$999,000

Estimated payment $5,836/month

5 Beds
-- Bath
5 Sq Ft
$199,800 Price per Sq Ft

Highlights

  • 0.25 Acre Lot
  • Paved or Partially Paved Lot
  • 1-Story Property
  • Lawn

About This Home

INVESTMENT OPPORTUNITY IN LOS ANGELES! Welcome to 1366 E 57th St, a five-unit income-producing property offering immediate rental income and exciting value-add potential. Three units are currently tenant-occupied, providing an established income stream, while the remaining units offer additional possibilities for an investor.

The property also has city approval to construct a sixth unit, creating an opportunity to increase the unit count and future income potential. Conveniently located near Downtown Los Angeles, major freeways, public transportation, shopping, schools, and employment centers.

Ideal for investors looking to expand their portfolio and capitalize on long-term rental demand and potential upside. Existing tenants will remain with the sale. Bring your investors—seller is motivated, all terms are negotiable, and ready to work out a deal!

Buyer and buyer’s agent are strongly encouraged to independently verify all information, including unit count, permits, city approvals, square footage, rents, zoning, condition, development feasibility, and intended use with the appropriate professionals and government agencies. Property is sold as-is.

Listing Agent

Luis Grimaldo

HomeSmart Realty Group Brokerage Phone: 562-250-6146 License #02185767 Listed on: 08/25/2026

HomeSmart Realty Group

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1924

Lot Details

  • 10,796 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Lawn
  • Garden
  • Density is 2-5 Units/Acre

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 5 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Unit 1 Bathroom: 0
  • Unit 2 Bathroom: 0
  • Unit 3 Bathroom: 0
  • Unit 4 Bathroom: 0
  • Unit 5 Bathroom: 0

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 4 / H
  • Assessor Parcel Number 5104027034
  • $1,051 per year additional tax assessments

Community Details

Overview

  • 5 Buildings
  • 5 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Gross Income $48,840
  • Net Operating Income $4,070

Property Details

Home Type

Apartment

Year Built

Built in 1924

Lot Details

10,796 Sq Ft Lot

Listing Details

  • Ad Number: (562)250-6146
  • Property Attached: No
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5104027034
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved, 2-5 Units/Acre, Garden, Lawn
  • Lot Size Sq Ft: 10796.00
  • Lot Size Acres: 0.2478

Multi Family

  • Average1 Bed Area: 880 Square Feet
  • Average2 Bed Area: 880 Square Feet
  • Average3 Bed Area: 880 Square Feet
  • Gross Income: 48840.00
  • Gross Scheduled Income: 4070.00
  • Lot Size Area: 10796.0000 Square Feet
  • Net Operating Income: 4070.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 5
  • Rent Control: Yes

Tax Info

  • Tax Block: H
  • Tax Lot: 4
  • TaxOtherAnnualAssessmentAmount: 1051.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2026 $4,263 $283,132 $109,868 $173,264
2025 $4,263 $277,581 $107,714 $169,867
2024 $4,158 $272,139 $105,602 $166,537
2023 $4,093 $266,804 $103,532 $163,272
2022 $3,938 $261,573 $101,502 $160,071
2021 $3,884 $256,445 $99,512 $156,933
2020 $3,911 $253,816 $98,492 $155,324
2019 $3,789 $248,840 $96,561 $152,279
2018 $3,674 $243,962 $94,668 $149,294
2016 $3,467 $234,491 $90,993 $143,498
2015 $3,425 $230,970 $89,627 $141,343
2014 $3,469 $226,447 $87,872 $138,575
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
08/25/2026 08/25/26 For Sale $999,000 -- $199,800 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW26186815

California Regional Multiple Listing Service (CRMLS)

APN: 5104-027-034

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