845 W 56th Street Los Angeles, CA $ 1,249,999
845 W 56th Street
$ 1,249,999
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845 W 56th Street

Los Angeles, CA, 90037
$ 1,249,999
Baths1.0 Sq 2,456

Monthly Estimate*

$ 7,893

Listed by LPT Realty, Inc
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,249,999 with 1 full bath. This 2,456 square foot home was built in 1924 on a lot size of 0.1176.

Rare opportunity to acquire a fully remodeled triplex in the heart of Los Angeles featuring extensive permitted improvements completed in 2024. The property offers investors immediate cash flow with market rents already in place. For owner-users, the seller may deliver the property vacant, creating a unique opportunity to occupy one or more units while benefiting from rental income. The property consists of a spacious front residence and two rear units, all thoughtfully renovated with modern finishes throughout. Recent upgrades include remodeled kitchens and bathrooms, updated flooring, recessed lighting, dual-pane windows, a new roof, HVAC improvements, and a permitted ADU conversion. The front residence showcases an impressive open-concept floor plan with soaring vaulted ceilings, designer lighting, a large center island, and contemporary finishes that create a true single-family home feel. The rear units have also been extensively remodeled, providing turnkey living and strong rental appeal. Additional features include six on-site parking spaces, LAR2 zoning, separate living areas, and a prime location with convenient access to USC, Exposition Park, Downtown Los Angeles, major freeways, shopping, dining, and employment centers. Whether you’re seeking a turnkey investment, a multigenerational living opportunity, or an owner-user property with income potential, 845 W 56th Street offers flexibility, quality, and long-term value.

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Multi-Family Active

Price

$ 1,249,999

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1176

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW26132132

Days on Market

8

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Possession Close Of Escrow
Roof Composition Shingle
Appliances ENERGY STAR Qualified Appliances ENERGY STAR Qualified Water Heater Gas Cooktop Disposal Gas Oven Refrigerator Vented Exhaust Fan Water Heater
Zoning R2-1-CPIO
Garage Spaces 0
Architectural Style Contemporary Craftsman Modern Traditional
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1924
Electric Standard
Tenant Pays Electricity Gas
View None
Stories Count 2
Levels Two
Property Subtype Triplex
Gross Income 7600
Community Features Urban Park
County Los Angeles
Net Operating Income 56316
Operating Expense 30324
Insurance Expense 0
New Construction false
Property Type Residential Income
Energy Efficient Appliances Water Heater
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions EXIT SLAUSON RIGHT ON HOOVER LEFT ON 56TH
City Los Angeles
Disclosures Accessory Dwelling Unit
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 6
Number Of Units Total 3
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 5122
Number of Units Leased 3
Listing Terms Cash Cash to New Loan Conventional FHA VA Loan
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Property Condition Additions/Alterations Updated/Remodeled
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 298
Total Actual Rent 7600
Property Sub Type Additional Triplex
Cap Rate 4.51
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Interior
Interior Amenities Ceiling Fan(s) Cathedral Ceiling(s) High Ceilings Open Floorplan Quartz Counters Recessed Lighting All Bedrooms Down Bedroom on Main Level Main Level Primary Walk-In Closet(s)
Flooring Vinyl
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows ENERGY STAR Qualified Windows
Fireplace Y/N false
Laundry Features Washer Hookup
Entry Level 1
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Exterior
Fencing Privacy Wood
Parking Features Concrete Driveway Level Driveway Gated On Site Paved Private Tandem Uncovered
Lot Features 0-1 Unit/Acre No Landscaping Near Park
Water Source Public
Total Parking 6
Inclusions appliances
Lot Size Area 5122
Number of Buildings 2
Spa false
Building Area Total 2456
Lot Size Acres 0.1176
Private Pool false
Lot Size Source Assessor
Door Features Insulated Doors Panel Doors
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Lpt Realty, Inc

Broker

rose.pena1021@gmail.com

Email

Affordability Calculator

$7,893
Per Month
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Monthly Principal & Interest
$7,893
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Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/23/2026$1,249,999 Listed Price

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845 W 56th Street, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $1,249,999 with 2,456 sqft and a lot size of 0.1176. 845 W 56th Street is a studio with 1.0 baths and was built in 1924. The property's zip code is 90037 which is in Los Angeles, CA