1731 W 57Th St, Los Angeles, CA 90062
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1731 W 57Th St Los Angeles, CA 90062

$880,000 Sold Price as of 05/25/2023
  • 10 Beds
  • 10 Baths
  • 3,530 Sq.Ft.
Sold
$880,000 Sold Price as of 05/25/2023 Refinance Your Mortgage

Map preview of 1731 W 57Th St, Los Angeles, CA 90062

Property Overview: 1731 W 57Th St Los Angeles, CA has 10 bedrooms, 10 bathrooms, 3,530 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: This quadruplex is a must-see! Each spacious unit features one bedroom ,one bathroom with a tub and shower, a breakfast nook, dining room and a laundry room area. There is an expansive backyard for each resident to enjoy and four one-car detached garages. It's centrally located near USC, USC Village and the Sofi Stadium. ***Currently 2 units are occupied yet 3 units will be delivered vacant upon the close of escrow. *** Don't miss this opportunity. It's almost impossible to find 3 units vacant @ COE. Please do not disturb tenants and beware of dogs on premises.

Listed by Jeanine Batch | BRE #01458013 | Robert Pitts Estates
Last checked: 4 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
4,880
HOA Dues
$0/mo
Year built
1929
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
23250951
City
Los Angeles
County
Los Angeles
Time on Site
418 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.7
  • Gross Scheduled Income: --
  • Net Operating Income: $70,800
  • Gross Operating Income: $76,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1731 W 57Th St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Carpet, Laminate
Kitchen Information
  • Has Appliances
  • Microwave
Interior Features
  • Crown Molding
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Property Information
  • Total # of Units: 4
  • Parcel Number: 5003028006
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: From Inglewood Head East on Florence Avenue. Turn Left on Western Avenue. Turn Right on 57th Street.
View more facts & features

Local Los Angeles Agent

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Sale History for 1731 W 57Th St

Last sold for $880,000 on May 25th, 2023
  • May, 2023

  • May 25, 2023

    Date

    Sold

    CRMLS: 23250951

    $880,000

    Price

  • Mar 15, 2023

    Date

    Active

    CRMLS: 23250951

    $899,000

    Price

Tax History for 1731 W 57Th St

Assessed Value (2020): $52,174
Year Land Value Improved Value Assessed Value
2020 $22,386 $29,788 $52,174

Home Value Compared to the Market

This property vs the competition

1731 W 57Th St sold on May 25, 2023 for 24.45% 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 $254.67 per/sqft which puts the price per square foot 66.27% lower than the current median sale per square foot for the city of Los Angeles.

About 1731 W 57Th St

Detailed summary of property

1731 W 57Th St is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 10 bedrooms, 10 bathrooms, roughly 3,530 living square feet, and sits on an approximately 4,880 square foot lot. 1731 W 57Th St was first listed on ArdentRealEstateGroup.com on March 15, 2023. The homeowner sold the property for $880,000. 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 24.45% lower than the current median priced home. Local homes that are currently for sale include 1728 W 64th St, 5170 S Van Ness Ave and 5175 S Van Ness Ave. While the average home in Los Angeles, CA is selling in 94 days, 1731 W 57Th St has a days on market of 20 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1731 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 1731 W 57Th St

Public county record property details
Beds
4
Baths
4
Year built
1929
Sq. Ft.
3,530
Lot Size
4,880
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5003-028-006

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
$849,900
Median List Price/Sq.Ft.
$576
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.