131 E 57th St Los Angeles, CA 90011
South Park NeighborhoodEstimated Value: $1,309,000 - $1,531,000
10
Beds
6
Baths
3,540
Sq Ft
$405/Sq Ft
Est. Value
About This Home
As of December 2022131 E. 57th St. is a brand new, non rent controlled, 2022, modern duplex that consists of one 2-story duplex with an attached 3 car garage and one open stall, located in South Los Angeles. The building has a projected cap rate of 5.92%! The duplex consists of 5 bedrooms & 3 baths each (3,540 sqft total). Both units have an open floor plan, bringing in lots of natural light, tile flooring throughout common areas, large master bedrooms, laminate flooring throughout all bedrooms, big bathrooms, ample closet space, and in-unit washer & dryer hookups, making this perfect for investors looking to own a cash-flowing asset in Los Angeles.
Last Agent to Sell the Property
Power Brokers License #02016898 Listed on: 11/07/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,274
Year Built
- Built in 2022
Lot Details
- 5,105 Sq Ft Lot
- Lot Dimensions are 40x127
Interior Spaces
- 3,540 Sq Ft Home
- 2-Story Property
- Gas Dryer Hookup
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Parking
- 4 Parking Spaces
- Driveway
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for gas, electricity, water
- Assessor Parcel Number 5101-018-006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2022
Closed on
Dec 12, 2022
Sold by
Semino Natasha
Bought by
Semino Omid
Seller's Agent
Michael Fitzgerald
Power Brokers
Buyer's Agent
Peyman Zar
Fact Realty
List Price
$1,295,000
Sold Price
$1,215,000
Premium/Discount to List
-$80,000
-6.18%
Total Days on Market
15
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,744
Avg. Annual Appreciation
6.99%
Original Mortgage
$911,250
Outstanding Balance
$882,200
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$551,544
Purchase Details
Listed on
Nov 7, 2022
Closed on
Dec 5, 2022
Sold by
Elmo Expert Llc
Bought by
Semino Omid
Seller's Agent
Michael Fitzgerald
Power Brokers
Buyer's Agent
Peyman Zar
Fact Realty
List Price
$1,295,000
Sold Price
$1,215,000
Premium/Discount to List
-$80,000
-6.18%
Views
32
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$911,250
Outstanding Balance
$882,200
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$551,544
Purchase Details
Closed on
Jun 24, 2021
Sold by
Gray Joyce and Estate Of George Leggett
Bought by
Elmo Expert Llc
Similar Home in Los Angeles, CA
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Semino Omid | -- | Provident Title | |
| Semino Omid | $1,215,000 | Provident Title | |
| Elmo Expert Llc | $425,000 | Provident Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Semino Omid | $911,250 | |
| Previous Owner | Elmo Expert Llc | $704,000 | |
| Previous Owner | Elmo Expert Llc | $276,250 | |
| Previous Owner | Leggett Lorenzo | $18,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/22/2022 12/22/22 | Sold | $1,215,000 | -2.7% | $343 / Sq Ft |
| 11/22/2022 11/22/22 | Pending | -- | -- | -- |
| 11/17/2022 11/17/22 | Price Changed | $1,249,000 | -3.6% | $353 / Sq Ft |
| 11/07/2022 11/07/22 | For Sale | $1,295,000 | -- | $366 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $15,274 | $1,239,300 | $714,000 | $525,300 |
| 2023 | $14,776 | $1,215,000 | $700,000 | $515,000 |
| 2022 | $5,152 | $425,000 | $340,000 | $85,000 |
| 2021 | $583 | $33,141 | $19,502 | $13,639 |
| 2019 | $569 | $32,161 | $18,925 | $13,236 |
| 2018 | $534 | $31,531 | $18,554 | $12,977 |
| 2016 | $503 | $30,212 | $18,486 | $11,726 |
| 2015 | $498 | $29,759 | $18,209 | $11,550 |
| 2014 | $509 | $29,177 | $17,853 | $11,324 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Fitzgerald
Seller's Agent in 2022
Michael Fitzgerald
Power Brokers
(310) 793-6136
1 in this area
10 Total Sales
-
Peyman Zar
Buyer's Agent in 2022
Peyman Zar
Fact Realty
(310) 266-9083
2 in this area
48 Total Sales
Map
Source: The MLS
MLS Number: 22-214341
APN: 5101-018-006
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.
© 2025 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes