217 57th Street

Los Angeles, CA 90037

$970,000
Price
6
Beds
4
Baths
2,260 Sq. Ft.
$429 / Sq. Ft.
2,260
Sq. Ft.
$429
per Sq. Ft.

Description

Great opportunity to acquire this duplex with plenty of upsides. This property has 2 units, excellent for an investor or someone looking for a property with income potential. The front unit has 3 bedrooms / 2 bathrooms, and the back detached unit has 2 bedrooms / 1 bathroom, which will be delivered vacant. Conveniently located near the 110 freeway, downtown LA, USC, Science Center, Exposition Park, shops, and much more. Don't miss the chance to make this beautifully renovated Craftsman home your...Great opportunity to acquire this duplex with plenty of upsides. This property has 2 units, excellent for an investor or someone looking for a property with income potential. The front unit has 3 bedrooms / 2 bathrooms, and the back detached unit has 2 bedrooms / 1 bathroom, which will be delivered vacant. Conveniently located near the 110 freeway, downtown LA, USC, Science Center, Exposition Park, shops, and much more. Don't miss the chance to make this beautifully renovated Craftsman home your own and explore the endless possibilities.
  1. Listed by Luis Venegas • DRE #01419465 • Brokerage DRE #01419465 • Luis A. Venegas

Property Details for 217 57th Street

Water Front
None
Zoning
LAR2
Style
Unknown
Parcel Number
5101028006
Total Units
2.0
Living Area
2260
Source Living Area
Vendor Enhanced
Area
Downtown L.A. (C42)

Location

Listing Courtesy of Luis A. Venegas, Luis Venegas, DRE #01419465
Add your commute
LISTING UPDATED: 04/30/2024 10:05 PM

Property Details for 217 57th Street

StatusActive
MLS #24-368095
Days on Market54
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.14 AC / 6,091 SF
CountyLos Angeles County

Location

Listing Courtesy of Luis A. Venegas, Luis Venegas, DRE #01419465
Add your commute

Building Information for 217 57th Street

Stories-Residences-Year Built1922Building Size-Lot Size0.14 AC / 6,091 SF

Payment Calculator

$5,604 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,294

Property Taxes

$310

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 217 57th Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Duplex
  • View: Yes
  • View Description: City Lights
  • View: City Lights
  • Security Features: None
  • Water: Public
  • Water Heater Features: Solar
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $25,800
  • Net Operating Income: $25,800.00
  • Gross Income: $25,800
  • Gross Rent Multiplier: $25,800.00
  • Actual Annual Gross Rent: $25,800.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1398
  • Lot Size Square Feet: 6091
Parking Details
Parking Details
  • Parking Garage: Carport
  • Total Parking: 0
  • Parking Features: Carport
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Flooring: Marble
  • Equipment: Gas Dryer Hookup
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-12-2024
  • Rent Control: No
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,000.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,150.00
  • Unit Actual Rent: $2,150.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $173,706.00
  • Assessed Improvement Percent: 61.22
  • Assessed Land Value: $110,050.00
  • Assessed Land Percent: 38.78
  • Assessed Total Value: $283,756.00

Property History for 217 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 217 57th Street

Taxable ValueLand$110,050Additions$173,706Total$283,756
Tax Record2023$3,721 ($310 / month)
Home Facts
Total Finished SqFt2,260 SqFtAbove Grade Finished SqFt2,260 SqFtLot Size6,091 SqFtStyleDuplexYear Built1922ZoningLAR2CountyLOS ANGELESAPN5101-028-006

Schools near 217 57th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Estrella Elementary School
PublicK to 5

Los Angeles Academy Middle
Public6 to 8

Nava College Preparatory Academy
Public9 to 12

Thomas Jefferson Senior High School
Public9 to 12

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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217 57th Street is a multi-family home for sale in Los Angeles, CA 90037. This property was listed for sale on March 12, 2024 by Luis A. Venegas, it's currently listed at $970,000. It has been on the market for a total of 54 days and was last sold on September 28, 2001. This listing's school district is Los Angeles Unified School District. Nearby schools include Estrella Elementary School, Los Angeles Academy Middle and Nava College Preparatory Academy. 217 57th Street is a 6-bed, 4-bath, 2,260 sqft multi-family home built in 1922.

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 Luis A. Venegas, Luis Venegas, DRE #01419465

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.