1131 E 57th Street, Los Angeles, California 90011, Los Angeles, - bed, bath

home-pic
ACTIVE$799,000
1131 E 57th Street, Los Angeles, California 90011
0Bed
0Bath
2,582Sqft
5,400Lot
Year Built
1905
Close
-
List price
$799K
Original List price
$865K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SB25002923
Home ConditionFair
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-50.3mi
2/10
Hooper Avenue Elementary School
Public,1-50.3mi
2/10
Forty-Ninth Street Elementary School
Public,K-50.6mi
3/10
Sally Ride Elementary: A Smart Academy
Public,K-50.7mi
2/10
Holmes Avenue Elementary School
Public,K-60.9mi
4/10
Ascot Avenue Elementary School
Public,K-50.9mi
5/10
Lillian Street Elementary School
Public,K-60.9mi
5/10
Estrella Elementary School
Public,K-51.0mi
2/10
Harmony Elementary School
Public,K-51.1mi
3/10
Wadsworth Avenue Elementary School
Public,K-51.2mi
4/10
Nevin Avenue Elementary School
Public,K-51.5mi
4/10
Quincy Jones Elementary School
Public,K-51.6mi
5/10
Pacific Boulevard School
Public,K-51.8mi
3/10
Twenty-Eighth Street Elementary School
Public,K-51.9mi
5/10
Twentieth Street Elementary School
Public,K-52.2mi
3/10
Los Angeles Academy Middle
Public,6-80.4mi
3/10
Thomas A. Edison Middle School
Public,6-80.7mi
3/10
George Washington Carver Middle School
Public,6-80.9mi
6/10
Vernon City Elementary School
Public,K-71.6mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,6-81.7mi
3/10
Henry T. Gage Middle School
Public,6-82.3mi
2/10
Thomas Jefferson Senior High School
Public,9-121.3mi
3/10
Nava College Preparatory Academy
Public,9-121.3mi
3/10
John C. Fremont Senior High School
Public,9-121.7mi
4/10
Huntington Park Senior High School
Public,9-122.1mi
5/10
Santee Education Complex
Public,9-122.6mi
5/10
STEM Academy of Boyle Heights HS
Public,9-124.1mi
5/10
Felicitas And Gonzalo Mendez High
Public,9-124.3mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (23 Listings)
Beds00
Baths00
Square foot2,5822,022
88%
Lot Size5,4005,364
54%
Price$799K$710K
67%
Price per square foot$309$345
29%
Built year19059610962
13%
HOA
Days on market302177
92%
Condition Rating
Fair

The property was built in 1905. The exterior image shows a building that is aged and likely requires updates. While the description mentions the property has been maintained, it is unlikely to have had major renovations recently. Therefore, a 'fair' condition score is appropriate.
Pros & Cons

Pros

Income Potential: Duplex property provides immediate income potential through renting out one or both units.
Large Living Space: Combined living space of over 2,500 sq. ft. offers ample room for tenants or owner-occupants.
Prime Location: Close proximity to Exposition Park, USC, SoFi Stadium, and beaches enhances desirability and rental appeal.
Two Separate Units: The property features two distinct units, each with multiple bedrooms and bathrooms, providing flexibility for various living arrangements.
Charming Bungalow Features: The front unit includes a delightful enclosed porch, adding to the property's overall charm and character.

Cons

Age of Property: Built in 1905, the property may require significant maintenance and potential upgrades due to its age.
Potential Renovation Costs: The property may need updates to meet modern standards and attract higher-paying tenants, incurring additional costs.
Limited Information on Condition: The listing lacks detailed information about the current condition of the property, potentially hiding unforeseen issues.

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