Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

12

Building size

6,997 sqft

Lot size

5,170 sqft

Year built

1929

Stories

2

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

City Lights

Status

Active

Days on market

161

MLS #

241023049

About this property

Part of a Portfolio! Can be sold individually or as a portfolio. 1061 W 57th St offers investors excellent in-place cash flow on day one with the benefit of additional upside in rents. The subject property offers an investor a great unit mix consisting of (1) 2 Bed / 1 Bath, (8) 1 Bed / 1 Bath and (3) Studio / 1 Bath units. The 6,997 square foot building sits on a 5,170 square foot lot that is zoned LARD2 and was built in 1929.

Location

1061 W 57th Street

Los Angeles, Los Angeles, CA, 90037