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1300 57th Street
Los Angeles, CA 90037
Sold
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.
PROPERTY INFORMATION
| MLS # | SR24035834 | Lot Size | 9,901 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Commercial/Residential |
| Price | $ 900,000
Price Per SqFt: $ 251 |
DOM | 440 Days |
| Address | 1300 57th Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 3,585 Sq. Ft. |
| Postal Code | 90037 | Garage | 5 |
| County | Los Angeles | Year Built | 1938 |
| Bed / Bath | 6 / 0 | Parking | 5 |
| Built In | 1938 | Status | Closed |
| Sold Date | 2024-08-02 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Gas Dryer Hookup, Washer Hookup |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Heating | Yes |
| Heating Information | Floor Furnace, Wall Furnace |
| Has Cooling | No |
| Cooling Information | None |
| Flooring Information | Carpet, Laminate, Tile |
| EntryLocation | door |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Chain Link |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $960
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/02/2024 | Sold | $780,000 |
| 07/03/2024 | Active Under Contract | $900,000 |
| 06/24/2024 | Price Change (Relisted) | $900,000 (-2.70%) |
| 05/03/2024 | Relisted | $925,000 |
| 02/22/2024 | Listed | $982,500 |
Topfind Realty
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Listing provided courtesy of Darilyn Gail Mitchell, Pinnacle Estate Properties, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
