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1417 W 57th Street, Los Angeles, CA 90062
$925,000
1417 W 57th Street, Los Angeles, CA 90062View this property at 1417 W 57th Street, Los Angeles, CA 90062
1417 W 57th StreetLos AngelesCA90062
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Property Description
Introducing this remarkable income-producing duplex, a promising investment opportunity without the constraints of rent control. This property comprises two separate units, each boasting 3 bedrooms and 1 bathroom, making it an attractive option for both tenants and investors. The interior of each unit has been thoughtfully designed and upgraded to offer modern comforts and style. Dual pane windows grace every room, providing energy efficiency and sound insulation while allowing abundant natural light to fill the living spaces. These windows enhance the overall ambiance and create a pleasant atmosphere for the residents. The kitchens in both units showcase granite countertops and durable wood cabinets. The tile flooring in the kitchens and bathrooms adds a clean and contemporary look, while also providing easy maintenance and longevity. The bedrooms and living room in each unit are carpeted, providing a cozy and comfortable environment. Central heating in both units. This income-producing duplex offers a valuable investment opportunity for those seeking stable rental income or live in one, rent out the other. The absence of rent control allows for flexibility in setting rental rates, providing the potential for increased income and optimal returns on investment.
Full Property Details
Full Property Details for 1417 W 57th St
General
- Sold For: $925,000
- Status: Closed
- Type: Multi-Family
- MLS ID: OC23101161
- Added to Site: 332 day(s) ago
Interior
- Appliances: Dishwasher, Gas Range
- Flooring: Carpet, Tile
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Location
- Area: C37 - Metropolitan South
- County: Los Angeles
- Development Name: C37 - Metropolitan South
- Driving Directions: Slauson/Normandie
Heating & Cooling
- Cooling Type: None
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,557
- Year Built: 2007
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1134
- Lot Size Source: Assessor
- Zoning: LAR2
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $594.09
- Price Per Unit: 462500
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed and Sold by Seven Gables Real Estate, Victoria Hill
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Schools
Schools serving 1417 W 57th St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1724 W 53rd St, Los Angeles, CA 90062 | K-5 | 0.4 mi | |
1700 W 46th St, Los Angeles, CA 90062 | 6-11 | 0.9 mi | |
825 W 60th St, Los Angeles, CA 90044 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1417 W 57th St
Date
Details
Price
Change
Source
1/10/2024
Sold
$925,000
—
MLS
7/19/2023
Price Reduced
$925,000
-7.5%
MLS
6/08/2023
Listed
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1417 W 57th Street, Los Angeles, CA 90062 (MLS# OC23101161) is a Multi-Family property that was sold at $925,000 on January 10, 2024. Want to learn more about 1417 W 57th Street? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.