$1,695,000
+$95,0001061 W 57th Street, Los Angeles CA 90037
Multi-Family (12 Units)
Property type
52 days
On market
$242
Price per sqft
N/A
Garage
1929
Year built
5,170 sqft
Lot size
Open Houses
Overview
Part of a Portfolio! Can be sold individually or as a portfolio. 1061 W 57th St offers investors excellent in-place cash flow on day one with the benefit of additional upside in rents. The subject property offers an investor a great unit mix consisting of (1) 2 Bed / 1 Bath, (8) 1 Bed / 1 Bath and (3) Studio / 1 Bath units. The 6,997 square foot building sits on a 5,170...
Listing provided by: Peter James DRE #01748556 310-467-7581, Lyon Stahl Investment Real Estate, Inc., William James DRE #01734419 310-600-9858, Lyon Stahl Investment Real Estate, Inc.
Listing updated: Apr 22, 2026 at 07:18am.
Last checked: Jun 5, 2026 at 05:31pm
Source: CRMLS #26724037
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,336 | $1,336 | $2,200 | Unfurnished |
| 8 | 1 | 1 | — | $1,537 | $12,293 | $12,800 | Unfurnished |
| 3 | 0 | 1 | — | $886 | $2,658 | $3,600 | Unfurnished |
# of Buildings: 1
# of Units Total: 12
Ranges: 12
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
8.7x
List Price / Annual Gross Rent
Cap Rate
6.56%
NOI / List Price
Vacancy Allowance: $5,863
Vacancy Allowance Rate: 3%
Net Operating Income: $111,219
Interior
Cooling: Wall Window Units
Heating: Wall Furnace
Appliances: Oven, Range
Fireplace: None
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Multi Split
Construction Materials: Stucco
Common Walls: One Common Wall
Direction Faces: South
Security Features: Carbon Monoxide Detectors, Gated Community, Smoke Detectors, Window Bars
Lot Features: Rectangular Lot
Pool: None
Spa: None
Sewer: Sewer Tap Paid
View: City Lights
Garage and Parking
Parking: None
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5002019028
Additional Parcels: No
Zoning: LARD2
Community
HOA: No
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 1061 W 57th Street, Los Angeles, CA 90037. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,356,000
Total Interest
$1,729,503
Total Payment
$3,085,503
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$10,486
per month
Property History for 1061 W 57th Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90037.
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