NOT LISTED FOR SALE

1167 E 57th St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $804,000 - $937,263

7 Beds
4 Baths
2,350 Sq Ft
$376/Sq Ft Est. Value

Sale Details

Date Sold: April 6, 2020

Last sale price $565,000 $240 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,347 / mo

25 Days on Market

About This Home

As of April 2020

PERFECT 2 UNITS for HANDYMAN, INVESTOR or FIRST TIME HOME BUYER!! UNITS WILL BE DELIVERED VACANT! Units in need of TLC but have been price accordingly to reflect property condition. Front unit is 2 story CRAFSTMAN HOME with front and back service enclosed porches and it shows 3 Bedroom and 2 Bathrooms on the 2nd floor plus 2 bedrooms and 1 bath in the 1st floor (1632 sqft). Back Unit shows 2 Bedrooms and 1 Bathroom (718 sqft). 2 parking spaces in back of property. There is a small backyard in between the units. EXCELLENT OPPORTUNITY to live in one and the rent the other or rent both at CURRENT market rent amounts ($5000/month-both units). Come in and instantly make money $$$ in equity and have positive cash flow $$$ every month. RUN!! THIS ONE WILL NOT LAST!!! Property to be sold in its AS IS condition. Seller is motivated and open to all reasonable offers.

Last Agent to Sell the Property

Jorge Rico

Rico and Rico Realty and Assoc License #01842469 Listed on: 01/09/2020

Last Buyer's Agent

Morris Ghanei

JohnHart Corp. License #01236362

JohnHart Corp.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,396 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Private Yard
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 2,350 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 251
  • Tax Tract Number 2
  • Assessor Parcel Number 5104024016

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

5,396 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5104024016
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 240.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Yard
  • Lot Size Sq Ft: 5396.00
  • Lot Size Acres: 0.1239

Multi Family

  • Average2 Bed Area: 718 Square Feet
  • Average3 Bed Area: 1632 Square Feet
  • Lot Size Area: 5396.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2291.00
  • Tax Lot: 251
  • Tax Tract Number: 2

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

Listed on
Jan 9, 2020
Closed on
Feb 21, 2020
Sold by
Bought by
Seller's Agent
Jorge Rico
Rico and Rico Realty and Assoc
Buyer's Agent
Morris Ghanei
JohnHart Corp.
List Price
$549,999
Sold Price
$565,000
Premium/Discount to List
$15,001
2.73%
Current Estimated Value
$884,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,316
Avg. Annual Appreciation
7.41%
Original Mortgage
$423,750
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2020
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
$423,750
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 16, 2007
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
$397,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2003
Sold by
Bought by

Purchase Details

Closed on
Jul 16, 2003
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
$182,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 1998
Sold by
Bought by

Purchase Details

Closed on
Aug 13, 1998
Sold by
Bought by
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
-- Provident Title
$565,000 Provident Title Company
-- None Available
-- None Available
-- Orange Coast Title
-- --
-- Orange Coast Title
-- --
-- --
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 $423,750
Previous Owner $397,000
Previous Owner $182,000
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
04/06/2020 04/06/20 Sold $565,000 +2.7% $240 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $549,999 -2.7% $234 / Sq Ft
01/22/2020 01/22/20 Off Market $565,000 -- --
01/21/2020 01/21/20 Off Market $565,000 -- --
01/09/2020 01/09/20 For Sale $549,999 -- $234 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,841 $617,905 $437,456 $180,449
2024 $7,699 $605,790 $428,879 $176,911
2023 $7,554 $593,913 $420,470 $173,443
2022 $7,210 $582,269 $412,226 $170,043
2021 $7,072 $570,853 $404,144 $166,709
2020 $3,366 $250,556 $108,541 $142,015
2019 $3,243 $245,644 $106,413 $139,231
2018 $3,159 $240,828 $104,327 $136,501
2016 $2,999 $231,478 $100,277 $131,201
2015 $2,958 $228,002 $98,771 $129,231
2014 $2,980 $223,537 $96,837 $126,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jorge Rico

    Rico and Rico Realty and Assoc

    (562) 904-0485

    48 Total Sales

    Jorge Rico
    Section Image

  • M

    Buyer's Agent in 2020

    Morris Ghanei

    JohnHart Corp.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20007145

California Regional Multiple Listing Service (CRMLS)

APN: 5104-024-016

California Los Angeles County Los Angeles 90011 Central Alameda

1167 E 57th St, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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