726 W 55th Street, Los Angeles, CA 90037

About this duplex

Duplex built in 2013 available for sale in well-located South Los Angeles 90037 area. Featuring 2 large units (one 5 bed/3 bath unit & one 4 bed/2 bath unit) with 3,336 total rentable SF. Current GSI is $5,275/mth; $63,300/yr. It presents a great opportunity for an investor looking for solid cash flow. Located in a rapidly appreciating South LA submarket & only +/- 2 miles south of USC, this duplex could be perfect for graduate students or faculty with a family. The proximity to the LA Memorial Coliseum, LAFC's new Banc of California Stadium & the Staples Center/DTLA makes it a great location for investment & continued appreciation over the coming years. The Lucas Museum has also broken ground locally in Exposition Park & is set to open in late 2021. With this area’s many new construction projects; existing stadiums/attractions & great proximity to DTLA, this is a great opportunity to acquire property in this appreciating market place.

Listing description from the August 2020 sale, as reported to CRMLS.

Sale history

$865,000

Sold August 2020 · on market June 2020 · MLS #PW20126733 · Source: CRMLS

Listing Agent: Patrick Sharples · Listing Office: Keller Williams - Downtown · Contact: 213-221-7579 · Bought with: Brian Davis · Pacific Sotheby's Int'l Realty

$550,000

Sold March 2014 · on market November 2013 · MLS #DW13230249 · Source: CRMLS

Listing Agent: Sandra Alvarez · Listing Office: American Team Realty · Contact: 562-272-2717 · Bought with: Sandra Alvarez · American Team Realty

$162,000

Sold March 2013 · listed $150,000, on market February 2013 · MLS #13651935 · Source: CRMLS

Listing Agent: Sherilyn Correa · Listing Office: Green Realty · Contact: 310-526-3426 · Bought with: Sherilyn Correa · Green Realty

Explore Los Angeles