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1022 W 57Th St, Los Angeles, CA 90037
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1022 W 57Th St Los Angeles, CA 90037

$795,000 Sold Price as of 10/21/2021
  • 6 Beds
  • 3 Baths
  • 2,380 Sq.Ft.
Sold
$795,000 Sold Price as of 10/21/2021 Refinance Your Mortgage
Map preview of 1022 W 57Th St, Los Angeles, CA 90037

Property Overview: 1022 W 57Th St Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,380 living square feet and 6,114 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is an up and down duplex with loads of charm, and an oversized double car garage that screams ADU! The property sits back on the lot in a fenced yard. Downstairs is a very large four bedroom, two bath unit consisting of a large living room with a fireplace, large dining room, spacious kitchen, and service porch with a laundry hook up. Upstairs is a two bedroom one bath unit, also with a spacious living room, dining room, and kitchen. It also has a service porch with a washer and dryer hookup. At this time, the public records show this property as a four bedroom two bath, it is currently being corrected to reflect the true property characteristics of six bedrooms and three baths.

Listed by Jonathan Minerick | BRE #01523060 | Homecoin.com
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
6,114
HOA Dues
$0/mo
Year built
1940
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
TR21156795
City
Los Angeles
County
Los Angeles
Time on Site
1037 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,455
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,525
  • Pro Forma/Market Rent: $1,525
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $47,000
  • Net Operating Income: $47,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $1,945
  • Trash: $52
  • Insurance: $1,034
  • Water/Sewer: $65

Property Details for 1022 W 57Th St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Room Information
  • Flooring: Carpet, Tile
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5002018008
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Harbor Fwy > Slauson Ave > Vermont Ave > 57th St
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1022 W 57Th St

Last sold for $795,000 on October 21st, 2021

  • August, 2021

  • Aug 12, 2021

    Date

    Pending

    CRMLS: TR21156795

    $795,000

    Price

  • Aug 5, 2021

    Date

    Price Change

    CRMLS: TR21156795

    $795,000

    Price

  • Jul 28, 2021

    Date

    Price Change

    CRMLS: TR21156795

    $919,000

    Price

  • Jul 17, 2021

    Date

    Active

    CRMLS: TR21156795

    $979,000

    Price

  • April, 2018

  • Apr 3, 2018

    Date

    Canceled

    CRMLS: 17291404

    $599,000

    Price

  • Dec 5, 2017

    Date

    Active

    CRMLS: 17291404

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    Great income opportunityForget the bank!!! Seller may carry loan with an approved down payment!! Public records show this property as a two 2 bedroom and 1 bath. This property is actually a 6 bedroom 3 bath with the downstairs unit being four bedrooms, 2 baths, and the upstairs unit a 2 bedroom, 1 bath. Great upside rental potential. With a little TLC, this property offers great income potential.

  • November, 2008

  • Nov 26, 2008

    Date

    Sold (Public Records)

    Public Records

    $248,000

    Price

  • February, 2008

  • Feb 20, 2008

    Date

    Sold (Public Records)

    Public Records

    $1,000

    Price

Show More

Tax History for 1022 W 57Th St

Assessed Value (2020): $292,005
Year Land Value Improved Value Assessed Value
2020 $188,392 $103,613 $292,005

Home Value Compared to the Market

This property vs the competition

1022 W 57Th St sold on October 21, 2021 for 33.19% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $334.03 per/sqft which puts the price per square foot 55.76% lower than the current median sale per square foot for the city of Los Angeles.

About 1022 W 57Th St

Detailed summary of property

1022 W 57Th St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 2,380 living square feet, and sits on an approximately 6,114 square foot lot. 1022 W 57Th St was first listed on ArdentRealEstateGroup.com on July 17, 2021. The homeowner sold the property for $795,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.19% lower than the current median priced home. Local homes that are currently for sale include 937 W 68th St, 1601 W 59th Pl and 1601 W 59th Pl. While the average home in Los Angeles, CA is selling in 92 days, 1022 W 57Th St has a days on market of 23 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1022 W 57Th St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1022 W 57Th St

Public county record property details
Beds
4
Baths
2
Year built
1940
Sq. Ft.
2,380
Lot Size
6,114
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
170,171
APN
5002-018-008

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$517
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
32
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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