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344 W 57th St, Los Angeles, CA 90037

Sale Price: $670,000
Aug 8, 20241,260 sqft3 beds2 baths
Listed by: Jacquelyn Hu
License #: 02026280
Phone #: 424-500-4933
Keller Williams Realty
Source:
CRMLS Logo
MLS #: 24425743

Property Description

Situated just blocks away from the vibrant heart of DTLA, this versatile and remodeled property offers a unique opportunity that caters perfectly to investors, large families, or first-time homebuyers! Currently configured as two separate units (which can be easily combined back into one), this charming single-family home also includes a remodeled trailer in the backyard. All three units provide great rental income. The gated front yard boasts a welcoming front courtyard, providing a peaceful retreat amidst the urban setting. The first unit features 3 bedrooms and 1 bath, ideal for families seeking comfort and space. Beautiful flooring throughout adds warmth and elegance to the living spaces. The kitchen boast great natural light and features everything you need! Other conveniences include a hallway closet with shelving and washer dryer hook ups. The second unit offers a remodeled 1-bedroom unit with ample space, perfect for individuals or couples looking for a comfortable living space. Like the other unit, it also comes fully equipped with essential appliances and beautiful flooring, creating a seamless blend of functionality and style. In the backyard is a remodeled trailer, which has been used as an Airbnb as well as a long term rental. With its prime location, versatile units, and thoughtful amenities, this property presents a fantastic opportunity for investors or those looking to live in one unit while renting out the others. Don t miss out on the chance to make this property your own!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,818

TurboHome Estimated Value

$690,100

$548 sqft

High Valuation
$724,605
$575/sqft
Normal Valuation
$690,100
$548/sqft
Low Valuation
$655,595
$520/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$548/sqft$690,100

Neighborhood: Southeast Los Angeles

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Comparative Value

$515K

$580K

$659K

$760K

163 W 55th St, Los Angeles, CA 90037

Sale Price: $515,000

Selected Comparable

4721 Wall St, Los Angeles, CA 90011

Sale Price: $580,000

Selected Comparable

344 W 57th St, Los Angeles, CA 90037

List Price: $659,000

Subject Property

344 W 57th St, Los Angeles, CA 90037

Sale Price: $670,000

Selected Comparable

132 E 60th St, Los Angeles, CA 90003

Sale Price: $680,000

Selected Comparable

383 W 47th St, Los Angeles, CA 90037

Sale Price: $760,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
344 W 57th St, Los Angeles, CA 90037

344 W 57th St, Los Angeles, CA 90037

List: $659,000

Listed: 8/8/2024

Area:1,260 sqft
Price/sqft:$523
Beds:3
Baths:2
Year Built:
Lot Size:3,032

Comparable Properties

COMPARABLE
Choose comps
344 W 57th St, Los Angeles, CA 90037

344 W 57th St, Los Angeles, CA 90037

Sale: $670,000

2/18/20250.00 mi

Area:1,260 sqft
Price/sqft:$532
Beds:3
Baths:2
Year Built:
Weight:22.9%
383 W 47th St, Los Angeles, CA 90037

383 W 47th St, Los Angeles, CA 90037

Sale: $760,000

6/11/20250.70 mi

Area:1,192 sqft
Price/sqft:$638
Beds:3
Baths:2
Year Built:
Weight:21.6%
163 W 55th St, Los Angeles, CA 90037

163 W 55th St, Los Angeles, CA 90037

Sale: $515,000

4/9/20250.27 mi

Area:1,288 sqft
Price/sqft:$400
Beds:3
Baths:1
Year Built:
Weight:19.8%
4721 Wall St, Los Angeles, CA 90011

4721 Wall St, Los Angeles, CA 90011

Sale: $580,000

12/13/20240.83 mi

Area:1,268 sqft
Price/sqft:$457
Beds:3
Baths:1
Year Built:
Weight:18.1%
132 E 60th St, Los Angeles, CA 90003

132 E 60th St, Los Angeles, CA 90003

Sale: $680,000

10/4/20240.55 mi

Area:1,532 sqft
Price/sqft:$444
Beds:3
Baths:2
Year Built:
Weight:17.7%

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