3206 W 59th Street
Los Angeles, CA, 90043
$650,000
MLS: DW25165052
Beds
4
Baths
2
Sq Ft
1,056
Lot
0.12 ac
Year Built
1923
MLS #
DW25165052
Days on Market
254
Listed
Jul 30, 2025
Description
Welcome to this fully remodeled, income-generating property in Los Angeles. This versatile home offers multiple functional living spaces, ideal for multi-generational living, house hacking, or maximizing rental income. The main house features 2 spacious bedrooms, 2 upgraded bathrooms, and a stunning open-concept kitchen with quartz countertops, new cabinetry, and an oversized breakfast bar. Recent improvements include updated flooring, fresh interior and exterior paint, modern lighting, a newer A/C system, and updated plumbing and electrical. A detached studio-style space with a private entrance and bathroom provides excellent flexibility for rental income, guest use, or a home office. The detached 2-car garage includes an additional room, offering potential for future ADU conversion (buyer to verify). Situated on a fully fenced lot with ample parking and space for RV access, this property is conveniently located near major freeways, shopping, and schools. Property is currently configured as 4 bedrooms and 3 bathrooms; public records may differ. Buyer to verify all permits, square footage, and use of spaces. Property includes additional permitted living areas, providing expanded functional use beyond the main living area of approximately 1,056 sq ft. This is a short sale subject to lender approval, presenting a great opportunity for both first-time buyers and investors.
Location
Los Angeles, Los Angeles County, CA 90043
Open on Google Maps ↗Listed by: Janeth Pazmino · Keller Williams SELA
Payment estimate
$4,815
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $65,000 · Loan: $585,000
- Principal & Interest
- $3,594
- Property tax (1.25%)
- $677
- Homeowners insurance
- $300
- Mortgage insurance
- $244
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $22,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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