1167 E 57th St, Los Angeles, CA 90011
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1167 E 57th St Los Angeles, CA 90011

$565,000 Sold Price as of 04/06/2020
  • 7 Beds
  • 4 Baths
  • 2,350 Sq.Ft.
Sold
$565,000 Sold Price as of 04/06/2020 Refinance Your Mortgage

Map preview of 1167 E 57th St, Los Angeles, CA 90011

Property Overview: 1167 E 57th St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,350 living square feet and 5,396 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PERFECT 2 UNITS for HANDYMAN, INVESTOR or FIRST TIME HOME BUYER!! UNITS WILL BE DELIVERED VACANT! Units in need of TLC but have been price accordingly to reflect property condition. Front unit is 2 story CRAFSTMAN HOME with front and back service enclosed porches and it shows 3 Bedroom and 2 Bathrooms on the 2nd floor plus 2 bedrooms and 1 bath in the 1st floor (1632 sqft). Back Unit shows 2 Bedrooms and 1 Bathroom (718 sqft). 2 parking spaces in back of property. There is a small backyard in between the units. EXCELLENT OPPORTUNITY to live in one and the rent the other or rent both at CURRENT market rent amounts ($5000/month-both units). Come in and instantly make money $$$ in equity and have positive cash flow $$$ every month. RUN!! THIS ONE WILL NOT LAST!!! Property to be sold in its AS IS condition. Seller is motivated and open to all reasonable offers.

Listed by Jorge Rico | BRE #01842469 | Rico and Rico Realty and Assoc
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
5,396
HOA Dues
$0/mo
Year built
1910
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
DW20007145
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1167 E 57th St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5104024016
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From 110 Fwy exit on Vernon towards east, turn right on Central Ave and left on 57th
Neighborhood Information
  • Community Features: Sidewalks, Suburban, Urban
View more facts & features

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Sale History for 1167 E 57th St

Last sold for $565,000 on April 6th, 2020
  • April, 2020

  • Apr 6, 2020

    Date

    Sold

    CRMLS: DW20007145

    $565,000

    Price

  • Feb 3, 2020

    Date

    Pending

    CRMLS: DW20007145

    $549,999

    Price

  • Jan 22, 2020

    Date

    Active

    CRMLS: DW20007145

    $549,999

    Price

  • Jan 22, 2020

    Date

    Hold

    CRMLS: DW20007145

    $549,999

    Price

  • Jan 22, 2020

    Date

    Active

    CRMLS: DW20007145

    $549,999

    Price

  • Jan 22, 2020

    Date

    Hold

    CRMLS: DW20007145

    $549,999

    Price

  • Jan 11, 2020

    Date

    Active

    CRMLS: DW20007145

    $549,999

    Price

  • April, 2020

  • Apr 6, 2020

    Date

    Sold (Public Records)

    Public Records

    $565,000

    Price

Show More

Tax History for 1167 E 57th St

Assessed Value (2020): $250,556
Year Land Value Improved Value Assessed Value
2020 $108,541 $142,015 $250,556

Home Value Compared to the Market

This property vs the competition

1167 E 57th St sold on April 6, 2020 for 53.78% 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 $234.04 per/sqft which puts the price per square foot 69% lower than the current median sale per square foot for the city of Los Angeles.

About 1167 E 57th St

Detailed summary of property

1167 E 57th St is a duplex that recently sold in Los Angeles, CA 90011. This duplex offered 7 bedrooms, 4 bathrooms, roughly 2,350 living square feet, and sits on an approximately 5,396 square foot lot. 1167 E 57th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $565,000. 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 53.78% lower than the current median priced home. Local homes that are currently for sale include 362 W 59th Pl, 3721 Wall St and 440 W Gage Ave. While the average home in Los Angeles, CA is selling in 92 days, 1167 E 57th St has a days on market of 24 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 1167 E 57th St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1167 E 57th St

Public county record property details
Beds
6
Baths
2
Year built
1910
Sq. Ft.
2,350
Lot Size
5,395
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
251
APN
5104-024-016

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,000
Median List Price/Sq.Ft.
$462
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
43
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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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.