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.
Sold for $780,000
Listed by: Pinnacle Estate Properties, Inc. • Darilyn Mitchell • Contact: 661-705-3200
Bought with: Lyon Stahl Investment Real Estate, Inc.
$780,000
1300 W 57th St, Los Angeles, CA 90037
6beds
5baths
3,585sqft
Mixed Use
Built in 1938
-- sqft lot
$1,179,400 Zestimate®
$218/sqft
$3,035 Estimated rent
Home value
$1,179,400
$1.03M - $1.34M
$3,035/mo
Zestimate® history
Owner options
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$3,035/mo
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$3,035/mo
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Refinance and save
$5,106/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,106/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Darilyn Mitchell DRE #01377797 661-705-3200,
Pinnacle Estate Properties, Inc.
Bought with:
Aaron Jacobson, DRE #02100737
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: SR24035834
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Heating
- Floor Furnace, Wall Furnace
Cooling
- None
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Flooring: Carpet, Laminate, Tile
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,585
- Total interior livable area: 3,585 sqft
Property
Parking
- Total spaces: 5
- Parking features: Door-Multi, Door-Single, Garage, Gated
- Garage spaces: 5
Features
- Levels: One
- Stories: 1
- Entry location: door
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: None
Lot
- Size: 9,901 Square Feet
- Features: Front Yard, Sprinkler System
Details
- Parcel number: 5002013017
- Zoning: LARD1.5
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- Fixer,Repairs Cosmetic
- New construction: No
- Year built: 1938
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $218/sqft
- Date on market: 2/22/2024
- Cumulative days on market: 73 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Total actual rent: 5938
- Tenant pays: Cable TV, Electricity, Gas, Telephone
Price history
| Date | Event | Price |
|---|---|---|
| 8/2/2024 | Sold | $780,000$218/sqft |
Source:  CRMLS #SR24035834 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: South Los Angeles
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Nearby schools
GreatSchools rating
- 4/10Budlong Avenue Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10John Muir Middle SchoolGrades: 6-8Distance: 0.4 mi
- 2/10Augustus F. Hawkins High C Responsible Indigenous Social EntrepreneurshipGrades: 9-12Distance: 0.6 mi
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Estimated market value
$1,179,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,179,400
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