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426 E 59th Pl, Los Angeles, CA, 90003

8beds
5baths
3,117sqft
$1,700,000
$545price/sqft
$11,280/moest. monthly cost
$451,200/yrincome needed

About This Home

Exceptional Multi-Family Investment Opportunity! Welcome to 426 E. 59th Place, Los Angeles, a well-maintained multi-family property offering approximately 3,117 square feet of living space with 8 bedrooms and 5 bathrooms on a 5,401 sq. ft. lot. Built in 2016, this income-producing property presents an excellent opportunity for investors or owner-occupants seeking strong rental potential. Conveniently located near major freeways, public transportation, schools, parks, shopping, dining, and Downtown Los Angeles, the property provides easy access to employment centers and everyday amenities. Its central location makes it an attractive option for tenants while offering long-term investment potential in one of Los Angeles’ established neighborhoods. Whether you’re looking to expand your real estate portfolio or secure a quality multi-unit property with excellent upside, 426 E. 59th Place is an opportunity you won’t want to miss. Buyer to independently verify all information, including but not limited to square footage, permits, zoning, rental income, and property condition. Property is being sold AS IS with no warranties or guarantees, expressed or implied.

Getting Around

72
WalkingVery Walkable
61
TransitGood Transit
57
BikeBikeable

Construction

Condition

  • Year built: 2016

Type & Style

  • Home type: SingleFamily
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: Common Area

Bedroom

  • Features: Multi-Level Bedroom

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 5
  • Full bathrooms: 5
  • Main level bathrooms: 3
  • Main level bedrooms: 4

Features

  • Walk-In Pantry
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,117 sqft

Pantry

  • Features: Walk-In Pantry

Property

Details

  • Parcel number: 6006027007
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Front Door
  • Pool features: None

Lot

  • Lot size: 5,401 sqft
  • Features: 2-5 Units/Acre

Parking

  • Total spaces: 3
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,596$103,152
Home Insurance *$334$4,008
Property Taxes $1,682$20,184
Electricity $668$8,020
Total$11,280$135,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$386,742/yr
40% on housing$338,400/yr
45% on housing$300,800/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$545This listing

vs Other Active Listings

Avg $/sqft

ZIP 90003$337
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90003$502
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Listed for sale$1,700,000
2025-03-12Sold$1,200,000
2022-04-26Sold$975,000
2021-01-15Listing removed$820,000
2020-12-20Listed for sale$820,000
2017-08-30Sold$640,000
2017-01-03Sold$600,000
2016-12-02Price change$629,900
2016-10-24Listed for sale$640,000
2015-12-08Sold$220,000

Pre-Foreclosure - For Sale by Agent

AgentTymarieh Dixon
BrokerageKAM REAL ESTATE

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