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1061 W 57th St
Los Angeles, CA 90037 Vermont Harbor

$1,695,000 USD

Apartments For Sale  •  6,997 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,997 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1929
  • Zoning LARD2
70 Transit Score
60 Walk Score

Highlights

Excellent current cap rate offering investor cash flow day one with huge upside potential
Great unit mix consisting of (1) 2 Bed / 1 Bath, (8) 1 Bed / 1 Bath and (3) Studio / 1 Bath units spread out over 6,997 square feet
Upside potential with rents well below market. Delivered with 4 vacancies.
Strategically located in an area that has seen growth and is located in close proximity to the major business hubs of Los Angeles

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Laundry Facilities
  • Microwave
  • Tenant Controlled HVAC
  • Heating
  • Storage Space
  • Freezer
  • Public Transportation
  • Individual Locking Bedrooms
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
13 min - 7.7 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 7.9 mi
AirportDriveWalkDistance
Los Angeles International 18 min - 8.9 mi
Bob Hope 31 min - 17.4 mi
Long Beach (Daugherty Field) 26 min - 18.7 mi
Peter James 310-467-7581 Lyon Stahl Investment Real Estate
Peter James 310-467-7581 Lyon Stahl Investment Real Estate