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211 E 55th Street

Los Angeles, CA 90011

– beds
– baths
– sqft
4,888 sqft lot
1912 build
– on site

Rare opportunity to buy a building with 6 of 9 units delivered VACANT, giving a Buyer endless rental possibilities to hand pick their own tenants and generate substantial Day 1 cashflow! Diverse and top-heavy unit mix with (3) 2 Bed/1 Bath, (4) 1 Bed/1 Bath, and (2) Studio units. Of the 6 vacancies, 3 of them are remodeled and Section 8 move-in-ready, with the other 3 ready for a Buyer to renovate to their preference! Of the 3 occupied units, one (Unit #4, 1 Bed/1 Bath), has been remodeled and leased to Section 8 for $2,407/month! In addition to 4 renovated units, the building has undergone remodeled hallways & common areas, electrical repairs, and all 9A work (i.e. EQ shut off valves, carbon and smoke monoxide detectors, water heater strapping and low flush toilets) has been completed. The property is separately metered for gas & electricity, and, with no on-site laundry room, common area utilities will remain low to help sustain a great NOI. Tenants are just a close 2 miles away from the evolving Exposition Park that now features The Lucas Museum of Narrative Art to go along with BMO Stadium, LA Coliseum, California Science Center & Natural History Museum, and USC's campus.

Listed By CRMLS_CA / Jonathan Rawson / Avenue Realty Group

Last checked: Checking… • Last updated Jan 29, 2025 •

MLS# 25486731 —

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

Levels:

Two
Entry Location:

Main Level
Laundry:

None
Laundry:

1

Location

Directions:

East of Main Street, North of Slauson, West of Avalon
Latitude:

33.99269400
Longitude:

-118.27134100

The Property

Property Type:

Residential Income
Zoning:

LAR2
Lot Size Area:

4888.0000
Lot Size Dimensions:

40x122
Lot Size Acres:

0.1122
Lot Size SqFt:

4888.00
Security Features:

Gated Community
Additional Parcels:

No

Listing Agent

Contact info:

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
Parking Spaces:

1.00
Uncovered Spaces:

1.00

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
1/21/25 Jan 21, 2025	Listed / Active	CRMLS_CA	$1,795,000	88.9%
3/29/24 Mar 29, 2024		CRMLS_CA	$950,000	-20.5%
10/15/23 Oct 15, 2023		CRMLS_CA	$1,195,000

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This multifamily located in South LA, Los Angeles, CA 90011 is currently for sale for $1,795,000. 211 E 55th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 11 days. 211 E 55th Street is in the South LA neighborhood of Los Angeles and has a WalkScore® of 75, making it very walkable. This multifamily is in the attendance area of Nava College Preparatory Academy, Dr Maya Angelou Community Senior High, Estrella Elementary School, Thomas Jefferson Senior High, Santee Education Complex, and Los Angeles Academy Middle School.

Listing Courtesy of: CRMLS_CA and Avenue Realty Group. Based on information from California Regional Multiple Listing Service, Inc. as of 17:55 on Feb 01.

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.