This property is a well-maintained multi-unit, featuring two spacious 4-unit buildings, each consisting of 1-bedroom, 1-bathroom apartments. With eight total units, this income-generating property is in excellent condition, boasting clean interiors, quality appliances, and energy-efficient features. Each unit offers an open-concept living area with ample natural light, a fully equipped kitchen, and a comfortable bedroom with plenty of closet space. The property includes well-kept common areas, on-site parking, and landscaped surroundings. Ideal for investors looking for a turnkey property with low maintenance and strong rental potential. Please note that 553 & 557 W Imperial HWY are being sold together.
Sold for $710,000
$710,000
557 W Imperial Hwy, Los Angeles, CA 90044
4beds
4baths
2,352sqft
Multi Family
Built in 1953
-- sqft lot
$980,100 Zestimate®
$302/sqft
$2,518 Estimated rent
Home value
$980,100
$902,000 - $1.07M
$2,518/mo
Zestimate® history
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$2,518/mo
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$2,518/mo
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$4,540/mo
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List your homeWhat's special
Landscaped surroundingsWell-kept common areasClean interiorsAmple natural lightPlenty of closet spaceComfortable bedroomQuality appliances
Zillow last checked:
Listing updated:
Listed by:
Peter DiVito DRE # 01940016 818-942-4262,
The Agency 626-803-2000
Bought with:
Out Of Area Monte Bello, DRE # 0
NON MEMBER - OUT OF AREA
Source: CLAW,MLS#: 24-439835
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Wall
Cooling
- None
Interior area
- Total structure area: 2,352
- Total interior livable area: 2,352 sqft
Property
Parking
- Total spaces: 8
- Parking features: Gated
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,937 Square Feet
Details
- Additional structures: None
- Parcel number: 6075026025
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Condition
- Year built: 1953
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $302/sqft
- Tax assessed value: $57,909
- Annual tax amount: $6,890
- Date on market: 9/15/2024
Price history
| Date | Event | Price |
|---|---|---|
| 2/14/2025 | Sold | $710,000-5.3%$302/sqft |
Source:  CLAW #24-439835 Report a problem | ||
| 12/15/2024 | Contingent | $750,000$319/sqft |
Source: CLAW #24-439835 Report a problem | ||
| 11/12/2024 | Price change | $750,000-9.1%$319/sqft |
Source: CLAW #24-439835 Report a problem | ||
| 9/15/2024 | Listed for sale | $825,000$351/sqft |
Source: CLAW #24-439835 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,890 +1.5% | $530,400 +1.9% |
| 2024 | $6,787 +444.5% | $520,680 +788.7% |
| 2023 | $1,246 +2.9% | $58,589 +2% |
| 2022 | $1,212 +2.4% | $57,455 +2% |
| 2021 | $1,183 -0.4% | $56,342 +1% |
| 2020 | $1,188 | $55,773 +2% |
| 2019 | $1,188 +12.5% | $54,694 +2% |
| 2018 | $1,056 | $53,636 +3.3% |
| 2017 | $1,056 +1.3% | $51,919 +2% |
| 2016 | $1,042 +4.8% | $50,902 +1.5% |
| 2015 | $994 -2.4% | $50,138 +2% |
| 2014 | $1,019 | $49,156 +2.5% |
| 2012 | -- | $47,976 +2% |
| 2011 | -- | $47,036 +0.8% |
| 2010 | -- | $46,685 -0.2% |
| 2009 | -- | $46,797 +2% |
| 2008 | -- | $45,880 +2% |
| 2007 | -- | $44,981 +2% |
| 2006 | -- | $44,100 |
| 2005 | -- | $44,100 +4% |
| 2004 | -- | $42,390 +1.9% |
| 2003 | -- | $41,614 +2% |
| 2002 | -- | $40,799 +4% |
| 2000 | -- | $39,217 |
Find assessor info on the county website
Neighborhood: South Los Angeles
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Nearby schools
GreatSchools rating
- 7/10Figueroa Street Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Samuel Gompers Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Alain Leroy Locke College Prep AcademyGrades: 9-12Distance: 1.1 mi
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Estimated market value
$980,100
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
$980,100
- California
- Los Angeles County
- Los Angeles
- 90044
- South Los Angeles
- 557 W Imperial Hwy
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