908 W 57th St, Los Angeles, California 90037, Los Angeles, 90037 - 3 bed, 3 bath
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Los Angeles, California 90037
This Multi-Unit Residential Asset is a Strong Value Opportunity, listed at $750,000—positioned well below the $764,285 Fair Market Value by 1.87%. This valuation gap offers $14,285 in Instant Equity. Featuring a Condition Rating of 3, the property includes a brand-new central HVAC system and a versatile 1-bedroom rear unit. This layout is ideal for Buy-and-Hold Investors seeking rental income or first-time buyers looking to offset mortgage costs through house hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 908 W 57th St Subject | $750,000* List Price | 3 | 3 | 1,628 | $469 | - |
A 841 W 58th Sold | $675,000 | 4 | 2 | 1,236 | $546 | 0.1 mi |
B 727 W 53rd Street Sold | $670,000 | 4 | 2 | 1,770 | $379 | 0.3 mi |
C 710 W 49th Place Sold | $715,000 | 3 | 3 | 1,226 | $583 | 0.6 mi |
D 1021 W 53rd St Sold | $725,000 | 4 | 2 | 1,649 | $440 | 0.3 mi |
E 945 W 54th Street Sold | $620,000 | 2 | 1 | 1,219 | $509 | 0.2 mi |
F 1345 W 54th Street Sold | $609,000 | 3 | 1 | 1,356 | $449 | 0.6 mi |
G 933 W 57th Sold | $585,000 | 3 | 2 | 1,152 | $508 | 0.1 mi |
H 1111 W 54th Sold | $640,000 | 3 | 1 | 1,188 | $539 | 0.3 mi |
I 1301 W 56th Street Active | $699,888 List Price | 3 | 2 | 1,250 | $560 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1909, the property is listed in move-in condition and features a brand-new central HVAC system and solar panels. The interior shows functional living spaces and updated flooring in some areas, though the overall aesthetic remains somewhat dated. The presence of new major systems and a secondary living unit elevates it above the 'Fair' category.
The property features a main 2-bedroom residence plus an attached 1-bedroom unit, offering excellent flexibility for rental income or multi-generational households.
Recently updated with a brand-new central heating and air conditioning system, ensuring modern comfort and energy efficiency in a classic home.
The inclusion of generous gated parking provides a significant safety and convenience advantage in a high-density Los Angeles neighborhood.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Originally constructed in 1909, the property may require ongoing maintenance or future updates to aging infrastructure common in century-old homes.
With a lot size of 4,532 sqft supporting two living units, outdoor space is shared and relatively compact, which may limit privacy for occupants.
Welcome to 908 W. 57th Street—an excellent opportunity for a first-time buyer, multigenerational household, or owner looking for additional rental income. The main residence features 2 bedrooms and 2 bathrooms, while the attached rear unit offers a complete 1-bedroom, 1-bathroom living space, providing flexibility for extended family, guests, or potential rental income. The property is in move-in condition and has been updated with a brand-new central heating and air conditioning system for year-round comfort. Enjoy generous gated parking, ample outdoor space, solar panels and a versatile layout in a convenient Los Angeles location. Don’t miss this exceptional opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,628 | 1,672 |
| Lot Size | 4,532 | 6,067 |
| Price | $750.0K | $1.37M |
| Price per sq ft | $461 | $801 |
| Built year | 1909 | 1939 |
| HOA | $0 | $348 |
| Days on market | 12 | 56 |
Jul 10, 2026
$750,000
Initial Listing
Jun 12, 2006
$450,000
Public Record