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$890,000
Est. payment /mo
8 Beds
4 Baths
4,836 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26086678
Bedrooms 8
Lot Size 4,836 Sqft
Lot Dimensions 40x120.83
Property Sub-Type Res Income 2-4 Units
Property Description
This well-maintained fourplex at 147 E 55th Street offers an excellent opportunity in a high-density Los Angeles submarket. Built in 1964 and featuring a newer roof, the property consists of four spacious 2-bedroom, 1-bathroom units. The 4,836 SQFT lot provides dedicated rear parking for each unit. Benefiting from years of professional management, the building is primed for stability, long-term rent growth and upon vacancy turnover a +/-70% upside in rents. Tenants enjoy effortless commuting with quick access to major freeways, placing Downtown LA, USC, and SoFi Stadium just minutes away.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction north of Slauson Ave & just east of Main Street
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5101014015
Acceptable Financing Cash
Listing Terms Cash
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Listed by Derek Fowler, DRE#01319692 Re/Max Commercial & Investment
Nearby Locations
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908