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1206 E 57th St, Los Angeles, CA 90011
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1206 E 57th St Los Angeles, CA 90011

$590,000
  • 5 Beds
  • 2 Baths
  • 1,843 Sq.Ft.
Pending
$590,000 Get Pre-Qualified
Map preview of 1206 E 57th St, Los Angeles, CA 90011

Property Overview: 1206 E 57th St Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,843 living square feet and 5,402 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: INVESTMENT OPPORTUNITY for first-time buyers or investors to own a centrally located Duplex in the heart of Los Angeles. Two (2) separate houses on the lot. Front house has 3 bedrooms and 1 bathroom (per tax records), with an additional Jack and Jill half bathroom. The Rear House has 2 bedrooms and 1 bathroom. Both houses has laundry hookups inside. The property offers parking spaces, separate entrance and a mango producing fruit tree. On-time paying tenants in good standing. Please Do Not Disturb the Occupants!

Listed by Bobby Mitchell | BRE #01361950 | Park Place Realty Group
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 23
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Home details

Lot Sq. Ft
5,402
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Multi Family
Status
Pending
MLS#
PW21185614
City
Los Angeles
County
Los Angeles
Time on Site
1001 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,599
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $27,000
  • Net Operating Income: $25,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $100
  • Trash: $100
  • Insurance: $0

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Property Details for 1206 E 57th St

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside, Washer Hookup
Room Information
  • All Bedrooms Down
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5104026014
  • Year Built Source: Assessor
  • Property is not Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: North Slauson, East Central
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1206 E 57th St

Last sold for $750,000 on August 22nd, 2022

  • August, 2022

  • Aug 22, 2022

    Date

    Sold

    CRMLS: DW22085715

    $750,000

    Price

  • May 2, 2022

    Date

    Active

    CRMLS: DW22085715

    $729,000

    Price

  • Listing provided courtesy of CRMLS

    Stunning and spacious fully remodeled DUPLEX*** VACANT*****! Each home is single standing and with their own laundry rooms and yards! Front unit consists of 3 bed, 2 bath with an oversized master suite. Second unit consists of 2 bed, 1 bath! BOTH units have been tastefully upgraded inside and out and feature open-concepts, new flooring, new paint, new windows, and brand new central a/c’s to name a few! Plenty of parking inside the property, in front and through the back! Professional photos coming soon!! Stay tuned, do not miss out on this opportunity to make this your forever home OR amazing passive income! TWO BRAND NEW ROOFS

  • October, 2021

  • Oct 28, 2021

    Date

    Sold

    CRMLS: PW21185614

    --

    Price

  • Sep 17, 2021

    Date

    Pending

    CRMLS: PW21185614

    $590,000

    Price

  • Sep 15, 2021

    Date

    Hold

    CRMLS: PW21185614

    $590,000

    Price

  • Aug 23, 2021

    Date

    Active

    CRMLS: PW21185614

    $590,000

    Price

  • May, 2021

  • May 7, 2021

    Date

    Expired

    CRMLS: DW20159951

    $599,000

    Price

  • Aug 8, 2020

    Date

    Active

    CRMLS: DW20159951

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT OPPORTUNITY to own two (2) separate units. Close to Downtown Los Angeles. Perfect for first time home buyers or for handy man investor. Per assessor Records: 5 Bedroom, 2 Bathroom. Front unit has 3 Bedrooms and 1 Bath. The back unit has 2 Bedrooms and 1 Bath. Property to be sold "AS IN CONDITION" Seller is motivated.

  • August, 2020

  • Aug 10, 2020

    Date

    Canceled

    CRMLS: DW20159420

    $599,000

    Price

  • Aug 7, 2020

    Date

    Active

    CRMLS: DW20159420

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    Great OPPORTUNITY to own 2 separate units. Close to Downtown Los Angeles. Perfect for first time home buyers or for handy man investor. Per Assessor Records: 5 Bedroom, 2 Bathroom. Front Unit has 3 Bedrooms and 1 Bath and it's rented for $1500.00 a month. The back unit has 2 bedrooms and 1 bath and also rented for $700.00 a month. Property sold as is condition. Seller is motivated

  • January, 2020

  • Jan 21, 2020

    Date

    Expired

    CRMLS: SR19171968

    $499,900

    Price

  • Sep 16, 2019

    Date

    Withdrawn

    CRMLS: SR19171968

    $499,900

    Price

  • Jul 24, 2019

    Date

    Price Change

    CRMLS: SR19171968

    $499,900

    Price

  • Jul 20, 2019

    Date

    Active

    CRMLS: SR19171968

    $450,000

    Price

  • Listing provided courtesy of CRMLS

    Location, location, location!! Minutes from Downtown LA, USC and the Coliseum. This gated DUPLEX is a cash flow property. Front unit is spacious 3 bedroom 2 bath with front yard, back unit is 2 bed 1 bath. Parking in the back. Tons of potential! Immediate upside when you buy!

  • July, 1995

  • Jul 26, 1995

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1206 E 57th St

Assessed Value (2020): $255,881
Year Land Value Improved Value Assessed Value
2020 $164,914 $90,967 $255,881

Home Value Compared to the Market

This property vs the competition

1206 E 57th St is listed 52.8% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $320.13 per/sqft which puts the price per square foot 58.8% lower than the median price per square foot for the city of Los Angeles.

About 1206 E 57th St

Detailed summary of property

1206 E 57th St is a multi family located in Los Angeles, CA 90011 and is currently in escrow to be sold. This multi family property offers 5 bedrooms, 2 bathrooms, roughly 1,843 living square feet, and sits on an approximately 5,402 square foot lot. 1206 E 57th St was first listed on ArdentRealEstateGroup.com on August 23, 2021. The homeowner is currently asking $590,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 52.8% lower than the median priced home. Local competing homes currently for sale include 110 W 48th St, 134 W 60th St and 172 E 43rd ST. While the average home in Los Angeles, CA is selling in 92 days, 1206 E 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 1206 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 1206 E 57th St

Public county record property details
Beds
5
Baths
2
Year built
1912
Sq. Ft.
1,843
Lot Size
5,402
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
283
APN
5104-026-014

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.

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