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… Read More 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. Read Less
Listing Snapshot
Days Online
69
Last Updated
Property Type
Quadruplex
Lot Size
0.11 Acres
Year Built
1964
MLS Number
SB26086678
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Building
Built in 1964, 1 building, 2 stories, Entry level: 1, Entry location: Ground
Community
Gutters, Sidewalks
Expenses
Operating: $25,080
Fence
WroughtIron
Fireplaces
None
Heating
NaturalGas
Home Owner's Association
Association Fee: $0
Income
Gross Income: $54,372, Gross ScheduledIncome: $54,372, Net Operating Income: $26,573
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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