D
Seller's Agent in 2024
Deedee Mitchell
Pinnacle Estate Properties, Inc.
(661) 313-8688
2 in this area
2 Total Sales
1300 57th St Los Angeles, CA 90037
Vermont-Slauson Neighborhood
6
Beds
5
Baths
3,585
Sq Ft
9,901
Sq Ft Lot
Highlights
- Gated Parking
- Laundry Room
- Floor Furnace
- 0.23 Acre Lot
- Tile Flooring
- Chain Link Fence
About This Home
As of August 2024This is an exciting investment opportunity in South Los Angeles! Don't miss this remarkable 5-unit income property with immense potential for
savvy investors. This property boasts a mix of four 1-bedroom,1-bathroom units and one 2-bedroom. 1-bathroom unit, perfectly designed for rental
income. Each unit is equipped with its own washer and dryer hookup, providing convenience, and added value for the tenants. There is ample parking
with one single car garage, and two 2-car garages ensuring sufficient parking for all residents. While the property may require some renovations and upgrades this presents a fantastic chance for investors to add value and maximize returns. Priced competitively and poised for transformation, this
property represents an exceptional opportunity in the thriving South Los Angeles real estate market. Here's your chance to turn this diamond
in the rough into a lucrative investment.
Last Agent to Sell the Property
Pinnacle Estate Properties, Inc. License #01377797 Listed on: 02/22/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1938
Lot Details
- 9,901 Sq Ft Lot
- 1 Common Wall
- Chain Link Fence
- Sprinkler System
- Front Yard
Parking
- 5 Car Garage
- Parking Available
- Two Garage Doors
- Gated Parking
Home Design
- Property Attached
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Fixer Upper
Interior Spaces
- 3,585 Sq Ft Home
- 1-Story Property
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Floor Furnace
- Wall Furnace
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 66
- Tax Tract Number 2
- Assessor Parcel Number 5002013017
Community Details
Overview
- 5 Units
Building Details
- 5 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- Gardener Expense $1,200
- Insurance Expense $9,684
- Professional Management Expense $4,800
- Water Sewer Expense $4,752
- Operating Expense $20,436
- Gross Income $71,256
- Net Operating Income $50,820
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/02/2024 08/02/24 | Sold | $780,000 | -13.3% | $218 / Sq Ft |
| 06/24/2024 06/24/24 | Price Changed | $900,000 | 0.0% | $251 / Sq Ft |
| 06/24/2024 06/24/24 | For Sale | $900,000 | +15.4% | $251 / Sq Ft |
| 05/06/2024 05/06/24 | Off Market | $780,000 | -- | -- |
| 05/03/2024 05/03/24 | For Sale | $925,000 | +18.6% | $258 / Sq Ft |
| 05/02/2024 05/02/24 | Off Market | $780,000 | -- | -- |
| 04/26/2024 04/26/24 | Price Changed | $925,000 | -5.9% | $258 / Sq Ft |
| 02/22/2024 02/22/24 | For Sale | $982,500 | -- | $274 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Deedee Mitchell
-
Aaron Jacobson
Buyer's Agent in 2024
Aaron Jacobson
Lyon Stahl Investment Real Estate, Inc.
(310) 729-1559
5 in this area
35 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24035834
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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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