438 E 56th St, Los Angeles, CA 90011 – 24-377657

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$1,349,000

Est. payment - /mo

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7 BD

4 BA

2,219 SqFt

Price Dropped by $50K

438 E 56th St Los Angeles, CA 90011

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

11/06/2024 07:21 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,219 sqft

Price per Sqft $607

MLS Listing ID 24-377657

Bedrooms 7

Year Built 2024

Lot Size 5,093 Sqft

Acres 0.117

Property Description

Introducing this amazing 4 unit multifamily property in turnkey condition in the South Park neighborhood of Los Angeles. Two buildings sit on the lot which are comprised of two duplexes: 'structure one' is completely brand-new construction and 'structure two' is a meticulously "studs up" renovation. The front structure underwent a complete overhaul and now consists of two modern 2 bd + 1 ba units. The rear structure is brand new construction with a mix of one 2 bd + 1 ba and one 1 bd + 1 ba ADUs. All units are separately metered for all utilities (water sub-metering) and include open floor plans, modern kitchens, air conditioning and hard wood flooring. Its central location provides investors an extensive tenant pool. USC is a short 3 mile drive, Downtown LA is minutes to the North and access to the 110 Freeway is less than a mile away.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Air Conditioning

Equipment Other

Exterior

Parking Features Driveway

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Remax Commercial and Investment Realty