1309 E 55th Street, Los Angeles, CA 90011

$1,060,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,060,000
Price Change
▲ $10,000 1790773500
Status
ACTIVE
MLS#
SR22123746
Year Built
1924
Lot Size
5,022
Acres
0.12
Lot Location
Rectangular Lot, Walkstreet
Days on Market
507
Property Type
Multifamily

Property Description

TRIPLEX in the heart of LA near UCS with GREAT INCOME and VERY low operating expense. VERY LARGE 1 bdr/1bath (can be converted into two bedrooms) is getting $1900 (sect 8 tenant) in rental income, 2 bdr/1bath pays $2474 (sec 8 tenant), and 3 bdr/1bath is getting $3400 (sec 8 tenants). Monthly income of $7774 if you account for all units being occupied on ANNUALLY $93,288. All units in great condition, new plumbing and electrical, updated bathroom (two of units) and new flooring, double pane windows, new paint... All units have their own separate parking and gated parking spot, 3 seperate gas/ elecricity meters with 1 water meter. and the seller pays water only! Very low operating costs! This is THE BEST DEAL IN LOS ANGELES. Submit your offer TODAY!

Additional Information

Appliances
Dryer
Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$90,888
Operating Expense
3000

Listing courtesy of Listing Agent: Mazdak Sarehkhani (MSarehkhani@gmail.com) from Listing Office: Mazdak Sarehkhani.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.