1144 W 57th Street
Los Angeles, CA 90037

1144 W 57th St is a renovated 4-Plex comprised of all 2-Bed/1-Bath Units and delivered with 3 tenant ready units. Plansfor an additional 2-Bed/2-Bath ADU will be deliveredRTI at the close of escrow. This 4+1 unit building islocated in a rapidly growing submarket of Los Angeleswith plenty of value for an investor or owner/userlooking to increase the value. The subject property islocated in the 90037 zip code and currently priced at a5.81% cap rate! After the addition of the ADU, thesubject property will operate at a 7.03% cap rate,including conservative construction costs.With three units currently renovated andtenant ready, this asset will immediately cash flow andis fit for any investor looking for stable income and theopportunity to add value through the process of ADUs.Located in the 90037 Zip code, the subject propertyis steps from the new recreational development at5800 Figueroa, as well as new apartmentdevelopments in the subpocket.