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Residential Income - 147 E 55th, Los Angeles, CA

$890,000

147 E 55th, Los Angeles, CA

147 E 55th, Los Angeles, CA 90011 - $890,000 · Multi-Family Home for Sale, photo 1 147 E 55th, Los Angeles, CA 90011 - $890,000 · Multi-Family Home for Sale, photo 2
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Description

This well-maintained fourplex at 147 E 55th Street offers an excellent opportunity in a high-density Los Angeles submarket. Built in 1964 and featuring a newer roof, the property consists of four spacious 2-bedroom, 1-bathroom units. The 4,836 SQFT lot provides dedicated rear parking for each unit. Benefiting from years of professional management, the building is primed for stability, long-term rent growth and upon vacancy turnover a +/-70% upside in rents. Tenants enjoy effortless commuting with quick access to major freeways, placing Downtown LA, USC, and SoFi Stadium just minutes away.

Property details

Year built
1964
Property type
Residential Income
Lot size
4,836 sqft

Location

147 E 55th • Los Angeles, CA 90011

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Listed by

Derek Fowler · Re/Max Commercial & Investment

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Listing courtesy of Re/Max Commercial & Investment. Information deemed reliable but not guaranteed.

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