1300 57th Street
1300 57th Street
Description
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...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.
- Listed by Darilyn Gail Mitchell • DRE #01377797 • Brokerage DRE #00905345 • Pinnacle Estate Properties, Inc.
Property Details for 1300 57th Street
Location
Property Details for 1300 57th Street
| Status | Active |
|---|---|
| MLS # | SR24035834 |
| Days on Market | 72 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Residential Income |
| Year Built | 1938 |
| Lot Size | 0.23 AC / 9,901 SF |
| County | Los Angeles County |
Location
Building Information for 1300 57th Street
Payment Calculator
$5,238 per month
30 year fixed, 7.25% Interest
$5,048
$190
$0
Property Information for 1300 57th Street
- Tenant Pays: Cable TV, Electricity, Gas, Telephone
- Gross Income: $71,256
- Gross Scheduled Income: $71,256
- Net Operating Income: $50,820
- Operating Expense: $20,436
- Gardener Expense: $1,200
- Insurance Expense: $9,684
- Professional Management Expense: $4,800
- Trash Expense: $0
- Water Sewer Expense: $4,752
- Total Expenses: $20,436
- Tax Tract Number: 2
- Tax Census Tract: 2326.02
- Tax Lot: 66
- Assessments YN: Yes
- Assessments: Unknown
- Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban
- Laundry: Yes
- Laundry Features: Gas Dryer Hookup, Washer Hookup
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: None
- Heating Type: Floor Furnace, Wall
- Heating: Floor Furnace, Wall Furnace
- Flooring: Carpet, Laminate, Tile
- Virtual Tour URL Branded: https://www.wellcomemat.com/video/55n6466c4ad31lieq/LA/CA/90037/W-57th/SR24035834/
- Virtual Tour URL Unbranded: https://www.wellcomemat.com/mls/55n6466c4ad31lieq
- Entry Location: door
- Fence: Yes
- Fence: Chain Link
- Fencing: Chain Link
- Property Condition: Fixer, Repairs Cosmetic
- View Description: None
- Pool Features: None
- Pool Description: None
- Spa Features: None
- Lot Features: Front Yard, Sprinkler System
- Number Of Units: 5
- Land Lease: No
- Land Lease Type: Fee
- Levels: One
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 5
- Parking: Yes
- Parking Garage: Garage - 1 Car, Garage - 2 Car, Gated
- Parking Garage Spaces: 5
- Carport Spaces: 0
- Parking Features: Garage - Single Door, Garage - Two Door, Gated
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,585
- Unit Type Total Rent: $1,585
- Unit Type Pro Forma: 2407
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,095
- Unit Type Total Rent: $1,095
- Unit Type Pro Forma: 2407
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,343
- Unit Type Total Rent: $1,343
- Unit Type Pro Forma: 2407
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $880
- Unit Type Total Rent: $880
- Unit Type Pro Forma: 2407
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,035
- Unit Type Total Rent: $1,035
- Unit Type Pro Forma: 3052
- Unit Type Type: 5
- Number Of Units Leased: 5
- Rent Controlled: Yes
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 5
- Number Of Separate Gas Meters: 5
- Number Of Separate Water Meters: 0
Property History for 1300 57th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1300 57th Street
Schools near 1300 57th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Charter - | K to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 5 |
Rating | School | Distance |
|---|---|---|
ICEF Lou Dantzler Preparatory Academy Charter CharterK to 8 | ||
John Muir Middle School Public6 to 8 | ||
Gifted Academy Of Math And Entrepreneurial Studies CharterK to 5 |
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.
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Listing Courtesy of Pinnacle Estate Properties, Inc., Darilyn Gail Mitchell, DRE #01377797
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.