$999,000
1366 E 57th ST
Los Angeles, CA 90011
—
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.
Property Details
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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
Courtesy of HomeSmart Realty Group






