211 E 55th Street
Los Angeles, CA 90011
- – beds
- – baths
- – sqft
- 4,886 sqft lot
- 1912 build
- 557 days on site
More homes
211 E 55th Street is 9 units in South LA, and just a quick drive to all of the developments and community attractions at Exposition Park, USC and DTLA. Unit mix is (3) 2+1's, (4) 1+1's and (2) Singles. Large value add offering at only $132k per door, 11.87 GRM on current rents, and $256 per RSF. Substantial rental upside at 105%, conservatively, with a 5.82 GRM and 12.61% cap rate at stabilized rents. All units are separately metered for gas & electricity. Great opportunity for a long-term hold Buyer to capture upside and reposition the asset while getting in at a great pricing basis. Tenants enjoy easy access and mobility around LA by being blocks from the 110 Freeway entrance/exits. **This property is part of a 3-building portfolio with 1861 W MLK Jr Blvd (12 Units) and 709 E 49th Street (2 Units). All 3 can be bought together or separate.**
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jan 21, 2025
•
MLS# 23305631 —
The Building
-
Year Built:1912
-
New Construction:No
-
Building Area Total:4660.00
-
Total Number Of Units:9
-
# of Buildings:1
-
Stories Total:2
Interior
-
Features:Ceiling Fan(s)
-
Levels:Two
Location
-
Directions:North of Slauson, West of Avalon, East of 110 Fwy
-
Latitude:33.99269900
-
Longitude:-118.27135300
The Property
-
Property Type:Residential Income
-
Zoning:LAR2
-
Lot Size Area:4886.0000
-
Lot Size Dimensions:40x122
-
Lot Size Acres:0.1122
-
Lot Size SqFt:4886.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:5101013021
Heating & Cooling
-
Heating:1
-
Heating:Wall Furnace
Appliances
-
Included:Yes
The Community
-
Association:No
-
Senior Community:No
-
Assessments:No
Parking
-
Parking:No
-
Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/29/24
Mar 29, 2024
|
Sold | CRMLS_CA | $950,000 | -20.5% |
|
10/15/23
Oct 15, 2023
|
Pending | CRMLS_CA | $1,195,000 | |
|
9/21/23
Sep 21, 2023
|
Sold Subject To Contingencies | CRMLS_CA | $1,195,000 |
