$1,065,000
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1050 57th Street Los Angeles, CA 90037
Cluster
Residence
14
Beds
5
Baths
...
Bed/Bath
4,476
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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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.
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MLS#
24394439
Property Type
Cluster
Bedrooms
14
Bathrooms
Year Built
1931
Square Feet
4,476
sq. ft
Lot Size
0.11
Stories
2.0
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