1123 E 57th, Los Angeles, California 90011, Los Angeles, 90011 - 3 bed, 3 bath
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1123 E 57th
Los Angeles, California 90011
ACTIVE
CONDITION: POOR
3Beds
3Baths
1,352Sq Ft
5,397Lot Size
Property Price
LIST PRICE$675,000
EST. MARKET VALUE
$632,555
6% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $725,000—positioned well below the $655,806 Fair Market Value by -10%. While the property is currently priced above market, its 3-bedroom, 3-bathroom layout and 5,397 sqft lot offer significant development potential, including ADU possibilities. Given the Condition Rating of 5, the home requires a comprehensive rehab to modernize its 1918 infrastructure. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in a central Los Angeles location.
Estimated Market Value
$632,555
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1123 E 57th Subject 3 bd · 3 ba · 1,352 sqft · $468 | $675,000* List Price | 3 | 3 | 1,352 | $468 | - |
A 334 E 57th Sold 3 bd · 1 ba · 1,260 sqft · $464 · 0.8 mi | $585,000 | 3 | 1 | 1,260 | $464 | 0.8 mi |
B 214 E 56th Street Sold 2 bd · 1 ba · 832 sqft · $601 · 0.9 mi | $500,000 | 2 | 1 | 832 | $601 | 0.9 mi |
C 877 E 47th Street Pending 3 bd · 1 ba · 1,302 sqft · $460 · 0.7 mi | $599,000 List Price | 3 | 1 | 1,302 | $460 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1918, this property is over 100 years old with no evidence of recent renovations. The interior shows heavily dated tile flooring, older fixtures, and significant clutter, indicating it requires a comprehensive rehab and updates to major systems.
PROSSTRENGTHS & OPPORTUNITIES
- High Bed-to-Bath Ratio
Featuring a 3-bedroom, 3-bathroom configuration within 1,352 square feet, this home offers an exceptionally functional and rare layout for a property of this size and vintage.
- Development Potential
The generous 5,397 square foot lot provides significant space for outdoor amenities or the potential to add an Accessory Dwelling Unit (ADU) to increase rental income or property value.
- Central Urban Accessibility
Situated in a high-demand area of Los Angeles, the property offers excellent proximity to downtown and major transit corridors, supporting the 'location, location, location' value proposition.
CONSRISKS & DEFICIENCIES
- Century-Old Infrastructure
Built in 1918, the residence likely requires updates to major systems and structural components to meet modern standards, potentially leading to high maintenance costs.
- Underperforming Local Schools
The majority of the assigned public schools carry low performance ratings, which may limit the property's appeal to families prioritizing educational quality.
About 1123 E 57th
Location, location location
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1918
- Lot Size
- 5,397 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Aurora Elementary School
Grades K-5 • 0.3 mi
2/10
Hooper Avenue Elementary School
Grades 1-5 • 0.3 mi
2/10
Forty-Ninth Street Elementary School
Grades K-5 • 0.6 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,352 | 1,675.469 |
| Lot Size | 5,397 | 6,126.393 |
| Price | $675.0K | $1.34M |
| Price per sq ft | $499 | $800 |
| Built year | 1918 | 1941 |
| HOA | $0 | $262 |
| Days on market | 33 | 56 |
Pricing History
Listed for Sale
Sep 25, 2026
$675,000
$725,000
-7% Price Drop
Initial Listing
Price Change
Sep 21, 2026
$725,000
Initial Listing
Sold
Oct 11, 2002
$155,000
Public Record
Sold
Jun 14, 2000
$135,000
Public Record
Sold
Mar 2, 1999
$127,359
Public Record