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1038 W 57th Street, Los Angeles, CA 90037

$1,595,000

$300 per ft²

8 Bed

8 Bath

5,320 Sq Ft

0.2093 Acres

Listing Office: BRC Advisors- BH

Image 1 of property listing at 1038 W 57th Street, Los Angeles, CA 90037

Image 2 of property listing at 1038 W 57th Street, Los Angeles, CA 90037

Image 3 of property listing at 1038 W 57th Street, Los Angeles, CA 90037

Image 4 of property listing at 1038 W 57th Street, Los Angeles, CA 90037

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 returns for an LA multifamily asset, positioning it as a strong alternative to lower-yield stabilized product while maintaining an attractive risk-adjusted profile. With a straightforward unit mix (all 1BR/1BA), efficient scale, and consistent performance, this asset is well-suited for both private investors and small-to-mid-sized operators seeking a low-friction acquisition with reliable income, long-term demand fundamentals, and meaningful yield in a supply-constrained rental market.

Listing Agent: Sam Grayeli

License Number: 01299288

Offered by: BRC Advisors- BH

Office Phone:

MLS: #26660031

California Regional MLS

Date Added: 03/04/2026 12:00:00 am

Last Update: 03/04/2026 11:54:48 pm

Days on Market: 2

Interior

General: Ceiling Fan(s)
Appliances: Disposal,Refrigerator
Laundry: None
Heating: true, Wall Furnace

Exterior

Parking: Parking spaces: 0

Construction

General: 1

Location

Originating MLS: CRMLS_CL
County: Los Angeles

Lot

Zoning: LARD1.5, 5002018006

Financial

Source: CRMLS_CL

Property

Year Built: 1928
Type: Multi-Family
Neighborhood: Vermont Slauson
Parcel #: 5002018006

03/04/2026$1,595,000@ 300 per ft²Listed

03/04/2026Active

Listing Broker

Tade Keshishyan

1 @

License #: 02190628

Email: [email protected]

Phone: 8183592303

Location: CA

Last Updated: 03/04/2026 11:54:48 pm

Offered by: Sam Grayeli, 01299288, 310-525-3711 @ BRC Advisors- BH

MLS: #26660031

Source: California Regional MLS

<IMG SRC='https://d37ukvrrv3in12.cloudfront.net/mls/logos/IDX_580_large.png' ALT='IDX'> Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.<BR><BR>The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by <A HREF='http://www.realtywatchsolutions.com/' TARGET='_blank'>RealtyWatch Solutions</A>. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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1038 W 57th Street, Los Angeles, CA 90037 is a 8 Bed, 8 Bath, 5,320 Sq Ft, 0.2093 Acres, Multi-Family built in 1928.

This property is currently available and was listed by California Regional MLS on 03/04/2026 12:00:00 am. The MLS # for the property is MLS #26660031.