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    1346 W 57Th St

    Los Angeles, CA 90037
    • $1,275,000
    • STATUS: Active
    • ON SITE: 35 days
    • ID#: 20-623054
    UPDATED: 74 min ago
    $1,275,000
    • 6
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,783
      SQFT
    • $337
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Ratings & Info

    Description

    We are pleased to present for sale Mi Quinta Hacienda, a 5-unit apartment building located in the rapidly gentrifying neighborhood of South Los Angeles. Built in 1940, this charming Spanish-style bungalow property is located at 1346 W 57th Street., just east of Normandie Ave and south of Vernon Ave. The clay titled roof, stucco exterior, and lush landscaping give the property (3,783 square feet on a 9,927-square-foot lot) distinctive curb appeal unique to South Los Angeles and hint at the allure of the buildings interiors. The unit mix at Mi Quinta Hacienda is 4 one-bedroom/one bath units that are approximately 625 square feet and 1 two-bedroom/one bath which is approximately 1250 square feet. All five of the units were extensively renovated with new kitchen cabinets, granite/quartz countertops, hardwood & title flooring, stainless steel appliances, new bathrooms with designer titles, vanities, walk-in showers, and new windows. There are 5 covered parking spaces. Very private property.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-29T06:43:19.47. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/109339553
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    1346 W 57Th St Los Angeles, CA 90037

    • Price: $1,275,000
    • Status: Active
    • Updated: 74 min ago
    • ID#: 20-623054
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    3,783
    SQFT
    $337
    $/SQFT
    1940
    Built
    Neighborhood:
    Los Angeles Southwest
    County:
    Los Angeles
    Area:
    Los Angeles Southwest
    Property Description
    We are pleased to present for sale Mi Quinta Hacienda, a 5-unit apartment building located in the rapidly gentrifying neighborhood of South Los Angeles. Built in 1940, this charming Spanish-style bungalow property is located at 1346 W 57th Street., just east of Normandie Ave and south of Vernon Ave. The clay titled roof, stucco exterior, and lush landscaping give the property (3,783 square feet on a 9,927-square-foot lot) distinctive curb appeal unique to South Los Angeles and hint at the allure of the buildings interiors. The unit mix at Mi Quinta Hacienda is 4 one-bedroom/one bath units that are approximately 625 square feet and 1 two-bedroom/one bath which is approximately 1250 square feet. All five of the units were extensively renovated with new kitchen cabinets, granite/quartz countertops, hardwood & title flooring, stainless steel appliances, new bathrooms with designer titles, vanities, walk-in showers, and new windows. There are 5 covered parking spaces. Very private property.
    Exterior Features

    Covered Parking 5 Direction Faces North Lot Size Area 9927 Other Structures Stall(S) Parking Garage Carport Total Parking 8

    Interior Features

    Baths Total 5.00 Cooling Wall Unit(S) Equipment Gas Or Electric Dryer HookupCeiling FanDishwasherGarbage Disposal Heating Other Laundry Equipment Own

    Property Features

    Assessed Total Value 729810 Gross Income 106536 Gross Operating Income 106536 Like Units1 4 Like Units2 1 Net Operating Income 76979.00 Number Of Buildings 5 Number Of Units 5 Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 28761 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Adam Zunder DRE#01821053 of Iconic Investments.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-29T06:43:19.47. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355