This Multifamily Property is no longer advertised on LoopNet.com.

234 E 55th St
Los Angeles, CA 90011
Multifamily Property For Sale · 6 Units

Investment Highlights

  • Mixed-Use Asset With Six One-Bedroom Cottages and One Commercial Space Occupied by a Meat Market
  • Located Across from the South LA Wetlands and One Block to a High School
  • Offered at a 7.30 Percent Cap Rate on Current Rents
  • Corner Lot With Surface Parking for the Market
  • Potential to Capture 25 Percent Rental Upside

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Garden
Building Class C
Lot Size 0.24 AC
Building Size 4,576 SF
No. Stories 1
Year Built 1923
Parking Ratio 1.17/1,000 SF
Zoning LAR2 - Two-Family Dwellings R1 Uses, Home Occupations

Amenities

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Views

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -

Property Taxes

Property Taxes

Parcel Number
5101-016-001
Land Assessment
$870,000
Improvements Assessment
$380,000
Total Assessment
$1,250,000
  • Listing ID: 32570369

  • Date on Market: 7/24/2024

  • Last Updated:

  • Address: 234 E 55th St, Los Angeles, CA 90011

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