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214 W 57th St, Los Angeles, CA 90037
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214 W 57th St Los Angeles, CA 90037

$850,000 Sold Price as of 04/11/2022
  • 4 Beds
  • 1 Baths
  • 2,016 Sq.Ft.
Sold
$850,000 Sold Price as of 04/11/2022 Refinance Your Mortgage
Map preview of 214 W 57th St, Los Angeles, CA 90037

Property Overview: 214 W 57th St Los Angeles, CA has 4 bedrooms, 1 bathrooms, 2,016 living square feet and 6,098 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Come and Get It, Great for an investor or owner occupy

Listed by JAVIER FERIA | BRE #01220548 | RE/MAX FOOTHILLS
Last checked: 8 minutes ago | Last updated: April 13th, 2022 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
6,098
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV22027271
City
Los Angeles
County
Los Angeles
Time on Site
950 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $875
  • Total Rent: $875
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $875
  • Total Rent: $875
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $875
  • Total Rent: $875
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $49,500
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,800
  • Electric: $10,000
  • Gas/Fuel: $0
  • Trash: $1,500
  • Insurance: $4,500
  • Water/Sewer: $1,500

Property Details for 214 W 57th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, See Remarks, Vinyl
  • All Bedrooms Down
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Unfurnished
  • Security Features: Window Bars
Exterior Features
Exterior Information
  • Has Fence
  • Chain Link
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5101025007
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Foundation Details: Raised
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: See Remarks
Location / Neighborhood
Location Information
  • Directions: east of 110 freeway
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 214 W 57th St

Last sold for $850,000 on April 11th, 2022

  • February, 2022

  • Feb 11, 2022

    Date

    Active

    CRMLS: CV22027271

    $799,888

    Price

  • September, 2021

  • Sep 14, 2021

    Date

    Sold

    CRMLS: SB21143617

    $640,000

    Price

  • Aug 20, 2021

    Date

    Pending

    CRMLS: SB21143617

    $650,000

    Price

  • Jul 28, 2021

    Date

    Price Change

    CRMLS: SB21143617

    $650,000

    Price

  • Jul 1, 2021

    Date

    Active

    CRMLS: SB21143617

    $690,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the heart of South Los Angeles. The property was built in 1927. Consists of four (4) single story units. Each unit has their own assigned parking space in the rear of the property. All of the units consist of one (1) bedroom and one (1) bathroom. The condition of the units are in decent shape. Each unit has electricity and gas utilities that are independently metered. This property has some upside potential to build additional units in the back to increase cashflow. This is a good investment opportunity for any investor looking for a well maintained and easy to manage 4-unit building.

  • February, 2019

  • Feb 17, 2019

    Date

    Sold

    CRMLS: DW18287148

    $490,000

    Price

  • Dec 14, 2018

    Date

    Pending

    CRMLS: DW18287148

    $490,000

    Price

  • Dec 13, 2018

    Date

    Active

    CRMLS: DW18287148

    $490,000

    Price

  • Dec 13, 2018

    Date

    Hold

    CRMLS: DW18287148

    $490,000

    Price

  • Dec 7, 2018

    Date

    Active

    CRMLS: DW18287148

    $490,000

    Price

  • Listing provided courtesy of CRMLS

    Must sell!!!!! These 4 income producing units are 4 minutes away from Downtown L.A. Close to freeways and to USC. These have been long-term tenants with-out the hasells. They would love to remain. This interesting property will not last long.. Hurry up and take advantage of this investment for a brighter future....

  • February, 2019

  • Feb 13, 2019

    Date

    Sold (Public Records)

    Public Records

    $490,000

    Price

Show More

Tax History for 214 W 57th St

Assessed Value (2020): $499,800
Year Land Value Improved Value Assessed Value
2020 $357,000 $142,800 $499,800

Home Value Compared to the Market

This property vs the competition

214 W 57th St sold on April 11, 2022 for 28.58% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $396.77 per/sqft which puts the price per square foot 45.2% lower than the current median sale per square foot for the city of Los Angeles.

About 214 W 57th St

Detailed summary of property

214 W 57th St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 4 bedrooms, 1 bathrooms, roughly 2,016 living square feet, and sits on an approximately 6,098 square foot lot. 214 W 57th St was first listed on ArdentRealEstateGroup.com on February 11, 2022. The homeowner sold the property for $850,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 28.58% lower than the current median priced home. Local homes that are currently for sale include 227 W 47th St, 244 W 66th St and 107 E 67th St. While the average home in Los Angeles, CA is selling in 106 days, 214 W 57th St has a days on market of 29 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 214 W 57th St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 214 W 57th St

Public county record property details
Beds
4
Baths
4
Year built
1927
Sq. Ft.
2,016
Lot Size
6,097
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
38
APN
5101-025-007

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$688,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$626,228
Median Sold Price/Sq.Ft.
$437
Total Inventory
36
Median Sale to List Price %
125.5%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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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