, providing seamless transit options. Enjoy proximity to Edward Vincent Jr. Park, and the world-class entertainment hub of Inglewood, featuring SoFi Stadium, YouTube Theater, Kia Forum, and the upcoming Intuit Dome. Beach cities, LAX, and the 405, 105, and 110 freeways are just minutes away—everything you need is at your fingertips. Capitalize on this incredible opportunity in a highly sought-after area with a booming real estate market. Don’t wait—schedule a visit today and bring your investment dreams to life!

Details

Property type

Single Family Residence

Est. home value

$614,599

Lot size

6,740 sq ft

Price per sq ft

$1,076

Year built

1923

HOA

No

Price History

11/20/2024
CRMLS

CRMLS #PW24236000

Listed
$1,200,000
+9.09%
10/19/2024
CRMLS

CRMLS #SR24078932

Removed
$1,100,000
07/02/2024
CRMLS

CRMLS #SR24078932

Price change
$1,100,000
-12%

Schools & Community

Neighborhood: 

Hyde Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of America Na

Loan start date

August 2019

Original loan amount

$60,000

Est. remaining balance

Not provided

Interest rate

3.45%

Loan type

Credit Line (Revolving)

Seller

Gloria G Smith and Sheldon S Smith

Lender

Bank Of America

Loan start date

October 1999

Original loan amount

$109,500

Est. remaining balance

$37,529

Interest rate

7.83%

Loan type

Not Provided, 30 year

Seller

Sheldon S Smith

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/20/2025 at 5:55 AM

Listing updated: 12/05/2024 at 3:10 AM

Listed by: Lamar Thomas, RE/MAX New Dimension Phone #: (714) 542-7475

MLS: CRMLS #PW24236000

CRMLS logo

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