223 E 55th Street Los Angeles, CA ^$ 950,000

223 E 55th Street

^$ 950,000

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223 E 55th Street

Los Angeles, CA, 90011

^$ 950,000

Bedrooms5 Baths3.0 Sq 2,052

Monthly Estimate*

^$ 6,314

Listed by Advocates Realty Group, Inc.

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223 E 55th Street, Los Angeles, CA 90011 - Image 9

223 E 55th Street, Los Angeles, CA 90011 - Image 10

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223 E 55th Street, Los Angeles, CA 90011 - Image 12

223 E 55th Street, Los Angeles, CA 90011 - Image 13

223 E 55th Street, Los Angeles, CA 90011 - Image 14

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223 E 55th Street, Los Angeles, CA 90011 - Image 19

Multi-Family Home for sale in Los Angeles, CA

for $950,000 with 5 bedrooms and 3 full baths. This 2,052 square foot home was built in 1921 on a lot size of 0.1127.

With a prime location, this property provides easy access to amenities, schools, and parks, further enhancing its allure. Whether you're seeking a premium family home or an investment opportunity, this remodeled duplex offers both the comfort of modern living and potential for additional rental income. Tenants can move out if you will live in this property. Current tenants paid on time. Every year rental will be raised 4 -6%. This property is duplex; while technically 3 units, it comprises 2 permitted and 1 without permits fully recently remodeled units ensuring utmost convenience. This property is a fully remodeled duplex spanning 2,052 square feet on a spacious 4,909 square foot lot, this property embodies modern elegance and investment potential. Boasting 5 bedrooms and 3 baths, seems like 2 building independently with 3 car garage and there are 2 or 3 uncovered spaces.

Multi-Family Active

Price

^$ 950,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.1127

Year Built

1921

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW24106219

Days on Market

Features

General

Sewer PublicSewer

Cooling WallWindowUnits

Utilities ElectricityAvailable PhoneConnected SewerConnected WaterConnected

Possession ClosePlus1Day

Appliances GasOven GasRange Microwave

Zoning LAR2

HOA 0.0

Garage Spaces 3.0

Pool Features None

Year Built 1921

Tenant Pays AllUtilities

Stories 1

Levels One

Property SubType Duplex

Gross Income 46356.0

Community Features Urban

County Los Angeles

Net Operating Income 46356.0

Operating Expense 780.0

Insurance Expense 500.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions San Pedro St and E 55th St

City Los Angeles

Entry Location 1

View Y/N N

Senior Community Y/N N

Open Parking Spaces 3.0

NumberOfUnitsTotal 2

MLS Area C34 - Los Angeles Southwest

Lot Size Units SquareFeet

Lot Size Square Feet 4909.0

Private Pool N

Waterfront Y/N N

Carport Y/N Y

Listing Terms Cash Conventional Item1031Exchange FHA VALoan

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Current Financing Conventional

Fuel Expense 0.0

Trash Expense 80.0

Water Sewer Expense 200.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 2

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot 6

Property Sub Type Additional Duplex

Exterior

Parking Features AttachedCarport

Lot Features Item25UnitsAcre

Water Source Public

Total Parking 6.0

Lot Size Area 4909.0

Number of Buildings 1

Spa N

Building Area Total 2052.0

Lot Size Acres 0.1127

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 1

Number of Separate Electric Meters 2

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 1

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N N

Fireplace Y/N N

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 223

* Excluded Features

List By

Advocates Realty Group, Inc.

Broker

(949) 573-5520

Phone

Affordability Calculator

$6,314

Per Month

Monthly Principal & Interest: $6,314
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,995,126

Percent of Sale Price 110%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/25/2024	$950,000		Listed Price

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223 E 55th Street, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $950,000 with 2,052 sqft and a lot size of 0.1127. 223 E 55th Street has 5 bedrooms, 3.0 baths, and was built in 1921. The property's zip code is 90011 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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223 E 55th Street

Multi-Family Home for sale in Los Angeles, CA

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