1386 E 55th Street

    Los Angeles (City), CA 90011
    • $570,000
    • STATUS: Active
    • ON SITE: 168 days
    • ID#: IN19104621
    UPDATED: 239 min ago
    $570,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,490
      SQFT
    • $229
      $/SQFT
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    Great Opportunity to own a Bread and Butter Income Property for the price of a Single Family home! Great income producing triplex! Large single structure front house consisting of 2 bedrooms / 1.5 bath with a detached 2 car garage. Additionally, a separate rear duplex structure consisting of two 2 bedroom / 1 bath units. Ample parking space. Property fully-occupied with long term stable tenants. Start collecting income right away! PROPERTY SOLD TENANT-OCCUPIED. WILL NOT BE DELIVERED VACANT! This property is gated for privacy and is priced to sell! Conveniently located close to schools, shopping centers, downtown, LA Live, Staples Center, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Well maintained property with low maintenance and long-term tenants that always pay their rent on time. Great for seasoned investor or first time buyer. Great upside rental potential in this highly metropolitan location! Please do not disturb tenants. Listing info deemed reliable but not guaranteed. No warranties expressed or implied. Buyer to verify and satisfy on all aspects of the property such as, but not limited to: permits, bed/bath count, square footage, legality, etc.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-22T00:33:43.89. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/94469033

    1386 E 55th Street Los Angeles (City), CA 90011

    • Price: $570,000
    • Status: Active
    • Updated: 239 min ago
    • ID#: IN19104621
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    2,490
    SQFT
    $229
    $/SQFT
    1961
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Great Opportunity to own a Bread and Butter Income Property for the price of a Single Family home! Great income producing triplex! Large single structure front house consisting of 2 bedrooms / 1.5 bath with a detached 2 car garage. Additionally, a separate rear duplex structure consisting of two 2 bedroom / 1 bath units. Ample parking space. Property fully-occupied with long term stable tenants. Start collecting income right away! PROPERTY SOLD TENANT-OCCUPIED. WILL NOT BE DELIVERED VACANT! This property is gated for privacy and is priced to sell! Conveniently located close to schools, shopping centers, downtown, LA Live, Staples Center, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Well maintained property with low maintenance and long-term tenants that always pay their rent on time. Great for seasoned investor or first time buyer. Great upside rental potential in this highly metropolitan location! Please do not disturb tenants. Listing info deemed reliable but not guaranteed. No warranties expressed or implied. Buyer to verify and satisfy on all aspects of the property such as, but not limited to: permits, bed/bath count, square footage, legality, etc.
    Exterior Features

    Garage Spaces 2.00 Lot Features 0-1 Unit/AcreBack Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Features CoveredDrivewayConcreteGarageGatedOff StreetOn SiteUncovered Parking Total 6.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Heating Central Heating YN Yes Laundry Features See Remarks

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 6.20 Community Features CurbsSidewalksStreet Lights Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 44100.00 Gross Scheduled Income 44100.00 Insurance Expense 1018.00 Land Lease YN No Laundry YN Yes Net Operating Income 35591.00 New Construction YN No New Taxes Expense 5091.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 8509.00 Property Sub Type Triplex Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Sewer Paid Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 3675.00 Total Expenses 8509.00 Trash Expense 0.00 Water Sewer Expense 2400.00 Water Source Public Year Built Source Public Records Zoning Lar2

    Listing provided courtesy of Bryan Castillo of Castillo Realty Group, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-22T00:33:43.89. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
    Allison James Estates and Homes
    31213 Temecula Parkway
    Temecula CA, 92592