1050 W 57th Street Los Angeles, CA 90037
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 TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site28 Days
- MLS StatusActive
- MLS ID Number24394439
- Home Size Source N/A
- Year Built1931
- Lot Size0.1072 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Carport
- Parking Spaces 4
- Number of Stories 22
- Acreage 0.1072
- Zoning LARD1.5
- Listing Conditions Standard
Community Features
- Senior Community No
- MLS Area C34 - Los Angeles Southwest