1409 W 55th St, Los Angeles, CA 90062

Incredibly low expenses. High CAP rate. Completely rebuilt! Certificate Of Occupancy issued February 2020 converting the front structure from 4 units into 8. All 1 bedroom 1 bathroom. There is an additional stand alone unit above the garages in the back structure that consists of 3 bedrooms and 2 baths. Completely remodeled from electric, plumbing, and building systems to new floors, new kitchens and new bathrooms. Everything has been redone. There are five private garages that are all leased separately and on site washer and dryer to add cash flow monthly. Great opportunity in the heart of Exposition Park with exploding rents and property values. Just minutes from USC and the expo line. One garage vacant. OM available upon request.