Re/Max Commercial & Investment
Listed by Re/Max Commercial & Investment
$890,000
147 E 55th
Details
APN 5101014015
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 2.99%
Buildings 1
Acreage 0.111
Zoning Public Rec
Multifamily | 2.99% CAP | 4 Units
Marketing description
This well-maintained fourplex at 147 E 55th Street offers an excellent opportunity in a high-density Los Angeles submarket. Built in 1964 and featuring a newer roof, the property consists of four spacious 2-bedroom, 1-bathroom units. The 4,836 SQFT lot provides dedicated rear parking for each unit. Benefiting from years of professional management, the building is primed for stability, long-term rent growth and upon vacancy turnover a +/-70% upside in rents. Tenants enjoy effortless commuting with quick access to major freeways, placing Downtown LA, USC, and SoFi Stadium just minutes away.
Listing Contacts
Re/Max Commercial & Investment
Listed by Re/Max Commercial & Investment
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