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Sold for $660,000 on 12/10/24
  • Listing Provided by: 

    Mark Perez DRE #01279393 562-754-0660,

    Circle Real Estate,

    Gabriel Mejorado DRE #02113110,

    Circle Real Estate

    Bought with: Top Producers Realty Partners
    $660,000

    1386 E 55th St, Los Angeles, CA 90011

    6beds
    4baths
    2,490sqft
    Triplex
    Built in 1961
    -- sqft lot
    $649,100 Zestimate®
    $265/sqft
    $3,368 Estimated rent

    Owner options

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    $3,368/mo

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    $3,368/mo

    Rent Zestimate®

    Refinance and save

    $4,054/mo

    Est. payment

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    $4,054/mo

    Est. payment

    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: December 10, 2024 at 04:51pm

    Listing Provided by:

    Mark Perez DRE #01279393 562-754-0660,

    Circle Real Estate,

    Gabriel Mejorado DRE #02113110,

    Circle Real Estate

    Bought with:

    Elmer Indrawan, DRE #02127147

    Top Producers Realty Partners

    Source: CRMLS,MLS#: RS24209904MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Central
    Appliances
    • Laundry: See Remarks
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,490
    • Total interior livable area: 2,490 sqft

    Property

    Parking
    • Total spaces: 4
    • Uncovered spaces: 4
    Features
    • Entry location: bottom
    • Pool features: None
    Lot
    • Size: 5,201 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5104019001
    • Zoning: LAR2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Urban
    Location
    • Region: Los Angeles

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional
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    Estimated market value
    $649,100