Investment Opportunity in South Los Angeles!
Discover potential in this 1924-built, 5-unit property located at 1366 E 57th Street. Situated on a sprawling 10,796 sqft lot, with a building size of 2,356 sqft, this property offers ample space for renovation or remodeling. Currently, 2 of the 5 units are tenant-occupied on month-to-month agreements, providing immediate income potential or the flexibility for new ownership.
Ideal for investors looking to capitalize on a prime location and substantial lot size, this property invites creativity and vision. Don’t miss out on this chance to own a piece of Los Angeles real estate with significant value-add potential!
Discover potential in this 1924-built, 5-unit property located at 1366 E 57th Street. Situated on a sprawling 10,796 sqft lot, with a building size of 2,356 sqft, this property offers ample space for renovation or remodeling. Currently, 2 of the 5 units are tenant-occupied on month-to-month agreements, providing immediate income potential or the flexibility for new ownership.
Ideal for investors looking to capitalize on a prime location and substantial lot size, this property invites creativity and vision. Don’t miss out on this chance to own a piece of Los Angeles real estate with significant value-add potential!
Property Details
Price:
$2,499,999
MLS #:
DW24134591
Status:
Active
Baths:
0
Address:
1366 E 57th Street
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Jun 19, 2024
State:
CA
ZIP:
90011
Year Built:
1924
Schools
Interior
Exterior
Stories Total
1
Water Source
Public
Financial
Map
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Courtesy of HomeSmart Realty Group. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 1366 E 57th Street
Los Angeles, CA
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