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300 E 55th Street

Los Angeles, CA 90011
Active
Multifamily
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$1,250,000
300 E 55th St, Los Angeles, CA 90011 is a well-kept 7-unit apartment building in a rapidly improving South LA pocket. Priced at $1,250,000, the property delivers a 6.52% current cap rate and 9.41 GRM, with 43% rental upside. At pro forma rents, the building stabilizes at an excellent 10.66%… Read MoreRead Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson 310-729-1559
Listing Snapshot
Days Online
16
Last Updated
Property Type
Apartment
Lot Size
0.13 Acres
Year Built
1950
MLS Number
SB25272472
Property Location Map
Additional Details
Building
Built in 1950, 2 buildings, 2 stories, Entry level: 1, Entry location: Side
Community
Lake, Park, StreetLights, Sidewalks, Urban
Expenses
Operating: $44,405
Garage
3 spaces
Income
Gross Income: $132,828, Gross ScheduledIncome: $132,828, Net Operating Income: $84,436
Laundry
Inside
Lot
0.1343 acres, ZeroToOneUnitAcre
Parking
6 open parking spaces, 9 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 5101010021, Tax Block: G, Lot: 22
Utilities
Water Source: Public, 7 separate electric meters, 7 separate gas meters
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Monthly Payment
$0
Joe Villaescusa
CEO
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Schools In The Area

Check out nearby schools with ratings and contact info.
Estrella Elementary School 323-846-4860 Public KG-5
Los Angeles Academy Middle School 323-238-1800 Public 6-8
Santee Education Complex 213-763-1000 Public 9-12
Estrella Elementary School 323-846-4860 Public KG-5
Estrella Elementary School 323-846-4860 Public KG-5
Los Angeles Academy Middle School 323-238-1800 Public 6-8
Santee Education Complex 213-763-1000 Public 9-12
Thomas Jefferson High School 323-521-1200 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

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.