Residential Income - 1309 E 55th Street, Los Angeles, CA

$1,060,000

1309 E 55th Street, Los Angeles, CA

1309 E 55th Street, Los Angeles, CA 90011 - $1,060,000 · Multi-Family Home for Sale, photo 3

1309 E 55th Street, Los Angeles, CA 90011 - $1,060,000 · Multi-Family Home for Sale, photo 4

1309 E 55th Street, Los Angeles, CA 90011 - $1,060,000 · Multi-Family Home for Sale, photo 5

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Description

TRIPLEX in the heart of LA near UCS with GREAT INCOME and VERY low operating expense. VERY LARGE 1 bdr/1bath (can be converted into two bedrooms) is getting $1900 (sect 8 tenant) in rental income, 2 bdr/1bath pays $2474 (sec 8 tenant), and 3 bdr/1bath is getting $3400 (sec 8 tenants). Monthly income of $7774 if you account for all units being occupied on ANNUALLY $93,288. All units in great condition, new plumbing and electrical, updated bathroom (two of units) and new flooring, double pane windows, new paint... All units have their own separate parking and gated parking spot, 3 seperate gas/ elecricity meters with 1 water meter. and the seller pays water only! Very low operating costs! This is THE BEST DEAL IN LOS ANGELES. Submit your offer TODAY!

Property details

Year built

1924

Property type

Residential Income

Lot size

5,022 sqft

Location

1309 E 55th Street • Los Angeles, CA 90011

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Listed by

Mazdak Sarehkhani · Mazdak Sarehkhani

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Closed sales reported in 90011, nearest first, last 12 months. All recent sales in Los Angeles →

Sale history for 1309 E 55th Street → (2 recorded sales)