147 E 55th, Los Angeles, CA 90011
- $890,000
Listing courtesy of Listing Agent: Derek Fowler (dfowler@remax.net) from Listing Office: Re/Max Commercial & Investment.
- List Price
- $890,000
- Status
- ACTIVE
- Days on Market
- 109
- MLS#
- SB26086678
- Subtype
- Residential Income
- Year Built
- 1964
- Lot Size
- 4,836
- Acres
- 0.11
- MLS Area Major
- Downtown L.A. (C42)
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.
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Additional Information
- Taxes
- $8,797
- Zoning
- LAR2
- Heating
- Natural Gas
- Pool Type
- None
- Parking Features
- Assigned, Driveway, On Site, Uncovered
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.