926 E 57th St

Los Angeles, CA 90011

$1,575,000
Last Sold Price
11
Beds
6
Baths
3,823 Sq. Ft.
$412 / Sq. Ft.
3,823
Sq. Ft.
$412
per Sq. Ft.

Description

CAP RATE 7.74%. Welcome to a unique investment opportunity near DTLA! Embrace the potential of this multifamily income property boasting 11 beds and 6 baths. Recently renovated, this multifamily property features a total of 11 bedrooms and 6 bathrooms, offering ample space for tenants or potential residents. Each unit exudes a perfect blend of contemporary luxury and comfort, ensuring a high-quality living experience for all. Inside the property, you'll find modern and state-of-the-art appliances...CAP RATE 7.74%. Welcome to a unique investment opportunity near DTLA! Embrace the potential of this multifamily income property boasting 11 beds and 6 baths. Recently renovated, this multifamily property features a total of 11 bedrooms and 6 bathrooms, offering ample space for tenants or potential residents. Each unit exudes a perfect blend of contemporary luxury and comfort, ensuring a high-quality living experience for all. Inside the property, you'll find modern and state-of-the-art appliances in the kitchens, a true delight for any aspiring chef. The upgraded flooring adds a touch of sophistication to each unit. Additionally, the property includes five gated parking spaces, ensuring convenience and security for tenants and their vehicles. Situated near DTLA, this multifamily income property offers easy access to a wide array of shopping, dining, and entertainment options. Commuting is a breeze with the convenience of major highways and public transportation in close proximity. Whether you're an experienced investor or just starting your investment journey, this multifamily income property presents an incredible opportunity to diversify your portfolio and enjoy the benefits of owning an income-generating property in a prime location. Don't miss out on this chance to seize your financial future with this beautifully remodeled and strategically positioned multifamily income property!

Listing Agents

  1. Robby Fields

    Robby Fields

    Listing Agent

    Compass

    DRE #02080346

    robby.fields@compass.com

    P: (310)-905-2775

  2. Lauren Biedenharn

    Lauren Biedenharn

    Alternative Listing Agent

    Compass

    DRE #01955597

Property Details for 926 East 57th Street

Style
Modern
Parcel Number
5103015012
Total Units
4.0
Living Area
3823
Source Living Area
Developer
Area
Downtown L.A. (C42)
Vacancy Rate
50%
Lot Size Area
5444
LISTING UPDATED: 03/22/2024 03:30 PM

Property Details for 926 East 57th Street

StatusSold
MLS #23-338185
Days on Market91
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built-
Lot Size0.12 AC / 5,444 SF
CountyLos Angeles County
Buyer's Agent Compensation2.5%

Location

Listing Courtesy of Compass, Robby Fields, DRE #02080346; Compass, Lauren Biedenharn, DRE #01955597

Sold By BJ Realty, Brian Jung, DRE #01946975

Add your commute

Building Information for 926 East 57th Street

Stories2Residences-Year Built-Building Size-Lot Size0.12 AC / 5,444 SF

Payment Calculator

$9,003 per month

30 year fixed, 6.845% Interest

Principal and Interest

$8,252

Property Taxes

$751

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 926 East 57th Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Fourplex
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $144,600
  • Net Operating Income: $119,200.00
  • Gross Income: $144,600
  • Cap Rate: 7.74%
  • Gross Rent Multiplier: $11.40
  • Total Annual Expense: 21200
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 5444
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 5
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Common Walls: Attached
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 12-11-2023
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,050.00
  • Unit Actual Rent: $3,050.00
  • Unit Projected Rent: $3,100.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,100.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,100.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $3,300.00
  • Unit Actual Rent: $3,300.00
  • Unit Projected Rent: $3,300.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,600.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number of Carpet: 0
  • Number of Dishwasher: 4
  • Number of Disposal: 4

Property History for 926 East 57th Street

DateEvent & SourcePriceAppreciation
Mar 22, 2024

Sold

CLAW #23-338185

$1,575,000—
Mar 22, 2024

Sold

CRMLS #23338185

$1,575,000—
Mar 11, 2024

Pending

CLAW #23-338185

—
Mar 10, 2024

Pending

CRMLS #23338185

—
Mar 7, 2024

Sold (Public Record)

Public Record #1528985395

$1,575,000

+20.1% / yr

Dec 11, 2023

Listed (Active)

CRMLS #23338185

$1,595,000—
Dec 11, 2023

Listed (Active)

CLAW #23-338185

$1,595,000—
Dec 3, 2023

Withdrawn / Cancelled

CLAW #23-296663

$1,599,000—
Dec 3, 2023

Withdrawn / Cancelled

CRMLS #23296663

$1,599,000—
Oct 18, 2023

Listed (Active)

CRMLS #23296663

—
Oct 18, 2023

Listed (Active)

CLAW #23-296663

$1,599,000—
Oct 13, 2023

Withdrawn / Cancelled

CRMLS #23296663

—
Oct 13, 2023

Withdrawn / Cancelled

CLAW #23-296663

$1,599,000—
Sep 7, 2023

Expired

CRMLS #23282267

$549,000—
Sep 7, 2023

Expired

CLAW #23-282267

—
Aug 5, 2023

Withdrawn / Cancelled

CRMLS #23282267

—
Aug 5, 2023

Withdrawn / Cancelled

CLAW #23-282267

—
Aug 1, 2023

Listed (Active)

CRMLS #23296663

$1,599,000—
Aug 1, 2023

Listed (Active)

CLAW #23-296663

$1,599,000—
Jun 26, 2023

Listed (Active)

CRMLS #23282267

$549,000—
Jun 26, 2023

Listed (Active)

CLAW #23-282267

$549,000—
Jul 26, 2019

Sold

CRMLS #PV19056762

$670,000—
Jul 26, 2019

Sold

SDMLS #PV19056762

$670,000—
Jul 26, 2019

Sold

CLAW #PV19056762MR

$670,000—
Jul 5, 2019

Sold (Public Record)

Public Record #649135006

$670,000—
Jun 27, 2019

Pending

CLAW #PV19056762MR

—
Jun 27, 2019

Pending

SDMLS #PV19056762

—
Jun 27, 2019

Pending

CRMLS #PV19056762

—
Mar 14, 2019

Listed (Active)

SDMLS #PV19056762

$699,900—
Mar 14, 2019

Listed (Active)

CRMLS #PV19056762

$699,900—
Mar 14, 2019

Listed (Active)

CLAW #PV19056762MR

$699,900—
DateEvent & SourcePrice
03/22/2024

Sold

CLAW #23-338185

$1,575,000
03/22/2024

Sold

CRMLS #23338185

$1,575,000
03/11/2024

Pending

CLAW #23-338185

—
03/10/2024

Pending

CRMLS #23338185

—
03/07/2024

Sold (Public Record)

Public Record #1528985395

$1,575,000

+20.1% / yr

12/11/2023

Listed (Active)

CRMLS #23338185

$1,595,000
12/11/2023

Listed (Active)

CLAW #23-338185

$1,595,000
12/03/2023

Withdrawn / Cancelled

CLAW #23-296663

$1,599,000
12/03/2023

Withdrawn / Cancelled

CRMLS #23296663

$1,599,000
10/18/2023

Listed (Active)

CRMLS #23296663

—
10/18/2023

Listed (Active)

CLAW #23-296663

$1,599,000
10/13/2023

Withdrawn / Cancelled

CRMLS #23296663

—
10/13/2023

Withdrawn / Cancelled

CLAW #23-296663

$1,599,000
09/07/2023

Expired

CRMLS #23282267

$549,000
09/07/2023

Expired

CLAW #23-282267

—
08/05/2023

Withdrawn / Cancelled

CRMLS #23282267

—
08/05/2023

Withdrawn / Cancelled

CLAW #23-282267

—
08/01/2023

Listed (Active)

CRMLS #23296663

$1,599,000
08/01/2023

Listed (Active)

CLAW #23-296663

$1,599,000
06/26/2023

Listed (Active)

CRMLS #23282267

$549,000
06/26/2023

Listed (Active)

CLAW #23-282267

$549,000
07/26/2019

Sold

CRMLS #PV19056762

$670,000
07/26/2019

Sold

SDMLS #PV19056762

$670,000
07/26/2019

Sold

CLAW #PV19056762MR

$670,000
07/05/2019

Sold (Public Record)

Public Record #649135006

$670,000
06/27/2019

Pending

CLAW #PV19056762MR

—
06/27/2019

Pending

SDMLS #PV19056762

—
06/27/2019

Pending

CRMLS #PV19056762

—
03/14/2019

Listed (Active)

SDMLS #PV19056762

$699,900
03/14/2019

Listed (Active)

CRMLS #PV19056762

$699,900
03/14/2019

Listed (Active)

CLAW #PV19056762MR

$699,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 926 East 57th Street

Taxable ValueLand$375,269Additions$343,103Total$718,372
Tax Record2024$9,006 ($751 / month)
Home Facts
Total Finished SqFt2,068 SqFtAbove Grade Finished SqFt2,068 SqFtLot Size5,444 SqFtStyleDuplexYear Built1993ZoningLAR2CountyLOS ANGELESAPN5103-015-012

Schools near 926 East 57th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Estrella Elementary School
PublicK to 5

Los Angeles Academy Middle
Public6 to 8

Nava College Preparatory Academy
Public9 to 12

Thomas Jefferson Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Robby Fields, DRE #02080346; Compass, Lauren Biedenharn, DRE #01955597

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.