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2616 W 57Th St, Los Angeles, CA 90043
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2616 W 57Th St Los Angeles, CA 90043

$989,000 Sold Price as of 02/27/2024
  • 6 Beds
  • 5 Baths
  • 2,304 Sq.Ft.
Sold
$989,000 Sold Price as of 02/27/2024 Refinance Your Mortgage
Map preview of 2616 W 57Th St, Los Angeles, CA 90043

Property Overview: 2616 W 57Th St Los Angeles, CA has 6 bedrooms, 5 bathrooms, 2,304 living square feet and 5,373 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Two homes on one corner lot and two separate addresses! ONE HOME WILL BE DELIVERED VACANT and one is already rented at current market rent! This is an excellent owner or investor opportunity! Priced to sell to a lucky buyer who wants to owner occupy the 3 bedroom home, while collecting market rents from the 2 bedroom home! As you approach the front home, you'll be captivated by its picturesque curb appeal, featuring a beautifully landscaped front yard and an inviting porch, perfect for enjoying your morning coffee or watching the world go by. The front home is a good size, remodeled and updated single level home with 2 bedrooms and 1 bath, open kitchen and is currently rented. Step inside the owners home and be greeted by an open-concept living space bathed in natural light. The spacious living room is freshly painted with rich laminate wood floors, and a cozy fireplace, setting the stage for memorable gatherings and cozy evenings. It is 2 stories and delivered vacant! This updated home comes with 3 bedrooms and 2 baths, with an open floor plan and remodeled kitchen and baths. There is a shared yard for both homes as well. Street parking is easy in this quiet residential pocket, surrounded by mature trees, in addition to the shared attached two car garage. Don't miss the chance to call this remarkable property your new home. Schedule a private showing today and discover the limitless possibilities that this property has to offer. Welcome home!

Listed by Jason Anderson | BRE #01762393 | eXp Realty of California Inc
Last checked: 2 minutes ago | Last updated: February 27th, 2024 | Source CRMLS | DOM: 180

Home details

Lot Sq. Ft
5,373
HOA Dues
$0/mo
Year built
1920
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
23297101
City
Los Angeles
County
Los Angeles
Time on Site
289 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,950
  • Total Rent: $2,950
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.41
  • Gross Scheduled Income: --
  • Net Operating Income: $81,600
  • Gross Operating Income: $77,400
  • Other Income 1: $2,950
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $600
  • Gardener: $2,400
  • Insurance: $3,712
  • Water/Sewer: $600

Property Details for 2616 W 57Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Stackable, Inside
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven
Interior Features
  • Ceiling Fan(s)
  • Levels: One, Two
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: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5006028001
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of Crenshaw and South of 54th Street
View more facts & features

Local Los Angeles Agent

Sale History for 2616 W 57Th St

Last sold for $989,000 on February 27th, 2024

  • February, 2024

  • Feb 27, 2024

    Date

    Sold

    CRMLS: 23297101

    $989,000

    Price

  • Aug 2, 2023

    Date

    Active

    CRMLS: 23297101

    $1,095,000

    Price

  • December, 2023

  • Dec 22, 2023

    Date

    Expired

    CRMLS: 23314045

    $989,000

    Price

  • Sep 21, 2023

    Date

    Active

    CRMLS: 23314045

    $1,095,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCED!!!!! Here is your opportunity to own a 3 bedroom 2 bath single-family home with an additional detached 2 bedroom 1 bath guest house each with a separate address. Perfect for rental income potential, extended & multigenerational families, or a home office, gym, or studio space. The main house is a two story remodeled home with 3 bedrooms and 2 bathrooms (one on each floor) and features a spacious living area with decorative fireplace and plenty of natural light open to the dining room and well appointed kitchen with sleek countertops, tons of cabinet space, and appliances including washer & dryer. On the second level are 3 bedrooms (one with balcony) and a full bathroom with a linen closet in the hallway for additional storage. The attached 2 car garage can easily be converted into additional living space or even an ADU for added income potential. There is plenty of street parking on this quiet and neighbor-friendly street. The remodeled single-story guest house has 2 bedrooms and 1 full bathroom with the same amenities as the main house (full kitchen with appliances & washer/dryer). Upgrades to roofing in 2022 and plumbing in 2023. Beautifully landscaped corner lot with fenced in area for added privacy and security for your family and pets to enjoy. Property is also available for lease.

  • April, 2020

  • Apr 22, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2020

  • Apr 22, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2616 W 57Th St

Assessed Value (2020): $557,134
Year Land Value Improved Value Assessed Value
2020 $413,871 $143,263 $557,134

Home Value Compared to the Market

This property vs the competition

2616 W 57Th St sold on February 27, 2024 for 16.89% 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 $429.25 per/sqft which puts the price per square foot 43.15% lower than the current median sale per square foot for the city of Los Angeles.

About 2616 W 57Th St

Detailed summary of property

2616 W 57Th St is a multi family that recently sold in Los Angeles, CA 90043. This multi family property offered 6 bedrooms, 5 bathrooms, roughly 2,304 living square feet, and sits on an approximately 5,373 square foot lot. 2616 W 57Th St was first listed on ArdentRealEstateGroup.com on August 3, 2023. The homeowner sold the property for $989,000. 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 16.89% lower than the current median priced home. Local homes that are currently for sale include 3318 W 66th Pl, 3616 W 61st St and 1632 W 52nd St. While the average home in Los Angeles, CA is selling in 92 days, 2616 W 57Th St has a days on market of 180 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 2616 W 57Th St Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2616 W 57Th St

Public county record property details
Beds
5
Baths
3
Year built
1920
Sq. Ft.
2,304
Lot Size
5,379
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
242
APN
5006-028-001

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$949,000
Median List Price/Sq.Ft.
$598
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
80
Median Sale to List Price %
96.93%
Avg Days on Market
46
Loan Type
Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

Thinking of Selling?

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Homes for Sale Near 2616 W 57Th St

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Recently Sold Homes Near 2616 W 57Th St

5472 6Th Ave, Los Angeles, CA 90043
$600,000 Last Sold Price
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5472 6Th Ave
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$430,000 Last Sold Price
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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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