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.
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
Owner options
What's special
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#: 24-377657
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