1050 W 57th Street Los Angeles, CA ^$ 1,300,000

1050 W 57th Street

^$ 1,300,000

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1050 W 57th Street

Los Angeles, CA, 90037

^$ 1,300,000

Bedrooms14 Baths5.0 Sq 4,476

Monthly Estimate*

^$ 8,640

Listed by Kidder Mathews of California, Inc.

1050 W 57th Street, Los Angeles, CA 90037 - Image 1

1050 W 57th Street, Los Angeles, CA 90037 - Image 2

1050 W 57th Street, Los Angeles, CA 90037 - Image 3

1050 W 57th Street, Los Angeles, CA 90037 - Image 4

1050 W 57th Street, Los Angeles, CA 90037 - Image 5

1050 W 57th Street, Los Angeles, CA 90037 - Image 6

1050 W 57th Street, Los Angeles, CA 90037 - Image 7

1050 W 57th Street, Los Angeles, CA 90037 - Image 8

1050 W 57th Street, Los Angeles, CA 90037 - Image 9

1050 W 57th Street, Los Angeles, CA 90037 - Image 10

Multi-Family Home for sale in Los Angeles, CA

for $1,300,000 with 14 bedrooms and 5 full baths. This 4,476 square foot home was built in 1931 on a lot size of 0.1072.

We are pleased to present 1050 W 57th St, a 5-unit Spanish-style apartment community located in the heart of Los Angeles. Operating at a 6.37% CAP and 10.11 GRM on current rents, with potential upsides to a 10.78% CAP and 6.81 GRM on pro-forma rents, the building provides a buyer with the ability to achieve a high cash-flow! The building consists of 1 two-bedroom unit and 4 three-bedroom units, along with four 1-car garages in the rear accessible by alley. With classic 1930's Spanish-style architecture throughout, the building provides a sense of character and desirability from the tenant community, which can be seen in the high rental amounts currently in the building and neighborhood. Contact the listing broker for additional information.

Multi-Family Active

Price

^$ 1,300,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1072

Year Built

1931

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24394439

Days on Market

Features

General

Zoning LARD1.5

Year Built 1931

Stories 2

Levels Two

Gross Income 128561.0

County Los Angeles

Net Operating Income 82781.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Google Maps: 1050 W 57th St. Los Angeles CA 90037

City Los Angeles

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 5

MLS Area C34 - Los Angeles Southwest

Lot Size Units SquareFeet

Lot Size Square Feet 4670.0

Private Pool N

Waterfront Y/N N

Carport Y/N Y

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 15

Standard Status Active

Cap Rate 6.37

Exterior

Parking Features Carport

Total Parking 4.0

Lot Size Area 4670.0

Number of Buildings 2

Spa N

Building Area Total 4476.0

Lot Size Acres 0.1072

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 14

Electric On Property Y/N N

Total Baths 5

Internal Only

Street Number 1 1050

* Excluded Features

List By

Kidder Mathews Of California, Inc.

Broker

(714) 333-6768

Phone

Affordability Calculator

$8,640

Per Month

Monthly Principal & Interest: $8,640
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,989,369

Percent of Sale Price 53%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/21/2024	$1,300,000		Listed Price

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1050 W 57th Street, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $1,300,000 with 4,476 sqft and a lot size of 0.1072. 1050 W 57th Street has 14 bedrooms, 5.0 baths, and was built in 1931. The property's zip code is 90037 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/19/2024. 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.

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1050 W 57th Street

Multi-Family Home for sale in Los Angeles, CA

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