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1014 W 57th St
Los Angeles, CA 90037
Multifamily Property For Sale · 12 Units

Investment Highlights

  • Priced at $112,500 Per Unit
  • Located in South LA
  • Almost Entirely Studio Units
  • Approximately 25% Rental Upside
  • Offered at $194 Per Square Foot

Executive Summary

1014 W. 547th Street is a 12-unit apartment building located in South Los Angeles. The opportunity consists of eleven (11) studio units and one (1) one-bedroom unit spread across 6,938 rentable square feet. Each unit is separately metered for electricity which will limit the overall operating costs for a new owner. Lastly, there is approximately 25% rental upside that can be achieved as units turnover.

Property Facts

Price Per Unit $112,500
Sale Type Investment
Cap Rate 6.54%
Gross Rent Multiplier 8.32
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.10 AC
Building Size 6,938 SF
Average Occupancy 100%
No. Stories 2
Year Built 1928
Zoning RD1.5, Los Angeles

Amenities

Unit Amenities

  • Cable Ready

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 11 $1,106 550
1+1 1 $1,352 700

Property Taxes

Property Taxes

Parcel Number
5002-018-010
Land Assessment
$853,028
Improvements Assessment
$568,684
Total Assessment
$1,421,712
  • Listing ID: 40564492

  • Date on Market: 5/18/2026

  • Last Updated:

  • Address: 1014 W 57th St, Los Angeles, CA 90037

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