1038 W 57th Street, Los Angeles, CA 90037

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
1038 W 57th Street,Los Angeles, CA 90037
$1,595,000
  • 8 Beds
  • 8 Baths
  • 5,320 sq. ft.
  • Multi-family
  • Active
Listed by: sam grayeli, ian hollinger
Office: brc advisors- bh
MLS#:26660031
Source:CRMLS

Price summary

  • Price:$1,595,000
  • Price per sq. ft.:$299.81

About this home

1038 W. 57th Street, Los Angeles, CA 90037 presents a rare combination of stability, yield, and simplicity in a core infill Los Angeles location. This eight-unit multifamily property is comprised of eight (8) spacious 1-bedroom / 1-bathroomresidences and totals approximately 5,320 square feet of gross rentable area on a 9,115 square foot lot. The building is currently 100% occupied and operating with strong, consistent cash flow, anchored by Section 8 tenancy that supports dependable collections and reduced volatility relative to typical market-rate assets. Offered as a true stabilized hold, the property delivers immediate, in-place income with minimal operational disruption ideal for investors prioritizing durable cash flow from day one. The combination of full occupancy, proven rent performance, and Section 8 support creates a defensive income profile with inherently lower vacancy and credit risk. At a 9.35 GRM and a 7.43% cap rate, 1038 W. 57thStreet offers compelling going-in...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1928
  • Listing ID #:26660031
  • Added:51 day(s) ago
  • Updated:April 25, 2026 at 10:33 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Kitchen Description:Disposal, Refrigerator
  • Living area:5,320 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1928
  • Building area:5,320 sq. ft.
  • Lot area:0.21 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$1,595,000
  • Price per sq. ft.:$299.81

Features and amenities

  • Appliances:Disposal
  • Amenities:Ceiling Fans
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Better Homes and Gardens Real Estate Town Center is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Town Center, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

New listings near 1038 W 57th Street