1059 Stone Street

Los Angeles, CA 90063

$1,037,500
Last Sold Price
7
Beds
7
Baths
2,004 Sq. Ft.
$518 / Sq. Ft.
2,004
Sq. Ft.
$518
per Sq. Ft.

Description

Attention owner users or investors, rare opportunity to own 2 vacant and remodeled units each with 3 bedrooms + 3 baths located near LAC+USC Medical Center and General Hospital, USC Health Sciences Campus, Keck School of Medicine of USC, USC School of Pharmacy, Keck Hospital of USC and Cal State LA. Vacant and ready to lease for the current high market rents of $3,000 or more per unit! Huge basement with a bonus 3rd, 1 bedroom + 1 bath, unit in the back. Rent out all 3 units or live in one and offset...Attention owner users or investors, rare opportunity to own 2 vacant and remodeled units each with 3 bedrooms + 3 baths located near LAC+USC Medical Center and General Hospital, USC Health Sciences Campus, Keck School of Medicine of USC, USC School of Pharmacy, Keck Hospital of USC and Cal State LA. Vacant and ready to lease for the current high market rents of $3,000 or more per unit! Huge basement with a bonus 3rd, 1 bedroom + 1 bath, unit in the back. Rent out all 3 units or live in one and offset your mortgage with the income from the others. Large lot with ample parking for 8 cars or more. Each unit has its own master bedroom with en-suite bath, and its own indoor laundry and beautiful, luxurious and new kitchen and bathrooms. Extensive renovations and upgrades include: foundation retrofitting, new plumbing, electrical, energy efficient double pane windows, quartz counters, modern shaker kitchen cabinets, wide plank wood flooring, and custom tile in the baths. Vacant units seldom come to market! Take advantage of the still historically low interest rates before they rise again. Schedule a tour today!
  1. Listed by Luis Guevara • DRE #01109164 • Brokerage DRE #01932401 • Keller Williams Huntington Beach

Property Details for 1059 Stone Street

Architectural Style
Spanish
Parking Spaces Total
8
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2004

Location

Listing Courtesy of Keller Williams Huntington Beach, Luis Guevara, DRE #01109164

Sold By Century 21 Allstars, Memo Gamboa, DRE #01223544

Add your commute
LISTING UPDATED: 06/22/2022 07:53 AM

Property Details for 1059 Stone Street

StatusClosed
MLS #RS22082404
Days on Market49
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.11 AC / 4,792 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Huntington Beach, Luis Guevara, DRE #01109164

Sold By Century 21 Allstars, Memo Gamboa, DRE #01223544

Add your commute

Building Information for 1059 Stone Street

Stories1Residences-Year Built1924Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

$6,749 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,662

Property Taxes

$1,087

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1059 Stone Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Financing: Conventional
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 2941
  • Tax Census Tract: 2032.00
  • CFD/Mello-Roos Fee: $326
  • Tax Lot: 131
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Range Hood, Water Heater
  • Equipment: Dishwasher, Gas Dryer Hookup, In Closet, Inside, Washer Hookup
  • Interior Features: Recessed Lighting, Stone Counters
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Master Suite, WalkInCloset
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Closet, Inside, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Laminate, Tile
Exterior Features
  • Window Features: Double Pane Windows
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway, Parking Space, Private, Uncovered
  • Uncovered Spaces: 8
  • Open Other Spaces Total: 8
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway, Concrete, Off Street, Parking Space, Private, Uncovered
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $3,000
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $3,000
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 3
  • Number With Range: 0
  • Number With Refrigerator: 0
  • Number With Disposal: 3

Property History for 1059 Stone Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1059 Stone Street

Taxable ValueLand$612,000Additions$446,250Total$1,058,250
Tax Record2023$13,040 ($1,087 / month)
Home Facts
Total Finished SqFt2,004 SqFtAbove Grade Finished SqFt2,004 SqFtLot Size4,792 SqFtStyleDuplexYear Built1924ZoningLAR2CountyLOS ANGELESAPN5229-027-033

Schools near 1059 Stone Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Evergreen Avenue Elementary School
PublicK to 6

Alliance College-Ready Middle Academy 8
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Huntington Beach, Luis Guevara, DRE #01109164

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.