1061 W 57th St, Los Angeles, CA, 90037
About This Home
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 square foot lot that is zoned LARD2 and was built in 1929.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1929
Materials
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Oven,Range,Range/Oven,Gas Water Heater
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 12
Features
- Fireplace features: None
Heating & Cooling
- Heating features: Wall
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 6,997
- Total interior livable area: 6,997 sqft
Property
Details
- Zoning: LARD2
- Special condition: Standard
Features
- Levels: Multi/Split
- Stories: 2
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: City
- Waterfront features: None
Lot
- Lot size: 5,170 sqft
- Features: Rectangular Lot
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,570 | $102,840 |
| Home Insurance * | $373 | $4,476 |
| Property Taxes | $946 | $11,352 |
| Electricity | $1,500 | $18,004 |
| Total | $11,389 | $136,668 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-08 | Listed for rent | $1,600 |
| 2026-04-20 | Price change | $1,695,000 |
| 2026-04-14 | Listed for sale | $1,600,000 |
| 2025-10-01 | Listing removed | $1,900,000 |
| 2025-06-23 | Listed for sale | $1,900,000 |
| 2018-04-30 | Sold | $1,525,000 |
| 2018-03-02 | Pending sale | $1,525,000 |
| 2018-02-28 | Listed for sale | $1,525,000 |
View on Zillow