612 W 57th Street
Los Angeles, CA 90037
- – beds
- – baths
- – sqft
- 5,541 sqft lot
- 1929 build
- – on site
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612 West 57th St. is a 50% VACANT Spanish-style fourplex located 2 miles south of the LA Coliseum and BMO Stadium. The property is also in close proximity to South LA thoroughfares including Slauson Ave, Figueroa St, S. Hoover St, and the 110 Fwy. This significant value-add opportunity is offered at 5.79% CAP and 11.33 GRM on current rents, $212,500 per unit, and $270 per foot. 612 W. 57th presents approx. 30% rental upside. At projected market rents, the property will stabilize at a 8.33% CAP and 8.74 GRM. Built in 1929, this two-story Spanish-style property consists of (1) 2-bdrm. units and (3) 1-bdrm. units that sit on a 5,541 SF lot. Please note, there is a VACANT 2-bdrm. unit and a VACANT 1-bdrm. unit. Property amenities include 6 surface parking spaces. *** Please contact LA2 for more information. ***
Last checked:
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Last updated Nov 5, 2024
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MLS# 24413019 —
The Building
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Year Built:1929
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New Construction:No
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Architectural Style:Spanish
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Faces:North
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Building Area Total:3148.00
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# of Buildings:1
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Total Number Of Units:4
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Stories Total:2
Interior
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Levels:Two
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Laundry:None
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Laundry:1
Location
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Directions:Located one block northwest of Figueroa St. and Slauson Ave, 612 W. 57th is 2 miles south of BMO Stadium and the LA Coliseum.
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Latitude:33.99027800
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Longitude:-118.28464600
The Property
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Property Type:Residential Income
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Property Condition:Fixer
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Zoning:LAR2
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Lot Size Area:5541.0000
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Lot Size Acres:0.1272
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Lot Size SqFt:5541.00
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View:None
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Security Features:Gated Community
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Additional Parcels:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5001017002
Appliances
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Side by Side, Uncovered
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Parking Spaces:6.00
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Uncovered Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/16/24
Sep 16, 2024
|
BRIDGE | $850,000 | ||
|
9/16/24
Sep 16, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $850,000 | |
|
8/26/24
Aug 26, 2024
|
Relisted | CRMLS_CA | $850,000 |
