NOT LISTED FOR SALE

1157 W 56th St Los Angeles, CA 90037

Vermont-Slauson Neighborhood

Estimated Value: $761,000 - $831,000

4 Beds
3 Baths
2,497 Sq Ft
$317/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2022

Last sale price $750,000 $300 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,078 / mo

50 Days on Market

About This Home

As of May 2022

*** Corner Property on one of the most beautiful streets South of USC*** This Triplex is located South of USC one block West of Vermont Ave. The corner unit is a 3 bedroom/1 bath detached house Occupied with a Section 8 tenant for many years. The other 2 units are located on Budlong Ave adjacent to a double car garage and side alley. One of the one bedroom units will be delivered vacant. The units have separate entrances, separate Gas and Electricity meters and separate Water Heaters. Very easy to manage. The garage might be a good candidate for adding ADU (s). Buyer to check. Please send your reasonable offer subject to interior inspection.

Last Agent to Sell the Property

Shawn Raoufpour

Gold Realty License #01425538 Listed on: 02/09/2022

Last Buyer's Agent

Shawn Raoufpour

Gold Realty License #01425538 Listed on: 02/09/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,364 Sq Ft Lot

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Interior Spaces

  • 2,497 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5002-021-031

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

6,364 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 2497
  • Lot Acreage: 0.1461
  • Probate: No
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 299.96

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 2
  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 28.93
  • Assessed Improvement Value: 123099
  • Assessed Land Percent: 71.07
  • Assessed Land Value: 302444
  • Total Assessed Value: 425543
  • Assessor Parcel Number: 5002-021-031
  • Lot Size Area: 6364

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 1.00
  • Number Of Units: 3
  • Type Of Units: Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2025
Sold by
Bought by
Current Estimated Value
$791,247

Purchase Details

Listed on
Feb 9, 2022
Closed on
Apr 20, 2022
Sold by
Bought by
Seller's Agent
Shawn Raoufpour
Gold Realty
Buyer's Agent
Shawn Raoufpour
Gold Realty
List Price
$749,000
Sold Price
$750,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.30%

Purchase Details

Listed on
May 15, 2016
Closed on
Sep 21, 2016
Sold by
Bought by
Seller's Agent
Janice Neiman
Neiman Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$380,000
Sold Price
$401,000
Premium/Discount to List
$21,000
5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.90%
Original Mortgage
$280,700
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 15, 2016
Closed on
Sep 8, 2016
Sold by
Bought by
Seller's Agent
Janice Neiman
Neiman Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$380,000
Sold Price
$401,000
Premium/Discount to List
$21,000
5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,700
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Interest Rate
6.31%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 5, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Interest Rate
6.31%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 9, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
8.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- Pacific Coast Title
-- Chicago Title
$401,000 Chicago Title Co
-- Gateway Title Company
-- Gateway Title Company
-- Investors Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $280,700
Previous Owner $331,500
Previous Owner $129,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2022 05/12/22 Sold $750,000 +0.1% $300 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $749,000 +86.8% $300 / Sq Ft
10/18/2016 10/18/16 Sold $401,000 +5.5% $161 / Sq Ft View Prior Sale
08/23/2016 08/23/16 Pending -- -- --
05/15/2016 05/15/16 For Sale $380,000 -- $152 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,944 $795,905 $636,724 $159,181
2024 $9,836 $780,300 $624,240 $156,060
2023 $9,653 $765,000 $612,000 $153,000
2022 $5,587 $438,549 $311,688 $126,861
2021 $5,507 $429,951 $305,577 $124,374
2020 $5,558 $425,543 $302,444 $123,099
2019 $5,350 $417,200 $296,514 $120,686
2018 $5,240 $409,020 $290,700 $118,320
2016 $858 $45,930 $23,175 $22,755
2015 $850 $45,241 $22,827 $22,414
2014 $877 $44,355 $22,380 $21,975
Source: Public Records

Agents Affiliated with this Home

  • Shawn Raoufpour

    Seller's Agent in 2022

    Shawn Raoufpour

    Gold Realty

    (310) 346-4343

    2 in this area

    31 Total Sales

    Shawn Raoufpour
    Section Image
  • Janice Neiman

    Seller's Agent in 2016

    Janice Neiman

    Neiman Realty

    (818) 516-3779

    27 Total Sales

    Janice Neiman
    Section Image

  • G

    Buyer's Agent in 2016

    General NONMEMBER

    NONMEMBER MRML

See All Agents

Map

Source: The MLS

MLS Number: 22-126474

The MLS

APN: 5002-021-031

California Los Angeles County Los Angeles 90037 Vermont-Slauson

1157 W 56th St, Los Angeles, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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