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1031 W 57th Street

Los Angeles (City), CA 90037
  • $649,000
  • STATUS: Active
  • ON SITE: 235 Days
  • ID#: SB23022385
UPDATED: 183 min ago
$649,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Listing Agent(s): Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Cameron Samimi of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)


Description

1031 W 57th St is afantastic investment opportunity for any buyerlooking to invest in South Los Angeles. Located inthe 90037 zip code, 1031 W 57th consists of (1) 2-Bed/1-Bath, (1) 1-Bed/1-Bath and a large 2 CarGarage perfect for an ADU.This large 1,996 square foot building is situated on a5,168 square foot lot zoned LA RD2. At one of thelowest price points for an income property, thesubject is the best way to enter the real estatemarket and grow your portfolio! Priced at only$325/Sq. Ft, this building is one of the best $/Sq. Ftyou'll see in this neighborhood.Located in the 90037 Zip code, the subject propertyis steps from the new recreational development at5800 Figueroa, as well as new apartmentdevelopments in the subpocket.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. 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 deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/136814077
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1031 W 57th Street Los Angeles (City), CA 90037

  • Price: $649,000
  • Status: Active
  • On Site: 235 Days
  • Updated: 183 min ago
  • ID#: SB23022385
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1925
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
1031 W 57th St is afantastic investment opportunity for any buyerlooking to invest in South Los Angeles. Located inthe 90037 zip code, 1031 W 57th consists of (1) 2-Bed/1-Bath, (1) 1-Bed/1-Bath and a large 2 CarGarage perfect for an ADU.This large 1,996 square foot building is situated on a5,168 square foot lot zoned LA RD2. At one of thelowest price points for an income property, thesubject is the best way to enter the real estatemarket and grow your portfolio! Priced at only$325/Sq. Ft, this building is one of the best $/Sq. Ftyou'll see in this neighborhood.Located in the 90037 Zip code, the subject propertyis steps from the new recreational development at5800 Figueroa, as well as new apartmentdevelopments in the subpocket.
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Appliances DryerWasher Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features BikingDog ParkUrban Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 24000 Gross Scheduled Income 24000 Insurance Expense 0 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupInside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFha Net Operating Income 10502 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 13498 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lard2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. 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 deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Aaron Jacobson of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Cameron Samimi of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)