147 E 55th, Los Angeles, CA 90011

$890,000

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List Agent Derek Fowler () 310.937.5764 Re/Max Commercial & Investment; CoList ()

List Price
$890,000
Status
ACTIVE
MLS#
SB26086678
Year Built
1964
Lot Size
4,836
Lot Location
0-1 Unit/Acre
Days on Market
102
Property Type
Multifamily
Property Sub Type
Quadruplex

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.

Additional Information

Taxes
$8,797
Pool Description
None
Heat
Natural Gas
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.