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

$890,000 Sold Price as of 08/25/2023
  • 5 Beds
  • 5 Baths
  • 2,443 Sq.Ft.
Sold
$890,000 Sold Price as of 08/25/2023 Refinance Your Mortgage
Map preview of 713 W 57Th St, Los Angeles, CA 90037

Property Overview: 713 W 57Th St Los Angeles, CA has 5 bedrooms, 5 bathrooms, 2,443 living square feet and 5,398 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: WELCOME to this unique Four UNIT with ADU conversion Property in the extremely desirable City of Los Angeles! TWO out of FIVE units are Renovated and READY! All units have NEW Electrical and Meter Upgrades. The Units are completely gated for privacy and consist of one bedroom/one bathroom each with spacious living room area. Conveniently located near major freeways, this property offers access to the all wonderful amenities and attractions the city has to offer. APPRAISED AT ASKING PRICE!!!!!

Listed by Jocelyn Vega | BRE #02162937 | Keller Williams SELA
Last checked: 9 minutes ago | Last updated: April 28th, 2024 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
5,398
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
DW23078517
City
Los Angeles
County
Los Angeles
Time on Site
480 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 3
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # 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: $1,120
  • Total Rent: $1,120
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,040
  • Total Rent: $1,040
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $84,720
  • Net Operating Income: $84,120
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $600
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $1,800

Property Details for 713 W 57Th St

Interior Features
Heating Information
  • Has Heating
  • Forced Air, Natural Gas
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Kitchen, Living Room, Gas
Room Information
  • Flooring: Laminate
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • Good Condition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Parking Features: Driveway, Street
Lot Information
  • Lot Features: 2-5 Units/Acre, Level
  • Lot Size Source: Appraiser
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 5001019031
  • Year Built Source: Appraiser
  • Entry Level: 1
  • Property is Attached
  • Offered With Property: Stove in ADU
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Vermont and Figueroa
Neighborhood Information
  • Community Features: Sidewalks, Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 713 W 57Th St

Last leased for $1,900 on April 26th, 2024

  • April, 2024

  • Apr 26, 2024

    Date

    Leased

    CRMLS: 24353623

    $1,900

    Price

  • Jan 30, 2024

    Date

    Active

    CRMLS: 24353623

    $1,975

    Price

  • Listing provided courtesy of CRMLS

    **First Month Rent Free** for 13 month lease. Free Brand new 1 bedroom/1 bathroom detached ADU for lease. It's like a little home. Located in the back of the property. Gated entry. Lots of light and high ceilings. Has a patio area in front of the entrance to the unit. Washer & Dryer hookup. It's 5 miles to USC campus. Appr. 4 miles to Crypto.com Arena.

  • August, 2023

  • Aug 25, 2023

    Date

    Sold

    CRMLS: DW23078517

    $890,000

    Price

  • May 8, 2023

    Date

    Active

    CRMLS: DW23078517

    $949,999

    Price

  • April, 2023

  • Apr 2, 2023

    Date

    Expired

    CRMLS: 22199981

    $899,900

    Price

  • Sep 14, 2022

    Date

    Active

    CRMLS: 22199981

    $949,900

    Price

  • Listing provided courtesy of CRMLS

    Great Investment opportunity to own a Fourplex (4Plex) + a NEWLY BUILT ADU. All units have good standing tenants. 1 Unit + ADU will be delivered vacant.

  • June, 2022

  • Jun 22, 2022

    Date

    Expired

    CRMLS: 22138589

    $855,000

    Price

  • Mar 21, 2022

    Date

    Active

    CRMLS: 22138589

    $855,000

    Price

  • Listing provided courtesy of CRMLS

    Perfect opportunity for savvy investor! 4 income producing units, plus an additional 450 sqft RTI ADU garage conversion. Drive by only!

  • July, 2018

  • Jul 26, 2018

    Date

    Expired

    CRMLS: 18338528

    $895,000

    Price

  • Apr 30, 2018

    Date

    Active

    CRMLS: 18338528

    $895,000

    Price

  • Listing provided courtesy of CRMLS

    Perfect opportunity for any first time buyer or savvy investor. Property is located less than 2 miles away from new soccer stadium and the Los Angeles Memorial Coliseum. 3 units are currently occupied and 1 unit will be delivered vacant in addition there is an extra separate un-permitted unit. Buyer to conduct all necessary due diligence before purchasing property. Don't miss out!

  • May, 2016

  • May 19, 2016

    Date

    Sold (Public Records)

    Public Records

    $520,000

    Price

  • February, 1994

  • Feb 25, 1994

    Date

    Sold (Public Records)

    Public Records

    $60,000

    Price

Show More

Tax History for 713 W 57Th St

Assessed Value (2020): $562,862
Year Land Value Improved Value Assessed Value
2020 $394,004 $168,858 $562,862

Home Value Compared to the Market

This property vs the competition

713 W 57Th St sold on August 25, 2023 for 20.54% 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 $364.31 per/sqft which puts the price per square foot 49.68% lower than the current median sale per square foot for the city of Los Angeles.

About 713 W 57Th St

Detailed summary of property

713 W 57Th St is a fourplex that recently sold in Los Angeles, CA 90037. This fourplex offered 5 bedrooms, 5 bathrooms, roughly 2,443 living square feet, and sits on an approximately 5,398 square foot lot. 713 W 57Th St was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $890,000. 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 20.54% lower than the current median priced home. Local homes that are currently for sale include 154 W 59th Pl, 151 W 52nd St and 943 W 65th St. While the average home in Los Angeles, CA is selling in 106 days, 713 W 57Th St has a days on market of 57 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 713 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 713 W 57Th St

Public county record property details
Beds
4
Baths
4
Year built
1923
Sq. Ft.
1,936
Lot Size
5,401
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5001-019-031

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
35
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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Is this your property?
Thinking of Selling?
Call, Text or Message
(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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