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1366 E 57Th St, Los Angeles, CA 90011
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1366 E 57Th St Los Angeles, CA 90011

$2,499,999
  • 2 Beds
  • 2 Baths
  • 10,796 Sq.Ft.
For Sale
$2,499,999 Get Pre-Qualified
Map preview of 1366 E 57Th St, Los Angeles, CA 90011

Property Overview: 1366 E 57Th St Los Angeles, CA has 2 bedrooms, 2 bathrooms, 10,796 living square feet and 10,796 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 in South Los Angeles! Discover potential in this 1924-built, 5-unit property located at 1366 E 57th Street. Situated on a sprawling 10,796 sqft lot, with a building size of 2,356 sqft, this property offers ample space for renovation or remodeling. Currently, 2 of the 5 units are tenant-occupied on month-to-month agreements, providing immediate income potential or the flexibility for new ownership. Ideal for investors looking to capitalize on a prime location and substantial lot size, this property invites creativity and vision. Don't miss out on this chance to own a piece of Los Angeles real estate with significant value-add potential!

Listed by Luis Grimaldo | BRE #02185767 | HomeSmart Realty Group
Last checked: 15 minutes ago | Last updated: August 22nd, 2024 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
10,796
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
DW24134591
City
Los Angeles
County
Los Angeles
Time on Site
79 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 5
  • # of Leased Units: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $920
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,188
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1366 E 57Th St

Interior Features
Laundry Information
  • Common Area
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 2
  • Parcel Number: 5104027034
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: south of the I-10 west of the I-110
View more facts & features

Local Los Angeles Agent

Sale History for 1366 E 57Th St

View property's historical transactions

  • July, 2024

  • Jul 1, 2024

    Date

    Active

    CRMLS: DW24134591

    $2,499,999

    Price

Tax History for 1366 E 57Th St

Assessed Value (2020): $253,816
Year Land Value Improved Value Assessed Value
2020 $98,492 $155,324 $253,816

Home Value Compared to the Market

This property vs the competition

1366 E 57Th St is listed 108.33% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $231.57 per/sqft which puts the price per square foot 69.85% lower than the median price per square foot for the city of Los Angeles.

About 1366 E 57Th St

Detailed summary of property

1366 E 57Th St is a multi family located in Los Angeles, CA 90011 and is currently for sale. This multi family property offers 2 bedrooms, 2 bathrooms, roughly 10,796 living square feet, and sits on an approximately 10,796 square foot lot. 1366 E 57Th St was first listed on ArdentRealEstateGroup.com on July 1, 2024. The homeowner is currently asking $2,499,999. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 108.33% higher than the median priced home. Local competing homes currently for sale include 1605 E 1st St, 11316 S Vermont Ave and 2107 W Manchester Ave. While the average home in Los Angeles, CA is selling in 106 days, 1366 E 57Th St has a days on market of 25 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1366 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 1366 E 57Th St

Public county record property details
Beds
--
Baths
--
Year built
1924
Sq. Ft.
2,356
Lot Size
10,793
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3,4
APN
5104-027-034

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
$620,000
Median List Price/Sq.Ft.
$532
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
52
Median Sale to List Price %
102.61%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

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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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