1031 57th Street

Los Angeles, CA 90037

$501,000
Last Sold Price
3
Beds
2
Baths
1,996 Sq. Ft.
$251 / Sq. Ft.
1,996
Sq. Ft.
$251
per Sq. Ft.

Description

Great investment opportunity! Probate with no court confirmation required. Priced to sell! Property is a duplex with a 2BR/1BA and a 1BR/1BA. Seller states the property is already generating $2k/month in income revenue. Located just minutes from downtown, USC, shopping, public transportation, and So Fi stadium.Great investment opportunity! Probate with no court confirmation required. Priced to sell! Property is a duplex with a 2BR/1BA and a 1BR/1BA. Seller states the property is already generating $2k/month in income revenue. Located just minutes from downtown, USC, shopping, public transportation, and So Fi stadium.
  1. Listed by Immanuel Hamilton • DRE #02094799 • Brokerage DRE #01368364 • Keller Williams Beach Cities

Property Details for 1031 57th Street

Parking Spaces Total
4
Private Pool
No
Total Units
2.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
1996
Assessor Parcel Number
5002-019-021
Property Attached YN
true

Location

Listing Courtesy of Keller Williams Beach Cities, Immanuel Hamilton, DRE #02094799

Sold By Nicole Gozini, Nicole Gozini, DRE #02119306

Add your commute
LISTING UPDATED: 07/12/2022 05:16 AM

Property Details for 1031 57th Street

StatusClosed
MLS #SB21139774
Days on Market108
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1925
Lot Size0.12 AC / 5,168 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beach Cities, Immanuel Hamilton, DRE #02094799

Sold By Nicole Gozini, Nicole Gozini, DRE #02119306

Add your commute

Building Information for 1031 57th Street

Stories-Residences-Year Built1925Building Size-Lot Size0.12 AC / 5,168 SF

Payment Calculator

$3,265 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,734

Property Taxes

$531

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1031 57th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $24,000
  • Gross Scheduled Income: $24,000
  • Net Operating Income: $4,800
  • Financing: Cash
Expense Details
  • Operating Expense: $19,200
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,356
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $19,200
Tax / Assessment Info
  • Tax Tract Number: 2326
  • Tax Lot: 124
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Direction Faces: South
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $800
  • Unit Type Total Rent: $800
  • Unit Type Pro Forma: 800
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1031 57th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1031 57th Street

Taxable ValueLand$325,000Additions$176,320Total$501,320
Tax Record2023$6,378 ($531 / month)
Home Facts
Total Finished SqFt1,996 SqFtAbove Grade Finished SqFt1,996 SqFtLot Size5,168 SqFtStyleDuplexYear Built1925ZoningLARD2CountyLOS ANGELESAPN5002-019-021

Schools near 1031 57th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
John Muir Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Beach Cities, Immanuel Hamilton, DRE #02094799

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.