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1300 W 57th Street Los Angeles, CA $ 925,000
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$ 925,000 Get more info
1300 W 57th Street
$ 925,000
Back to search
Share Save

1300 W 57th Street

Los Angeles, CA, 90037
$ 925,000
Bedrooms1 Baths1.0 Sq 3,585

Monthly Estimate*

$ 6,461

Listed by Pinnacle Estate Properties, Inc.
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Multi-Family Home for sale in Los Angeles, CA

for $925,000 with 1 bedroom and 1 full bath. This 3,585 square foot home was built in 1938 on a lot size of 0.2273.

This is an exciting investment opportunity in South Los Angeles! Don't miss this remarkable 5-unit income property with immense potential for savvy investors. This property boasts a mix of four 1-bedroom,1-bathroom units and one 2-bedroom. 1-bathroom unit, perfectly designed for rental income. Each unit is equipped with its own washer and dryer hookup, providing convenience, and added value for the tenants. There is ample parking with one single car garage, and two 2-car garages ensuring sufficient parking for all residents. While the property may require some renovations and upgrades this presents a fantastic chance for investors to add value and maximize returns. Priced competitively and poised for transformation, this property represents an exceptional opportunity in the thriving South Los Angeles real estate market. Here's your chance to turn this diamond in the rough into a lucrative investment.

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Multi-Family Active

Price

$ 925,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

MixedUse

Lot Size

0.2273

Year Built

1938

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR24035834

Days on Market

73
Features
General
Sewer PublicSewer
Heating FloorFurnace WallFurnace
Cooling None
Zoning LARD1.5
Garage Spaces 5.0
Pool Features None
Year Built 1938
Tenant Pays CableTV Electricity Gas Telephone
View None
Stories 1
Levels One
Property SubType MixedUse
Gross Income 71256.0
Community Features Curbs StormDrains StreetLights Sidewalks Urban
County Los Angeles
Net Operating Income 50820.0
Operating Expense 20436.0
Insurance Expense 9684.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Trust
Status Active
Directions On 57th Street between Normandie and Budlong
City Los Angeles
Entry Location door
View Y/N N
Senior Community Y/N N
Total Units 5
MLS Area C34 - Los Angeles Southwest
Lot Size Square Feet 9901.0
Private Pool N
Waterfront Y/N N
Carport Spaces 0.0
Carport Y/N N
Number of Units Leased 5
Street Name 57th
Listing Terms Cash CashtoNewLoan Conventional
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Property Condition Fixer RepairsCosmetic
Trash Expense 0.0
Water Sewer Expense 4752.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Virtual Tour https://www.wellcomemat.com/mls/55n6466c4ad31lieq https://www.wellcomemat.com/video/55n6466c4ad31lieq/LA/CA/90037/W-57th/SR24035834/
Days on Market 70
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 66
Total Actual Rent 5938.0
Property Sub Type Additional MixedUse
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Interior
Flooring Carpet Laminate Tile
Fireplace Features None
Total Stories 1
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Laundry Features WasherHookup GasDryerHookup
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing ChainLink
Parking Features DoorMulti DoorSingle Garage Gated
Lot Features FrontYard SprinklerSystem
Water Source Public
Total Parking 5.0
Lot Size Area 9901.0
Number of Buildings 1
Spa N
Building Area Total 3585.0
Lot Size Acres 0.2273
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1300
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* Excluded Features
List By
Pinnacle Estate Properties, Inc.

Broker

(661) 705-3200

Phone

Affordability Calculator

$6,461
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,461
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/27/2024$925,000 -5.85% Price Down
2/23/2024$982,500 Listed Price

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1300 W 57th Street, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $925,000 with 3,585 sqft and a lot size of 0.2273. 1300 W 57th Street has 1 bedrooms, 1.0 baths, and was built in 1938. The property's zip code is 90037 which is in Los Angeles, CA

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