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Los Angeles, CA 90011,1386 E 55th ST
Los Angeles, CA 90011,1386 E 55th ST
Los Angeles, CA 90011,1386 E 55th ST
$660,000
Est. payment /mo
$680,000
2.9%
Est.Price: ?

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5,201 Sqft Lot
SOLD DATE : 12/10/2024

Key Details

Sold Price $660,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID RS24209904

Year Built 1961

Lot Size 5,201 Sqft

Property Description

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!

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR2

Interior

Heating Central

Fireplaces Type None

Laundry See Remarks

Exterior

Pool None

Community Features Urban

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Mark Perez • Circle Real Estate • 562-754-0660
Bought with Elmer Indrawan • Top Producers Realty Partners
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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