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438 E 56th Street, Los Angeles, CA 90011

Property · 2 recorded sales since 2023

438 E 56th Street, Los Angeles, CA 90011 Sold January 2025 CRMLS
$1,300,000Sold January 2025

Listing Agent: Enrique Viramontes (DRE #01372010) · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Toyin Olaoye · Real Estate Source, Inc. · MLS #24377657 · Source: CRMLS

7
Bedrooms
4
Bathrooms
2,219
Sq Ft
5,093 sqft
Lot Size
2024
Year Built
Property
Type
1
Stories
WallFurnace
Heating

About this property

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.

Listing description from the January 2025 sale, as reported to CRMLS.

Sale history

$1,300,000
Sold January 2025 · listed $1,349,000, orig. $1,525,000, on market April 2024 · MLS #24377657 · Source: CRMLS
Listing Agent: Enrique Viramontes · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Toyin Olaoye · Real Estate Source, Inc.
$490,000
Sold July 2023 · listed $575,000, on market November 2022 · MLS #IN22245930 · Source: CRMLS
Listing Agent: Christopher Udeoji · Listing Office: Powerhouse Holdings Inc. · Contact: 310-703-9395 · Bought with: Christopher Udeoji · Powerhouse Holdings Inc.
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