Los Angeles, CA 90011,1386 E 55th Street
$660,000
Est. payment /mo
$680,000
2.9%
Est.Price: ?

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6 Beds
4 Baths
5,201 Sqft Lot
SOLD DATE : 12/10/2024

Key Details

Sold Price $660,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID RS24209904

Sold Date 12/10/24

Bedrooms 6

HOA Y/N No

Lot Size 5,201 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

This income-producing triplex features a large single-structure front house with 2 bedrooms and 1.5 bathrooms, along with a detached 2-car garage. Additionally, the property includes a separate rear duplex structure consisting of two 2-bedroom, 1-bathroom units. Ample parking is available, and the property is gated for privacy. All units are fully occupied by long-term, stable tenants, providing immediate rental income. The property will be sold tenant-occupied and will not be delivered vacant. Conveniently located near schools, shopping centers, downtown LA, LA Live, Staples Center, grocery stores, restaurants, coffee shops, parks, and with easy access to major freeways. Offers great upside rental potential in a highly desirable metropolitan location. Ideal for both seasoned investors and first-time buyers looking for a reliable income stream. Priced to selldon't miss out on this excellent investment opportunity!
This income-producing triplex features a large single-structure front house with 2 bedrooms and 1.5 bathrooms, along with a detached 2-car garage. Additionally, the property includes a separate rear duplex structure consisting of two 2-bedroom, 1-bathroom units. Ample parking is available, and the property is gated for privacy. All units are fully occupied by long-term, stable tenants, providing immediate rental income. The property will be sold tenant-occupied and will not be delivered vacant. Conveniently located near schools, shopping centers, downtown LA, LA Live, Staples Center, grocery stores, restaurants, coffee shops, parks, and with easy access to major freeways. Offers great upside rental potential in a highly desirable metropolitan location. Ideal for both seasoned investors and first-time buyers looking for a reliable income stream. Priced to selldon't miss out on this excellent investment opportunity!

Location

State CA

County Los Angeles

Area Los Angeles (90011)

Zoning Public Rec

Building

Story 1

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $34

Acceptable Financing Cash, Conventional

Space Rent $1,656

Listing Terms Cash, Conventional

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Mark Perez • Circle Real Estate
Bought with Elmer Indrawan • Top Producers Realty Partners
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“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

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3555 5th Avenue 3rd Floor, San Diego, CA 92103

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