$1,300,000 Price Analysis   ♡   Los Angeles, CA 90037 14 bed 5 bath 4,476 SqFt ($290/SqFt) 4,670SqFt lot. Built 1931 Listed 2024-05-21, Taxes $8,326 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
We are pleased to present 1050 W 57th St
* Has Contingent Offer *A 5-unit Spanish-style apartment community located in the heart of Los Angeles. Operating at a 6.37% CAP and 10.11 GRM on current rents, with potential upsides to a 10.78% CAP and 6.81 GRM on pro-forma rents, the building provides buyer with the ability to achieve a high cash-flow! The building consists of 1 two-bedroom unit and 4 three-bedroom units, along with four 1-car garages in the rear accessible by alley.
With classic 1930's Spanish-style architecture throughout, the building provides a sense of character and desirability from the tenant community, which can be seen in the high rental amounts currently in the building and neighborhood. Contact the listing broker for additional information.
Presented by Casey Lins at
Kidder Mathews of California, Inc.
Property MLS #24-394439 from TheMLSCLAW
Full Bathrooms: 5
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4670
Parking Total: 4
Calculated Total Monthly Association Fees: 0
Number of Units: 5
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 1, 1 SquareFeet: 3300, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 2700, 3 BedsTotal: 3, 3 BathsTotal: 1, 3 SquareFeet: 3300, 4 BedsTotal: 3, 4 BathsTotal: 1, 4 SquareFeet: 3300, 5 BedsTotal: 3, 5 BathsTotal: 1, 5 SquareFeet: 3300
County: Los Angeles
Cap Rate: 6.37
Directions: Google Maps: 1050 W 57th St. Los Angeles, CA 90037
Source Property Type: Residential Income
Area: Los Angeles Southwest
Source Neighborhood: Los Angeles Southwest
Parcel Number: 5002-018-004
Postal Code Plus 4: 3958
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $214,439 + $450,323 $664,762 | $8,326 |
| 2021 | $210,235 + $441,494 $651,729 | $8,201 |
| 2020 | $208,080 + $436,968 $645,048 | $8,278 |
| 2019 | $204,000 + $428,400 $632,400 | $7,963 |
| 2018 | $200,000 + $420,000 $620,000 | $7,875 |
| 2017 | $117,097 + $468,405 $585,502 | $7,362 |
| 2016 | $114,801 + $459,221 $574,022 | $7,151 |
| 2015 | $113,077 + $452,324 $565,401 | $7,049 |
| 2014 | $110,862 + $443,464 $554,326 | $7,102 |
| 2013 | $110,361 + $441,460 $551,821 | $7,096 |
| 2012 | $108,198 + $432,804 $541,002 | $7,189 |
| 2010 | $106,077 + $424,318 $530,395 | $7,260 |
| 2009 | $105,536 + $422,148 $527,684 | $7,000 |
| 2009 | $105,285 + $421,147 $526,432 | $7,000 |
| 2008 | $103,467 + $413,871 $517,338 | $6,718 |
| 2007 | $101,439 + $405,756 $507,195 | $6,491 |
$1,300,000
TheMLSCLAW
Sold 2017-11-09
$620,000
Public Record
Sold 2004-09-29
$487,500
Public Record
Sold 2004-05-20
$440,000
Public Record
Sold 2002-08-06
$281,500
Public Record
Sold 1995-11-07
$147,500
Public Record
Sold 1993-08-30
$25,000
Public Record
Sold 1987-09-16
$100,000
Public Record
Year Built: 1931
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 93
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.