NOT LISTED FOR SALE

131 E 57th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $1,276,000 - $1,472,000

10 Beds
6 Baths
3,540 Sq Ft
$398/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $1,215,000 $343 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,751/month

15 Days on Market

About This Home

As of December 2022

131 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

Michael Fitzgerald

Power Brokers License #02016898 Listed on: 11/07/2022

Last Buyer's Agent

Peyman Zar

Fact Realty License #01872402

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,274

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3540
  • Lot Acreage: 0.1172
  • Lot Dimensions: 40x127
  • Stories: 2
  • Year Built: 2022
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Wood Laminate
  • Bedrooms: 10
  • Total Bathrooms: 6.00
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 352.82

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 3 Car, Driveway
  • Total Parking: 4

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 85000
  • Assessed Land Percent: 80
  • Assessed Land Value: 340000
  • Total Assessed Value: 425000
  • Assessor Parcel Number: 5101-018-006
  • Lot Size Area: 5105

Rental Info

  • Tenant Pays: Gas, Electricity, Water

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.03
  • Number Of Units: 2
  • Total Annual Expense: 23874
  • Type Of Units: Townhomes
  • Vacancy Rate: 50%

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%
Views
32
Current Estimated Value
$1,365,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,736
Avg. Annual Appreciation
5.75%
Original Mortgage
$911,250
Outstanding Balance
$878,856
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$528,625

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
$878,856
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$528,625

Purchase Details

Closed on
Jun 24, 2021
Sold by
Gray Joyce and Estate Of George Leggett
Bought by
Elmo Expert Llc
Source: Public Records

Range of Values:

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Average Value
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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

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

Source: Public Records

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
2025 $15,274 $1,264,086 $728,280 $535,806
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

    Section Image
  • Peyman Zar

    Buyer's Agent in 2022

    Peyman Zar

    Fact Realty

    (310) 266-9083

    2 in this area

    48 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 22-214341

The MLS

APN: 5101-018-006

California Los Angeles County Los Angeles 90011 South Park

131 E 57th St, Los Angeles, CA

This home is located at 131 E 57th St, Los Angeles, CA 90011 since 07 November 2022 and is currently estimated at $1,407,481, approximately $397 per square foot. This property was built in 2022. 131 E 57th St is a home located in Los Angeles County with nearby schools including Estrella Elementary School, Los Angeles Academy Middle School, and Thomas Jefferson Senior High School.

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The MLS © 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.
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