217 W 57Th St, Los Angeles, CA 90037
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217 W 57Th St Los Angeles, CA 90037

$970,000
  • 9 Beds
  • 3 Baths
  • 2,260 Sq.Ft.
For Sale
$970,000 Get Pre-Qualified

Map preview of 217 W 57Th St, Los Angeles, CA 90037

Property Overview: 217 W 57Th St Los Angeles, CA has 9 bedrooms, 3 bathrooms, 2,260 living square feet and 6,091 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: Great opportunity to acquire this duplex with plenty of upsides. This property has 2 units, excellent for an investor or someone looking for a property with income potential. The front unit has 3 bedrooms / 2 bathrooms, and the back detached unit has 2 bedrooms / 1 bathroom, which will be delivered vacant. Conveniently located near the 110 freeway, downtown LA, USC, Science Center, Exposition Park, shops, and much more. Don't miss the chance to make this beautifully renovated Craftsman home your own and explore the endless possibilities.

Listed by Luis Venegas | BRE #01419465 | Luis A. Venegas
Last checked: 6 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 51
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Home details

Lot Sq. Ft
6,091
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24368095
City
Los Angeles
County
Los Angeles
Time on Site
50 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $25,800
  • Gross Operating Income: $25,800
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 217 W 57Th St

Interior Features
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Carport
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 2
  • Parcel Number: 5101028006
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Maps
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Sale History for 217 W 57Th St

Last sold for $189,500 on September 28th, 2001
  • March, 2024

  • Mar 12, 2024

    Date

    Active

    CRMLS: 24368095

    $1,050,000

    Price

  • September, 2001

  • Sep 28, 2001

    Date

    Sold (Public Records)

    Public Records

    $189,500

    Price

  • November, 1999

  • Nov 12, 1999

    Date

    Sold (Public Records)

    Public Records

    $110,000

    Price

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Tax History for 217 W 57Th St

Assessed Value (2020): $269,944
Year Land Value Improved Value Assessed Value
2020 $104,694 $165,250 $269,944

Home Value Compared to the Market

This property vs the competition

217 W 57Th St is listed 20.82% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $429.2 per/sqft which puts the price per square foot 44.55% lower than the median price per square foot for the city of Los Angeles.

About 217 W 57Th St

Detailed summary of property

217 W 57Th St is a multi family located in Los Angeles, CA 90037 and is currently for sale. This multi family property offers 9 bedrooms, 3 bathrooms, roughly 2,260 living square feet, and sits on an approximately 6,091 square foot lot. 217 W 57Th St was first listed on ArdentRealEstateGroup.com on March 13, 2024. The homeowner is currently asking $970,000 and was originally asking $1,050,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 20.82% lower than the median priced home. Local competing homes currently for sale include 916 53Rd St, 625 E 49th St and 837 W Gage Ave. While the average home in Los Angeles, CA is selling in 96 days, 217 W 57Th St has a days on market of 51 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 217 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 217 W 57Th St

Public county record property details
Beds
6
Baths
4
Year built
1922
Sq. Ft.
2,260
Lot Size
6,090
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5101-028-006

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
$725,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
33
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), 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.