1249 E 55th St, Los Angeles, CA 90011

Please note that both units are tenant occupied DRIVE BY ONLY Showings will be upon acceptance. Total Rent: $2,800 (Below market) with all tenants on a month to month lease. Some of the rent are below market so the monthly revenue can be higher. This is a Great income-producing investment with low costs! One of the few 2 unit properties with all Paying Tenants. Each unit has its own gas and electrical meter for easy rental. Cooper Plumbing throughout. The front unit is a 3 bedroom and 1 bath unit. Rear unit is a 2 bedroom 1 bath unit. The rear unit was destroyed in a fire and completely built brand new in 2006 fully up to code. The roof was completely redone in 2006 on both units. The total square footage for all units is 1,692. All units have parking spots in a designated parking area, 6 parking spots in total. This is a Great rental income potential With Plenty of potential space on a lot over 5,000 SF. Don't miss out on the opportunity to have (2) multi-rental unit building's. Great price, great opportunity, Won't last long! Both units are rented but it can be delivered vacant. Located in a very central area: Nearby schools, The closest grocery stores, Nearby coffee shops and restaurants. Near major freeways and public transport. The property has been well maintained and this is a no brainer to add this property to your income property portfolio. This property will not last!!!! Buyer to verify all details of property prior to the close of escrow.