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1386 E 55th Street

Los Angeles, CA 90011

– beds
– baths
– sqft
5,201 sqft lot
1961 build
– on site

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 sell—don't miss out on this excellent investment opportunity!

Listed By CRMLS_CA / Mark Perez / Circle Real Estate / 562-754-0660

Last checked: Checking… • Last updated Nov 13, 2024 •

MLS# RS24209904 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1961
Year Built Source:

Public Records
New Construction:

No
Entry Level:

1
Common Walls:

1 Common Wall
Building Area Total:

2490.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

3
Stories Total:

1
# of Separate Gas Meters:

3
# of Separate Water Meters:

1
# of Separate Electric Meters:

3

Interior

Entry Location:

bottom
Fireplace:

No
Fireplace:

None
Laundry:

See Remarks
Laundry:

1

Location

Directions:

Ascot and 55th
Latitude:

33.99274500
Longitude:

-118.25008900

The Property

Property Type:

Residential Income
Subtype:

Triplex
Zoning:

LAR2
Lot Features:

0-1 Unit/Acre
Lot Size Area:

5201.0000
Lot Size Acres:

0.1194
Lot Size SqFt:

5201.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

E
Tax Census Tract:

2291.00
Tax Tract:

2291
Tax Lot:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5104019001
Showings Begin:

2024-10-11

Heating & Cooling

Heating:

1
Heating:

Central

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Urban
Pool:

None
Private Pool:

No
Association:

No

Parking

Parking Spaces:

4.00
Uncovered Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/13/24 Nov 13, 2024	Pending	CRMLS_CA	$680,000
10/11/24 Oct 11, 2024	Listed / Active	CRMLS_CA	$680,000	83.8% (7.9% / YR)
9/5/24 Sep 5, 2024	Listed / Active	BRIDGE

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This multifamily located in South LA, Los Angeles, CA 90011 is currently pending sale for $680,000. 1386 E 55th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 44 days. 1386 E 55th Street is in the South LA neighborhood of Los Angeles and has a WalkScore® of 64, making it somewhat walkable. This multifamily is in the attendance area of Santee Education Complex, Thomas Jefferson Senior High, Los Angeles Academy Middle School, Dr Maya Angelou Community Senior High, Nava College Preparatory Academy, and Hooper Avenue Elementary School.

Listing Courtesy of: CRMLS_CA and Circle Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 17:06 on Nov 24.

This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.