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1386 E 55th ST Los Angeles, CA 90011
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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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Bought with Elmer Indrawan • Top Producers Realty Partners