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For Sale

$999,000

10,794 sqft$93/sqft74 days on market

1366 E 57th ST

Los Angeles, CA 90011

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

10,794

Square feet

1924

Built

Listing narrative

Description

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. 2 units will be delivered VACANT! 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. (BUYERS AND AGENTS TO VERIFY) 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 (MLS): Luis Grimaldo · Listing brokerage (MLS): HomeSmart Realty Group

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$999,000

Beds

Beds n/a

Type

House

Home Size

10,794 sqft

Baths

Baths n/a

Lot Size

0.25 acres

Year

1924

Status

For Sale

Days on Market

74

$ / Sqft

$93

· 8% down, 7% APR, 30yr fixed
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Courtesy of HomeSmart Realty Group