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New construction
  • $1,495,000

    438 E 56th St, Los Angeles, CA 90011

    7beds
    4baths
    2,200sqft
    : 
    $9,523/mo
    Get pre-qualified
    Multi Family
    Built in 2024
    -- sqft lot
    $-- Zestimate®
    $680/sqft
    $-- HOA

    What's special

    AN INVESTOR'S DELIGHT! Fully RENTED Newer 4-PLEX in Los Angeles! Rebuilt from ground-up in 2024. Actual rents gross over $11,000 monthly! All on SECTION 8 to guarantee your rent! Look no further! This rare find will not last. ***Submit offers subject to interior inspection with pre-approval letter and proof of funds. Please do-not disturb tenants.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Toyin Olaoye DRE # 01446381 562-889-0057,

    Real Estate Source, Inc. 916-307-3444

    Source: CLAW,MLS#: 26875761MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      Bedroom
      • Level: Main,Lower
      Heating
      • Wall, Electric
      Cooling
      • Air Conditioning, Wall Unit(s)
      Appliances
      • Included: Free Standing Gas, Gas Oven, Electric Water Heater, Gas Water Heater
      • Laundry: In Unit, Gas Or Electric Dryer Hookup
      Features
      • Flooring: Laminate
      Interior area
      • Total structure area: 2,200
      • Total interior livable area: 2,200 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway
      • Carport spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Ground Level w/steps
      • Patio & porch: Front Porch
      Lot
      • Size: 5,096 Square Feet
      • Dimensions: 40 x 127
      Details
      • Additional structures: Accessory Bldgs
      • Parcel number: 5101004022
      • Zoning: LAR2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2024

      Utilities & green energy

      • Sewer: In Connected and Paid
      • Water: Water District
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Security: Gated, Carbon Monoxide Detector(s), Security Lights
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $680/sqft
      • Tax assessed value: $499,800
      • Date on market: 8/22/2026
      • Total actual rent: 135180
      • Tenant pays: Cable TV, Electricity, Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/22/2026Listed for sale$1,495,000+15%$680/sqft
        Source: CLAW #26875761 Report a problem
        10/3/2025Listing removed$3,000$1/sqft
        Source: Zillow Rentals Report a problem
        9/3/2025Listed for rent$3,000+1.7%$1/sqft
        Source: Zillow Rentals Report a problem
        9/3/2025Listing removed$2,950$1/sqft
        Source: Zillow Rentals Report a problem
        8/14/2025Listed for rent$2,950$1/sqft
        Source: Zillow Rentals Report a problem
        8/14/2025Listing removed$2,950$1/sqft
        Source: Zillow Rentals Report a problem
        8/2/2025Listed for rent$2,950-2.6%$1/sqft
        Source: Zillow Rentals Report a problem
        1/17/2025Sold$1,300,000-3.6%$591/sqft
        Source: CLAW #24-377657 Report a problem
        1/8/2025Contingent$1,349,000$613/sqft
        Source: CLAW #24-377657 Report a problem
        11/23/2024Listing removed$3,030$1/sqft
        Source: Zillow Rentals Report a problem
        11/6/2024Price change$1,349,000-3.6%$613/sqft
        Source: CLAW #24-377657 Report a problem
        10/9/2024Pending sale$1,399,000$636/sqft
        Source: CLAW #24-377657 Report a problem
        10/3/2024Listing removed$1,399,000$636/sqft
        Source: CLAW #24-377657 Report a problem
        9/30/2024Price change$1,399,000-0.1%$636/sqft
        Source: CLAW #24-377657 Report a problem
        9/25/2024Pending sale$1,400,000$636/sqft
        Source: CLAW #24-377657 Report a problem
        9/16/2024Listed for sale$1,400,000$636/sqft
        Source: CLAW #24-377657 Report a problem
        9/3/2024Contingent$1,400,000$636/sqft
        Source: CLAW #24-377657 Report a problem
        8/8/2024Pending sale$1,400,000$636/sqft
        Source: CLAW #24-377657 Report a problem
        7/24/2024Listed for rent$3,030-0.7%$1/sqft
        Source: Zillow Rentals Report a problem
        7/24/2024Listing removed--
        Source: Zillow Rentals Report a problem
        7/15/2024Listed for sale$1,400,000+185.7%$636/sqft
        Source: CLAW #24-377657 Report a problem
        6/21/2024Listed for rent$3,052$1/sqft
        Source: Zillow Rentals Report a problem
        6/21/2024Listing removed--
        Source: Zillow Rentals Report a problem
        6/11/2024Listed for rent$3,052$1/sqft
        Source: Zillow Rentals Report a problem
        6/11/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/16/2024Listed for rent$3,052$1/sqft
        Source: Zillow Rentals Report a problem
        7/12/2023Sold$490,000+292%$223/sqft
        Source: Public Record Report a problem
        3/15/2000Sold$125,000$57/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $1,326,000 +165.3%
        2025$6,213 +1%$499,800 +2%
        2024$6,151 +156%$490,000 +165.4%
        2023$2,403 +4.7%$184,637 +2%
        2022$2,295 +1.5%$181,018 +2%
        2021$2,262 -0.8%$177,469 +1%
        2020$2,280 $175,650 +2%
        2019$2,280 +7.7%$172,207 +2%
        2018$2,117 $168,832 +2%
        2017$2,117 +2.3%$165,522 +2%
        2016$2,069 +2.8%$162,278 +1.5%
        2015$2,012 +0.8%$159,842 +2%
        2014$1,996 $156,712 +2.5%
        2012-- $152,947 +2%
        2011-- $149,949 +9.5%
        2010-- $137,000 -8.2%
        2009-- $149,185 +2%
        2008-- $146,260 +2%
        2007-- $143,393 +2%
        2006-- $140,582
        2005-- $140,582 +4%
        2004-- $135,124 +1.9%
        2003-- $132,649 +2%
        2002-- $130,049 +850.2%
        2000-- $13,686
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Southeast Los Angeles

        Getting around

        72 / 100
        Very Walkable
        58 / 100
        Good Transit
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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