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1050 W 57th St, Los Angeles, CA, 90037

$1,300,000

Home List Price

$10,000*

Closing Credit

14 Bedrooms
5 Baths
4,476 SqFt
$290/SqFt
House
Schools Nearby

Location

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1050 W 57th St, Los Angeles$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingCarport
Year Built1931
MLS #24394439
Lot Size0.11 Acres
StatusActive

About 1050 W 57th St

We are pleased to present 1050 W 57th St, 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 a 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.

Property Details

Property Features

Property Information:

  • Year Built: 1931
  • Stories: 2
  • Living Area: 4,476 SqFt

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 14

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

School Info

Assigned Schools Information:

  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • John Muir Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Budlong Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Google Maps: 1050 W 57th St. Los Angeles, CA 90037

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $290/SqFt

Tax Information:

  • Annual Amount: $8,201
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24394439

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/16/2024, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 29, 2004Home Sold
$487,500
May 20, 2004Home Sold
$440,000
Aug 06, 2002Home Sold
$281,500
Nov 07, 1995Home Sold
$147,500
Oct 19, 1993Home Sold
$159,498

Tax History

YEARPROP. TAXASSESSMENT
2021$8,201$651,729
2020$7,963$645,048
2019$7,875$632,400
2018$7,362$620,000
2017$7,362$585,502

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1755594
4
/10
  • Budlong Avenue Elementary School

  • 5940 S Budlong Ave

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-1755595
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 7.15 miles

  • Public Magnet Grades KG-6

school-card-donut-1755596
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 19.08 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1755597
2
/10
  • John Muir Middle School

  • 5929 S Vermont Ave

  • 0.27 miles

  • Public Magnet Grades 6-8

school-card-donut-1755598
4
/10
  • Studio

  • 2211 W Avenue 30

  • 8.54 miles

  • Public District Grades 6-8

High School

school-card-donut-1755599
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 5.69 miles

  • Public Magnet Grades 9-12

school-card-donut-1755600
7
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 18.31 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1050 W 57th St

What is the listing price of this property?

The listing price of 1050 W 57th St property is $1,300,000.

What type of property is this?

The property 1050 W 57th St is a house located in Los Angeles, California, 90037.

Is this property for sale now?

Active Listing: 1050 W 57th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1050 W 57th St are:
Budlong Avenue Elementary School: GreatSchools Rating 4/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
John Muir Middle School: GreatSchools Rating 2/10
Studio: GreatSchools Rating 4/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,201 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 29, 2004 for $487,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1050 W 57th St has 14 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1050 W 57th St is 4,476 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1050 W 57th St is 1931.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900371050 W 57th St

This home is located at 1050 W 57th St in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 4,476 square foot home, which was built in 1931, sits on a 0.11 acre lot. Features: 14 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $1,300,000.

From Rocket Homes Real Estate and based on county public records data.

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