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Sold for $1,300,000 on 01/17/25
  • $1,300,000

    438 E 56th St, Los Angeles, CA 90011

    7beds
    4baths
    2,219sqft
    Multi Family
    Built in 2024
    -- sqft lot
    $1,278,100 Zestimate®
    $586/sqft
    $3,550 Estimated rent

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    $3,550/mo

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    $3,550/mo

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    $8,094/mo

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    $8,094/mo

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    What's special

    Introducing this amazing 4 unit multifamily property in turnkey condition in the South Park neighborhood of Los Angeles. Two buildings sit on the lot which are comprised of two duplexes: 'structure one' is completely brand-new construction and 'structure two' is a meticulously "studs up" renovation. The front structure underwent a complete overhaul and now consists of two modern 2 bd + 1 ba units. The rear structure is brand new construction with a mix of one 2 bd + 1 ba and one 1 bd + 1 ba ADUs. All units are separately metered for all utilities (water sub-metering) and include open floor plans, modern kitchens, air conditioning and hard wood flooring. Its central location provides investors an extensive tenant pool. USC is a short 3 mile drive, Downtown LA is minutes to the North and access to the 110 Freeway is less than a mile away.

    Zillow last checked: 8 hours ago

    Listing updated: January 17, 2025 at 06:14am

    Listed by:

    Enrique Viramontes DRE # 01372010 213-233-4363,

    Remax Commercial and Investment Realty 213-817-1000

    Bought with:

    Toyin Olaoye, DRE # 01446381

    Real Estate Source, Inc.

    Source: CLAW,MLS#: 24-377657MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Wall
    Cooling
    • Air Conditioning
    Interior area
    • Total structure area: 2,219
    • Total interior livable area: 2,219 sqft

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 5,096 sqft
    • Dimensions: 40 x 127
    Details
    • Additional structures: None
    • Parcel number: 5101004022
    • Zoning: LAR2
    • Special conditions: Standard
    • Other equipment: Other

    Construction

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

    Community & neighborhood

    Location
    • Region: Los Angeles
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    Estimated market value
    $1,278,100