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1665 W 57th St, Los Angeles, CA 90062
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1665 W 57th St Los Angeles, CA 90062

$650,000 Sold Price as of 12/06/2019
  • 4 Beds
  • 4 Baths
  • 3,456 Sq.Ft.
Sold
$650,000 Sold Price as of 12/06/2019 Refinance Your Mortgage
Map preview of 1665 W 57th St, Los Angeles, CA 90062

Property Overview: 1665 W 57th St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 3,456 living square feet and 4,880 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Area undergoing a major revitalization filled with new exciting developments and new Metro projects including the Crenshaw/LAX line (scheduled to open summer 2020) plus the new Metro Slauson Blvd bike & pedestrian path literally two blocks from the subject property connecting to Crenshaw's (LAX), Silver, Blue Lines and eventually link up to the LA River. Great Opportunity to own a Bread and Butter Income Property for the price of a Single Family home! Original 1920's vintage charm. Separately metered for gas and electric. Tenants pay for all utilities except water. Large 1 bedroom / 1 bath units. Each unit has their own washer and dryer hook ups. This property is gated for privacy and is turnkey - priced to sell! Conveniently located close to schools, USC, Banc of California Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Well maintained property with low maintenance and long-term tenants that always pay their rent on time. Need to complete a 1031 exchange? Look no further. Start collecting income right away! Great for seasoned investor or first time buyer. Great upside rental potential in this highly metropolitan location! Please do not disturb tenants. Property will be delivered occupied with existing tenants. PLEASE DO NOT WALK ON PROPERTY OR DISTURB TENANTS! Listing info deemed reliable but not guaranteed. No warranties expressed or implied.

Listed by Bryan Castillo | BRE #01912834 | Castillo Realty Group, Inc.
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 90

Home details

Lot Sq. Ft
4,880
HOA Dues
$0/mo
Year built
1929
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
IN19196165
City
Los Angeles
County
Los Angeles
Time on Site
1222 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,442
  • Total Rent: $1,442
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $960
  • Total Rent: $960
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $824
  • Total Rent: $824
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.73%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $50,712
  • Net Operating Income: $40,072
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,640
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $6,250
  • Trash: $0
  • Insurance: $1,390
  • Water/Sewer: $3,000

Property Details for 1665 W 57th St

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Shingle, Tile
  • Has Fence
  • Wrought Iron
  • Other Structures: Storage
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5003027004
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Western Ave and 57th St
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1665 W 57th St

Last sold for $650,000 on December 6th, 2019

  • December, 2019

  • Dec 6, 2019

    Date

    Sold

    CRMLS: IN19196165

    $650,000

    Price

  • Nov 30, 2019

    Date

    Pending

    CRMLS: IN19196165

    $699,000

    Price

  • Oct 31, 2019

    Date

    Active

    CRMLS: IN19196165

    $699,000

    Price

  • Oct 1, 2019

    Date

    Active Under Contract

    CRMLS: IN19196165

    $699,000

    Price

  • Sep 20, 2019

    Date

    Price Change

    CRMLS: IN19196165

    $699,000

    Price

  • Aug 16, 2019

    Date

    Active

    CRMLS: IN19196165

    $725,000

    Price

  • December, 2019

  • Dec 6, 2019

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

  • December, 2018

  • Dec 21, 2018

    Date

    Canceled

    CRMLS: IN18236556

    $649,000

    Price

  • Oct 20, 2018

    Date

    Price Change

    CRMLS: IN18236556

    $649,000

    Price

  • Sep 29, 2018

    Date

    Price Change

    CRMLS: IN18236556

    $699,000

    Price

  • Sep 28, 2018

    Date

    Active

    CRMLS: IN18236556

    $715,000

    Price

  • Listing provided courtesy of CRMLS

    Great Opportunity to own a Bread and Butter Income Property for the price of a Single Family home! Property priced below comps! Separately metered for gas and electric. Tenants pay for all utilities except water. Large 1 bedroom / 1 bath units. Each unit has their own washer and dryer hook ups. This property is gated for privacy and is turnkey - priced to sell! Conveniently located close to schools, USC, Banc of California Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Well maintained property with low maintenance and long-term tenants that always pay their rent on time. Start collecting income right away! Great for seasoned investor or first time buyer. Great upside rental potential in this highly metropolitan location! Please do not disturb tenants. Property will be delivered occupied with existing tenants. Listing info deemed reliable but not guaranteed. No warranties expressed or implied.

  • September, 2018

  • Sep 21, 2018

    Date

    Expired

    CRMLS: IN18147252

    $719,000

    Price

  • Aug 10, 2018

    Date

    Withdrawn

    CRMLS: IN18147252

    $719,000

    Price

  • Jun 20, 2018

    Date

    Active

    CRMLS: IN18147252

    $719,000

    Price

  • Listing provided courtesy of CRMLS

    Great Opportunity to own a Bread and Butter Income Property! Separately metered for gas and electric. Tenants pay for all utilities except water. Large 1 bedroom / 1 bath units. Each unit has their own washer and dryer hook ups. Gated. The property is turnkey and priced to sell! Conveniently located close to schools, USC, Banc of California Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Well maintained property with low maintenance and long-term tenants that always pay their rent on time. Start collecting income right away! Great for seasoned investor or first time buyer. Great upside rental potential in this highly metropolitan location! Only offers subject to interior inspection. Please do not disturb tenants. Property will be delivered occupied with existing tenants. Listing info deemed reliable but not guaranteed. No warranties expressed or implied. Buyer to verify and satisfy on all aspects. Sold AS-IS.

  • September, 2018

  • Sep 1, 2018

    Date

    Expired

    CRMLS: IN18047094

    $729,900

    Price

  • May 6, 2018

    Date

    Withdrawn

    CRMLS: IN18047094

    $729,900

    Price

  • Mar 19, 2018

    Date

    Price Change

    CRMLS: IN18047094

    $729,900

    Price

  • Mar 1, 2018

    Date

    Active

    CRMLS: IN18047094

    $749,900

    Price

  • Listing provided courtesy of CRMLS

    Great Opportunity to own a Bread and Butter Income Property! Tenants pay for all utilities except water. Separately metered for gas and electric. Large 1 bedroom / 1 bath units. Each unit has their own washer and dryer hook ups. Gated. The property is turnkey and priced to sell! Conveniently located close to schools, USC, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Well maintained property with low maintenance and long-term tenants that always pay their rent on time. Start collecting income right away! Great for seasoned investor or first time buyer. Great upsize rental potential in this highly metropolitan location! Only offers subject to interior inspection. Please do not disturb tenants. Listing info deemed reliable but not guaranteed. No warranties expressed or implied. Buyer to verify and satisfy on all aspects. Sold AS-IS.

  • August, 2015

  • Aug 27, 2015

    Date

    Sold (Public Records)

    Public Records

    $495,000

    Price

Show More

Tax History for 1665 W 57th St

Assessed Value (2020): $650,000
Year Land Value Improved Value Assessed Value
2020 $450,000 $200,000 $650,000

Home Value Compared to the Market

This property vs the competition

1665 W 57th St sold on December 6, 2019 for 41.26% 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 $202.26 per/sqft which puts the price per square foot 73.21% lower than the current median sale per square foot for the city of Los Angeles.

About 1665 W 57th St

Detailed summary of property

1665 W 57th St is a fourplex that recently sold in Los Angeles, CA 90062. This fourplex offered 4 bedrooms, 4 bathrooms, roughly 3,456 living square feet, and sits on an approximately 4,880 square foot lot. 1665 W 57th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $650,000. 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 41.26% lower than the current median priced home. Local homes that are currently for sale include 1253 W 65th St, 1496 W Vernon Ave and 2150 W 62nd St. While the average home in Los Angeles, CA is selling in 92 days, 1665 W 57th St has a days on market of 90 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 1665 W 57th St Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1665 W 57th St

Public county record property details
Beds
4
Baths
4
Year built
1929
Sq. Ft.
3,456
Lot Size
4,880
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5003-027-004

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$859,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
30
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), 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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