1386 E 55Th Street

Los Angeles, CA 90011

$699,000

List Price

N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1961

calendar_month Built

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 sell—don't miss out on this excellent investment opportunity!

Listing Information

List Price $699,000
Status Active
MLS RS24179640
HOA $0
Type Residential Income
Subtype Triplex
Year Built 1961
Lot Size 5,201
Structure Size N/A
DOM 1
Courtesy Of Circle Real Estate
Listing Agent Mark Perez DRE#01279393
Co-Listing Agent Gabriel Mejorado DRE#02113110

Interior Features

Laundry Information
Location(s) See Remarks
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None

Exterior Information

Maps

Listing information courtesy of: Mark Perez, Gabriel Mejorado, Circle Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 6th, 2024 at 1:27 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.