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211 E 55th St
Los Angeles, CA 90011
Multifamily Property For Sale
·
9 Units
Investment Highlights
- 5 of 9 Units Delivered VACANT!
- Of The 5 Vacant Units, 2 Have Been Remodeled & Are Section 8 Move-In-Ready! The Other 3 Are Vacant & Ready For Buyer To Remodel To Their Standards.
- Separately Metered For Gas & Electricity.
- $172k Per Unit For Diverse & Top Heavy Unit Mix - (3) 2 Bed/1 Bath, (4) 1 Bed/1 Bath, (2) Studio Units .
- Of The 4 Occupied Units, 2 Have Been Remodeled & Recently Rented To Section 8 At Market Voucher Rents.
- 8.43% Cap Rate & 7.70x GRM Assuming Vacancies Leased To Section 8.
Property Facts
| No. Units | 9 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 4,660 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1912/2024 |
| Building Class | C | Parking Ratio | 0.86/1,000 SF |
| Zoning | R3-1, Los Angeles - Residential | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 4,660 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1912/2024 |
| Parking Ratio | 0.86/1,000 SF |
| Zoning | R3-1, Los Angeles - Residential |
Amenities
Unit Amenities
- Fireplace
- Ceiling Fans
- Kitchen
Site Amenities
- 24 Hour Access
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 4 | - | - |
| 2+1 | 3 | - | - |
Property Taxes
| Parcel Number | 5101-013-021 | Improvements Assessment | $228,888 |
| Land Assessment | $759,492 | Total Assessment | $988,380 |
Property Taxes
Parcel Number
5101-013-021
Land Assessment
$759,492
Improvements Assessment
$228,888
Total Assessment
$988,380
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