1131 E 57th Street, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
ACTIVE$799,000
1131 E 57th Street, Los Angeles, California 90011
0Bed
0Bath
2,582Sqft
5,400Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Income Potential: As a duplex, the property offers excellent potential for rental income, catering to both owner-occupants seeking supplemental income and pure investors.
Top Cons:
Advanced Age of Property: Built in 1905, the property is over a century old, which may imply the need for significant updates to core systems (plumbing, electrical, HVAC) and potential structural maintenance.
Compared to the nearby listings
Price:$799.0K vs avg $672.0K (+$127,000)73%
Size:2,582 sqft vs avg 2,042 sqft92%
Price/sqft:$309 vs avg $34135%
More Insights
Built in 1905 (120 years old).
Condition: Built in 1905, this property is over a century old and has not been on the market for nearly 40 years, strongly suggesting a lack of recent major renovations. The property analysis explicitly notes 'potential for deferred maintenance' and the 'need for significant updates to core systems (plumbing, electrical, HVAC) and potential structural maintenance.' The exterior image supports this, showing significant wear and tear, including cracked concrete steps, faded paint, and an overall neglected appearance. While interior images are not provided, the age and exterior condition indicate that the kitchen and bathrooms are likely severely outdated and require substantial rehabilitation, along with major system overhauls.
Year Built
1905
Close
-
List price
$799K
Original List price
$865K
Price/Sqft
$309
HOA
-
Days on market
-
Sold On
-
MLS number
SB25002923
Home ConditionPoor
Features
View-
About this home
A Rare Gem – First Time on the Market in Nearly 40 Years! Don’t miss this incredible opportunity to own a charming duplex in the heart of Los Angeles! The front unit boasts over 1,300 sq. ft. of living space, including a delightful enclosed porch, adding to the charm of this quaint bungalow. With 3 spacious bedrooms and 1 full bath, this unit perfectly blends comfort and character. The rear unit, spanning over 1,200 sq. ft., is equally impressive with its two-level design. Featuring 3 bedrooms and 1.5 baths, all bedrooms are located on the upper level, offering privacy and functionality. Conveniently located just minutes from Exposition Park, USC, SoFi Stadium, stunning beaches, and countless other attractions, this property is perfectly positioned for both enjoyment and investment potential. Whether you're looking for a family home with additional income potential or an investment property, this rare opportunity won’t last long. Let’s make it yours today!
Nearby schools
2/10
Aurora Elementary School
Public,•K-5•0.3mi
2/10
Hooper Avenue Elementary School
Public,•1-5•0.3mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.6mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.7mi
2/10
Holmes Avenue Elementary School
Public,•K-6•0.9mi
4/10
Ascot Avenue Elementary School
Public,•K-5•0.9mi
5/10
Lillian Street Elementary School
Public,•K-6•0.9mi
5/10
Estrella Elementary School
Public,•K-5•1.0mi
2/10
Harmony Elementary School
Public,•K-5•1.1mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•1.2mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.5mi
4/10
Quincy Jones Elementary School
Public,•K-5•1.6mi
5/10
Pacific Boulevard School
Public,•K-5•1.8mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•1.9mi
5/10
Twentieth Street Elementary School
Public,•K-5•2.2mi
3/10
Los Angeles Academy Middle
Public,•6-8•0.4mi
3/10
Thomas A. Edison Middle School
Public,•6-8•0.7mi
3/10
George Washington Carver Middle School
Public,•6-8•0.9mi
6/10
Vernon City Elementary School
Public,•K-7•1.6mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•1.7mi
3/10
Henry T. Gage Middle School
Public,•6-8•2.3mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.3mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.3mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.7mi
4/10
Huntington Park Senior High School
Public,•9-12•2.1mi
5/10
Santee Education Complex
Public,•9-12•2.6mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•4.1mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•4.3mi
Condition Rating
Poor
Built in 1905, this property is over a century old and has not been on the market for nearly 40 years, strongly suggesting a lack of recent major renovations. The property analysis explicitly notes 'potential for deferred maintenance' and the 'need for significant updates to core systems (plumbing, electrical, HVAC) and potential structural maintenance.' The exterior image supports this, showing significant wear and tear, including cracked concrete steps, faded paint, and an overall neglected appearance. While interior images are not provided, the age and exterior condition indicate that the kitchen and bathrooms are likely severely outdated and require substantial rehabilitation, along with major system overhauls.
Pros & Cons
Pros
Strong Income Potential: As a duplex, the property offers excellent potential for rental income, catering to both owner-occupants seeking supplemental income and pure investors.
Strategic Location: Conveniently located minutes from major attractions like Exposition Park, USC, and SoFi Stadium, enhancing its appeal for tenants and future appreciation.
Rare Market Opportunity: Being on the market for the 'First Time in Nearly 40 Years' signifies a unique, long-held asset with potential for untapped value and a distinct market position.
Significant Price Reduction: The property has seen a notable price drop from its original list price, indicating a motivated seller and a potential opportunity for a favorable acquisition.
Spacious & Functional Units: Both units offer generous square footage (1300 sqft and 1200 sqft) with multiple bedrooms and bathrooms, providing comfortable living spaces for residents.
Cons
Advanced Age of Property: Built in 1905, the property is over a century old, which may imply the need for significant updates to core systems (plumbing, electrical, HVAC) and potential structural maintenance.
Potential for Deferred Maintenance: The description highlights 'charm' but lacks details on recent renovations, suggesting that a buyer might need to invest in modernization and address deferred maintenance.
Higher Ongoing Maintenance Costs: Due to its age, the property is likely to incur higher ongoing maintenance and repair expenses compared to newer constructions, impacting long-term profitability.