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1061 W 57th Street — Los Angeles — 4 Beds • 12 Baths • 6,997 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+2 more

$1,600,000

0 DOM

$229/sqft4 bd12 ba6,997 sqft

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1061 W 57th St Los Angeles, CA 90037

5,170sqft lot

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.

MLS 26724037

310-425-9838 (Office) 310-467-7581 (Cell) peter@lyonstahl.com

Est. payment

$10,224/mo

Principal & interestTaxesInsurance

$8,090$1,667$467

Down %

Rate %

Years

Down payment: $320,000 · Total cost: $3,232,569

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$10,224/mo

Principal & interest: $8,090
Est. property tax: $1,667
Est. insurance: $467
Down payment: $320,000

Est. gross rent$6,667/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-3,557/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 14, 2026	$1,600,000	—

Facts & Features

Structure & Property

Year Built1929

310-425-9838 (Office) 310-467-7581 (Cell) peter@lyonstahl.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

1061 W 57th Street, Los Angeles, CA 90037

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Call

1061 W 57th St Los Angeles, CA 90037

About this home

Peter James

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Peter James

Sale & Tax History

No Recent Sales History

Location

Listing Agent

Presented by Belmont Brokerage Inc.

1061 W 57th Street, Los Angeles, CA 90037

About This Property

Property Photos

Location

1061 W 57th St Los Angeles, CA 90037

About this home

Peter James

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Peter James

Sale & Tax History

No Recent Sales History

Location

Listing Agent

Presented by Belmont Brokerage Inc.