Bought with Elmer Indrawan โข Top Producers Realty Partners
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1386 E 55th Street Los Angeles, CA 90011
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Key Details
Sold Price $660,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,490 sqft
Price per Sqft $265
MLS Listing ID CRRS24209904
Sold Date 12/10/24
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1961
Lot Size 5,201 Sqft
Property Sub-Type Triplex
Property Description
This income-producing triplex features a large single-structure front house with 2 bedrooms and 1.5 bathrooms, along with a detached 2-car garage. Additionally, the property includes a separate rear duplex structure consisting of two 2-bedroom, 1-bathroom units. Ample parking is available, and the property is gated for privacy. All units are fully occupied by long-term, stable tenants, providing immediate rental income. The property will be sold tenant-occupied and will not be delivered vacant. Conveniently located near schools, shopping centers, downtown LA, LA Live, Staples Center, grocery stores, restaurants, coffee shops, parks, and with easy access to major freeways. Offers great upside rental potential in a highly desirable metropolitan location. Ideal for both seasoned investors and first-time buyers looking for a reliable income stream. Priced to sellรขโฌโdon't miss out on this excellent investment opportunity!
Location
State CA
County Los Angeles
Interior
Heating Central
Fireplace No
Laundry See Remarks
Building
Water Public
Read Less
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ยฉ 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.