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1300 W 57th Street, Los Angeles, CA 90037

Commercial property · 2 recorded sales since 2024

1300 W 57th Street, Los Angeles, CA 90037 Sold August 2024 CRMLS
$780,000Sold August 2024

Listing Agent: Darilyn Gail Mitchell (DRE #01377797) · Listing Office: Pinnacle Estate Properties, Inc. · Contact: 661-705-3200 · Bought with: Aaron Jacobson · Lyon Stahl Investment Real Estate, Inc. · MLS #SR24046498 · Source: CRMLS

3,585
Building Sq Ft
5
Units
9,904 sqft
Lot Size
1938
Year Built
Commercial property
Type

About this commercial property

This is an exciting investment opportunity in South Los Angeles! Don't miss this remarkable 5-unit income property with immense potential for savvy investors. This property boasts a mix of four 1-bedroom,1-bathroom units and one 2-bedroom. 1-bathroom unit, perfectly designed for rental income. Each unit is equipped with its own washer and dryer hookup, providing convenience, and added value for the tenants. There is ample parking with one single car garage, and two 2-car garages ensuring sufficient parking for all residents. While the property may require some renovations and upgrades this presents a fantastic chance for investors to add value and maximize returns. Priced competitively and poised for transformation, this property represents an exceptional opportunity in the thriving South Los Angeles real estate market. Here's your chance to turn this diamond in the rough into a lucrative investment.

Listing description from the August 2024 sale, as reported to CRMLS.

Sale history

$780,000
Sold August 2024 · listed $900,000, orig. $982,500, on market February 2024 · MLS #SR24046498 · Source: CRMLS
Listing Agent: Darilyn Gail Mitchell · Listing Office: Pinnacle Estate Properties, Inc. · Contact: 661-705-3200 · Bought with: Aaron Jacobson · Lyon Stahl Investment Real Estate, Inc.
$780,000
Sold August 2024 · listed $900,000, orig. $982,500, on market February 2024 · MLS #SR24035834 · Source: CRMLS
Listing Agent: Darilyn Gail Mitchell · Listing Office: Pinnacle Estate Properties, Inc. · Contact: 661-705-3200 · Bought with: Aaron Jacobson · Lyon Stahl Investment Real Estate, Inc.
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