$950,000
- 7 Beds
- 5 Baths
- 2,415 sqft
1318 E 59th Pl, Los Angeles, CA 90001
Est. Mortgage $6,025/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1956
$393/sqft
Open Parking
Local Information
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About this House
We are pleased to present 1318 E. 59th Place, a four-unit multifamily investment opportunity in South Los Angeles, offered at a 9.13 GRM and 7.53% CAP rate based on current income. The property also presents meaningful rental upside, with the potential to achieve a 7.78 GRM and 9.38% CAP rate upon stabilization at market rents. NOTE: There is potential to deliver 1 unit VACANT at closing (contact broker for details). The property consists of two separate buildings totaling approximately 2,415 rentable square feet. Constructed in 1956, the improvements are situated on a 5,690 square foot LCR3YY-zoned lot and feature tandem driveway parking on both sides of the property. The unit mix includes three (3) one-bedroom/one-bathroom units and one (1) four-bedroom/one-bathroom unit, providing a desirable combination of smaller and larger floorplans. Conveniently located just east of the 110 Freeway and south of Slauson Avenue, the property benefits from excellent accessibility throughout the greater Los Angeles area. The asset is situated near the recently improved Slauson Bike Path, which has enhanced connectivity and transportation options within the surrounding community. Residents enjoy convenient access to the Slauson Avenue and Compton Avenue Metro stations, multiple bus lines, and nearby employment and retail corridors. Nearby recreational amenities include South Los Angeles Wetlands Park, South Park Recreation Center & Pool, Augustus F. Hawkins Nature Park, and Slauson Recreation Center, offering tenants a variety of outdoor and community resources.
Last check for updates: about 6 hours ago
Listing courtesy of Casey Lins DRE # 01902650, (714) 333-6768
Kidder Mathews of California, Inc., (858) 369-3010
Vincent Cook DRE # 02012324, (213) 225-7222
Kidder Mathews of California, Inc, (949) 557-5097
Source: CLAW, MLS#26848799

Also Listed on bridgeMLS/CCAR/Bay East AOR, CRMLS.
Home Details for 1318 E 59th Pl
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Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 5 |
Dimensions and Layout Living Area: 2415 Square Feet |
Heating & Cooling Heating: OtherNo CoolingAir Conditioning: NoneHas Heating |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
Security Security: Other |
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Exterior Home Features Other Structures: None |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 6Parking: Driveway |
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Days on Market: 90 |
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Year Built Year Built: 1956 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building No Additional Parcels |
Property Information Parcel Number: 6008025021 |
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Price List Price: $950,000Price Per Sqft: $393 |
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MLS Status: Active |
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Direction & Address City: Los Angeles |
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Listing Agent Listing ID: 26848799 |
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Building Area Building Area: 2415 Square Feet |
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Lot Area: 5688.936 sqft |
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Special Conditions: Standard |
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Has Rent Control |
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Mls Number: 26848799 |
Around this home
What Locals Say about Florence-Graham
At least 339 Trulia users voted on each feature.
92 % Say there are sidewalks
73 % Say yards are well-kept
70 % Say there's holiday spirit
69 % Say car is needed
63 % Say it's walkable to grocery stores
55 % Say it's dog friendly
55 % Say it's walkable to restaurants
54 % Say kids play outside
49 % Say streets are well-lit
44 % Say neighbors are friendly
42 % Say they plan to stay for at least 5 years
34 % Say it's quiet
31 % Say people would walk alone at night
26 % Say parking is easy
22 % Say there are community events
22 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
Market trends in Florence-Graham
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
33
5MoM
Home Value
Trulia Estimate
$922KSince last month
Decreased$10K (-1%)Since last year
Increased$75K (+8.8%)Since last sale
Increased$132K (+16.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +83% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $922K |
| August 2026 | $925K |
| July 2026 | $932K |
| June 2026 | $951K |
| May 2026 | $851K |
| April 2026 | $852K |
| March 2026 | $854K |
| February 2026 | $857K |
| January 2026 | $830K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.54 | Multi-Family Home | $940,000 | 04/16/26 | 7 | 5 | 2,852 | |
0.55 | Multi-Family Home | $855,000 | 05/12/26 | 8 | 4 | 2,904 | |
0.54 | Multi-Family Home | $793,000 | 04/17/26 | 6 | 3 | 2,084 | |
0.67 | Multi-Family Home | $834,000 | 05/13/26 | 6 | 4 | 2,396 | |
0.63 | Multi-Family Home | $770,000 | 09/04/26 | 6 | 3 | 2,040 | |
0.42 | Multi-Family Home | $625,000 | 09/19/25 | 6 | 3 | 1,320 | |
0.51 | Multi-Family Home | $720,000 | 10/28/25 | 4 | 3 | 2,500 | |
0.56 | Multi-Family Home | $649,000 | 10/20/25 | 6 | 2 | 2,496 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $759,700 | 5 | 4 | 1,580 | Off Market | |
0.12 | $735,100 | 4 | 3 | 1,488 | Off Market | |
0.16 | $711,000 | 4 | 2 | 956 | Off Market | |
0.16 | $535,000 | 5 | 2 | 1,833 | Recently Sold | |
0.12 | $864,000 | 4 | 4 | 2,464 | Off Market | |
0.18 | $1,000,000 | 8 | 8 | 4,456 | For Sale | |
0.19 | $830,000 | 8 | 3 | 2,371 | Off Market | |
0.19 | $1,600,000 | - | - | - | For Sale | |
0.22 | - | - | - | - | Off Market | |
0.23 | $1,450,000 | 7 | 5 | 7,350 | For Sale | |
0.20 | $959,000 | 8 | 4 | 2,544 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 17, 2026 Source: CLAW #26848799 | Listed For Sale | $950,000 |
Aug 3, 2022 Source: Zillow Rental Manager | ListingRemoved | |
Jul 27, 2022 Source: Zillow Rental Manager | PriceChange | $3,350 Price decreased by 4% |
Jul 6, 2022 Source: Zillow Rental Manager | Listed For Rent | $3,500 |
Jun 22, 2022 Source: N/A | Sold | $790,000 |
Mar 19, 2022 Source: CLAW #22-129011 | ListingRemoved | |
Feb 18, 2022 Source: CLAW #22-129011 | Listed For Sale | $850,000 |
Jul 22, 2020 Source: Agent Provided | ListingRemoved | $600,000 |
Jul 6, 2020 Source: Agent Provided | Pending | $600,000 |
Jun 28, 2020 Source: Agent Provided | PendingToActive | $600,000 |
Jun 17, 2020 Source: Agent Provided | Pending | $600,000 |
Jun 15, 2020 Source: Agent Provided | Listed For Sale | $600,000 |
Mar 26, 2020 Source: Agent Provided | ListingRemoved | $695,000 |
Jan 28, 2020 Source: Agent Provided | Listed For Sale | $695,000 |
Mar 22, 2019 Source: Agent Provided | ListingRemoved | $700,000 |
Nov 21, 2018 Source: Agent Provided | Listed For Sale | $700,000 |
May 5, 2010 Source: N/A | Sold | $180,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $981,763 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Casey Lins, Kidder Mathews of California, Inc., (858) 369-3010
Agent Phone: (714) 333-6768

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-09-16 01:23:26 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.
Some IDX listings have been excluded from this website.
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Frequently asked questions about 1318 E 59th Pl
- What is the estimated monthly payment for 1318 E 59th Pl?Based on a $950,000 list price with 20% down at today's rates, the estimated monthly payment for 1318 E 59th Pl in Los Angeles, CA is approximately $6,099 (about $5,090 principal & interest, $934 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Los Angeles?Residents describe Los Angeles, CA as pedestrian-friendly, well-kept, and walkable to grocery stores. See homes for sale in Los Angeles, CA.
- What are the closest schools to 1318 E 59th Pl?The closest schools to 1318 E 59th Pl in Los Angeles, CA are Academy For Multiligual Arts And Science At Mervyn M. Dymally High (rated 3/10), Communication And Technology At Diego Rivera Learning Complex (High, rated 5/10), Dr. Lawrence H. Moore Math, Science, Technology Academy (Elementary, rated 6/10).
- What is 1318 E 59th Pl estimated to be worth?Trulia's estimated value for 1318 E 59th Pl in Los Angeles, CA is $922,200.
- Does 1318 E 59th Pl have parking?Yes, 1318 E 59th Pl in Los Angeles, CA has on-site parking.
1318 E 59th Pl, Los Angeles, CA 90001 is a 7 bedroom, 5 bathroom, 2,415 sqft multi-family built in 1956. This property is currently available for sale and was listed by CLAW on Jun 17, 2026. The MLS # for this home is MLS# 26848799.

