Search
1157 W 56Th St, Los Angeles, CA 90037
Image 2 for 1157 W 56Th St, Los Angeles, CA 90037
Image 3 for 1157 W 56Th St, Los Angeles, CA 90037
View Photos

1157 W 56Th St Los Angeles, CA 90037

$750,000 Sold Price as of 05/12/2022
  • 8 Beds
  • 6 Baths
  • 2,497 Sq.Ft.
Sold
$750,000 Sold Price as of 05/12/2022 Refinance Your Mortgage
Map preview of 1157 W 56Th St, Los Angeles, CA 90037

Property Overview: 1157 W 56Th St Los Angeles, CA has 8 bedrooms, 6 bathrooms, 2,497 living square feet and 6,364 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: *** Corner Property on one of the most beautiful streets South of USC*** This Triplex is located South of USC one block West of Vermont Ave. The corner unit is a 3 bedroom/1 bath detached house Occupied with a Section 8 tenant for many years. The other 2 units are located on Budlong Ave adjacent to a double car garage and side alley. One of the one bedroom units will be delivered vacant. The units have separate entrances, separate Gas and Electricity meters and separate Water Heaters. Very easy to manage. The garage might be a good candidate for adding ADU (s). Buyer to check. Please send your reasonable offer subject to interior inspection.

Listed by Shawn Raoufpour | BRE #01425538 | Gold Realty
Last checked: 11 minutes ago | Last updated: August 7th, 2022 | Source CRMLS | DOM: 50

Home details

Lot Sq. Ft
6,364
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
22126474
City
Los Angeles
County
Los Angeles
Time on Site
828 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $856
  • Total Rent: $856
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,499
  • Total Rent: $1,499
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 1
  • Gross Scheduled Income: --
  • Net Operating Income: $1
  • Gross Operating Income: $1
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1157 W 56Th St

Interior Features
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage
Property Information
  • Total # of Units: 3
  • Parcel Number: 5002021031
Location / Neighborhood
Location Information
  • Directions: South of USC , Corner of Budlong and 56th st
View more facts & features

Local Los Angeles Agent

Sale History for 1157 W 56Th St

Last sold for $750,000 on May 12th, 2022

  • May, 2022

  • May 12, 2022

    Date

    Sold

    CRMLS: 22126474

    $750,000

    Price

  • Feb 9, 2022

    Date

    Active

    CRMLS: 22126474

    $749,000

    Price

  • August, 2021

  • Aug 20, 2021

    Date

    Price Change

    CRMLS: 21756868

    $699,000

    Price

  • Jul 5, 2021

    Date

    Active

    CRMLS: 21756868

    $775,000

    Price

  • Listing provided courtesy of CRMLS

    UPDATE: As of 10/10/2021 Sellers decided not to sell the property at the moment*** Corner Property on one of the most beautiful streets South of USC*** this Triplex is located one block West of Vermont Ave. The corner unit is a 3 bedroom/1 bath detached house. The other 2 units are located on Budlong Ave adjacent to a double car garage and side alley. The garage might be a good candidate for adding ADU (s). Buyer to check. Please send your reasonable offer subject to interior inspection.

  • October, 2016

  • Oct 18, 2016

    Date

    Sold (Public Records)

    Public Records

    $401,000

    Price

  • December, 2005

  • Dec 14, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1157 W 56Th St

Assessed Value (2020): $425,543
Year Land Value Improved Value Assessed Value
2020 $302,444 $123,099 $425,543

Home Value Compared to the Market

This property vs the competition

1157 W 56Th St sold on May 12, 2022 for 37.06% 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 $299.96 per/sqft which puts the price per square foot 60.27% lower than the current median sale per square foot for the city of Los Angeles.

About 1157 W 56Th St

Detailed summary of property

1157 W 56Th St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 2,497 living square feet, and sits on an approximately 6,364 square foot lot. 1157 W 56Th St was first listed on ArdentRealEstateGroup.com on February 11, 2022. The homeowner sold the property for $750,000. 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 37.06% lower than the current median priced home. Local homes that are currently for sale include 937 W 68th St, 1726 W 60th St and 1745 W 59th Pl. While the average home in Los Angeles, CA is selling in 92 days, 1157 W 56Th St has a days on market of 50 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 1157 W 56Th 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 1157 W 56Th St

Public county record property details
Beds
4
Baths
3
Year built
1924
Sq. Ft.
2,497
Lot Size
6,363
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
87
APN
5002-021-031

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
$725,000
Median List Price/Sq.Ft.
$540
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
31
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?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1157 W 56Th St

Nearby Homes for Sale

1054 W 58th Pl, Los Angeles, CA 90044
$815,000
8 Beds
4 Baths
2159 Sq.Ft.
1054 W 58th Pl
Los Angeles, CA 90044
916 53Rd St, Los Angeles, CA 90037
$799,000
5 Beds
4 Baths
2012 Sq.Ft.
916 53Rd St
Los Angeles, CA 90037
1217 W 60th Pl, Los Angeles, CA 90044
$848,000
6 Beds
3 Baths
2649 Sq.Ft.
1217 W 60th Pl
Los Angeles, CA 90044
1452 W 53rd St, Los Angeles, CA 90062
$799,000
4 Beds
2 Baths
1776 Sq.Ft.
1452 W 53rd St
Los Angeles, CA 90062
1020 W 61St St, Los Angeles, CA 90044
$738,000
5 Beds
3 Baths
1585 Sq.Ft.
1020 W 61St St
Los Angeles, CA 90044
1532 W 58th St, Los Angeles, CA 90062
$689,900
3 Beds
2 Baths
1300 Sq.Ft.
1532 W 58th St
Los Angeles, CA 90062
820-822 W 61st St, Los Angeles, CA 90044
$670,000
3 Beds
2 Baths
1764 Sq.Ft.
820-822 W 61st St
Los Angeles, CA 90044
837 W Gage Ave, Los Angeles, CA 90044
$850,000
3 Beds
0 Baths
1504 Sq.Ft.
837 W Gage Ave
Los Angeles, CA 90044
1632 W 52nd St, Los Angeles, CA 90062
$849,000
7 Beds
3 Baths
1933 Sq.Ft.
1632 W 52nd St
Los Angeles, CA 90062
943 W 65th St, Los Angeles, CA 90044
$799,999
7 Beds
4 Baths
3260 Sq.Ft.
943 W 65th St
Los Angeles, CA 90044
1423 W 65th St, Los Angeles, CA 90047
$899,900
3 Beds
3 Baths
1541 Sq.Ft.
1423 W 65th St
Los Angeles, CA 90047
6414 S Hoover St, Los Angeles, CA 90044
$769,000
7 Beds
4 Baths
2330 Sq.Ft.
6414 S Hoover St
Los Angeles, CA 90044

Recently Sold Homes Near 1157 W 56Th St

1106 W 56th St, Los Angeles, CA 90037
$695,000 Last Sold Price
4 Beds
3 Baths
1754 Sq.Ft.
1106 W 56th St
Los Angeles, CA 90037
1127 W 55th St, Los Angeles, CA 90037
$610,000 Last Sold Price
6 Beds
4 Baths
-- Sq.Ft.
1127 W 55th St
Los Angeles, CA 90037
1115 W 55Th St, Los Angeles, CA 90037
$650,000 Last Sold Price
8 Beds
6 Baths
-- Sq.Ft.
1115 W 55Th St
Los Angeles, CA 90037
1144 W 57th St, Los Angeles, CA 90037
$1,157,500 Last Sold Price
10 Beds
6 Baths
3216 Sq.Ft.
1144 W 57th St
Los Angeles, CA 90037

Related Resources to 1157 W 56Th St

New Listings in 90037
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote