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    123 E 55th Street

    Los Angeles (City), CA 90011
    • $699,000
    • STATUS: Pending
    • ON SITE: 18 days
    • MLS #: PW21004945
    Pending
    $699,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,992
      SQFT
    • $351
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1921
    County:

    School Ratings & Info

    Description

    Excellent opportunity to own this remodeled 3-Unit property in a prime area of Los Angeles. This mulit-family property is just miles away from the Los Angeles Memorial Coliseum, Banc of California Stadium and USC. The owners have spared no expense in upgrading the property including new paint inside and out, new flooring throughout, remodeled kitchens, remodeled bathrooms, new appliances, and termite repairs already completed. Unit 1 is a spacious 2 Bed/1.5 Bath, Unit 2 is a 4 bed/1.75 bath and Unit 3 is 1 bed/1bath. Huge rental upside in a very high demand rental market. Per tax assessor property is 4 bed 3 bath; However, property is currently 7 bedroom 5 bath. Buyer and Buyer's agent to investigate further regarding legality of any additions or modifications.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-28T00:26:43.047. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

    www.desertareahomesforsale.com/homes/113128652
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    123 E 55th Street Los Angeles (City), CA 90011

    • Price: $699,000
    • Status: Pending
    • MLS #: PW21004945
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1,992
    SQFT
    $351
    $/SQFT
    1921
    Built
    Neighborhood:
    C37 - Metropolitan South
    County:
    Los Angeles
    Area:
    C37 - Metropolitan South
    Property Description
    Excellent opportunity to own this remodeled 3-Unit property in a prime area of Los Angeles. This mulit-family property is just miles away from the Los Angeles Memorial Coliseum, Banc of California Stadium and USC. The owners have spared no expense in upgrading the property including new paint inside and out, new flooring throughout, remodeled kitchens, remodeled bathrooms, new appliances, and termite repairs already completed. Unit 1 is a spacious 2 Bed/1.5 Bath, Unit 2 is a 4 bed/1.75 bath and Unit 3 is 1 bed/1bath. Huge rental upside in a very high demand rental market. Per tax assessor property is 4 bed 3 bath; However, property is currently 7 bedroom 5 bath. Buyer and Buyer's agent to investigate further regarding legality of any additions or modifications.
    Exterior Features

    Garage Spaces 1.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type AlleyCity Street Spa Features None Spa YN No Uncovered Spaces 1.00 View None View YN No

    Interior Features

    Appliances Gas RangeMicrowave Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling None Cooling YN No Flooring LaminateTile Heating Wall Furnace Heating YN Yes Laundry Features In Garage Room Type Kitchen

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalksStreet Lights Country Us Elevation Units Feet Gross Income 74400.00 Gross Scheduled Income 74400.00 Insurance Expense 1946.00 Land Lease YN No Laundry YN Yes Net Operating Income 67688.00 New Construction YN No New Taxes Expense 5512.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number With Range 3 Operating Expense 6712.00 Rent Control YN Yes Security Features Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 8658.00 Trash Expense 0.00 Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor Zoning Lar2

    Listing provided courtesy of Harry Bawaan of The Realty Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-28T00:26:43.047. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

     
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