234 East 55th Street in South LA comprises six one-bed/one-bath cottages and a commercial space currently occupied by a meat market. The 10,601-square foot corner lot also offers on-site parking for the market.
234 East 55th Street is located in South Los Angeles across from the South LA Wetlands, one block to Synergy Quantum Academy High School, and conveniently near the 110 Freeway.
This offering presents an investor a great opportunity to capture 25 percent rental upside in a strong rental market.
Sold for $1,250,000 on 10/01/24
Listing Provided by:
Steven Bogoyevac DRE #01332755 steve.bogoyevac@marcusmillichap.com,
Steven M. Bogoyevac, Broker
Bought with: Steven M. Bogoyevac, Broker
$1,250,000
234 E 55th St, Los Angeles, CA 90011
6beds
7baths
4,576sqft
Mixed Use
Built in 1923
-- sqft lot
$1,230,600 Zestimate®
$273/sqft
$3,950 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 08:37pm
Listing Provided by:
Steven Bogoyevac DRE #01332755 steve.bogoyevac@marcusmillichap.com,
Steven M. Bogoyevac, Broker
Bought with:
Steven Bogoyevac, DRE #01332755
Steven M. Bogoyevac, Broker
Source: CRMLS,MLS#: PW24153263
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
Appliances
- Laundry: None
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,576
- Total interior livable area: 4,576 sqft
Property
Parking
- Total spaces: 4
- Uncovered spaces: 4
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 10,601 sqft
- Features: Corner Lot
Details
- Parcel number: 5101016001
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- New construction: No
- Year built: 1923
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
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Estimated market value
$1,230,600