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1036 W 55th ST Los Angeles, CA 90037
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Key Details
Sold Price $860,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,836 sqft
Price per Sqft $468
MLS Listing ID BB24141406
Sold Date 10/18/24
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1921
Lot Size 5,876 Sqft
Acres 0.1349
Property Description
Welcome to the 55th Street Duplex! This is truly a perfect real estate opportunity for anyone looking to take advantage of a long term investment or to achieve passive income. Each unit is an open concept with living room and kitchen, 2 bedrooms, 1 bath and an office. Freshly renovated with vinyl flooring and carpet, fresh paint, electrical, plumbing, countertops, sinks in the kitchen and bathroom and water heaters. The property comes with plenty of parking in the back and there is also an opportunity to build an ADU and increase your income. Preliminary architectural ADU plans have been drafted and can be made as part of the sale. Centrally located, close to Downtown LA, in great proximity to major freeways, Sofi Stadium, Crypto Stadium, USC and LAX.
One unit is vacant and the other unit is occupied with a tennant who is moving at the end of September. Both units will be DELIVERED VACANT.
Hurry up! This classic 1921 home just received an incredible makeover and it won’t last long. Don’t miss this great financial real estate investment.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR2
Rooms
Ensuite Laundry None
Interior
Interior Features Built-in Features, Bedroom on Main Level
Laundry Location None
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Appliance Gas Range, Water Heater
Laundry None
Exterior
Garage Concrete, Uncovered
Fence Wrought Iron
Pool None
Community Features Curbs, Sidewalks
View Y/N No
View None
Parking Type Concrete, Uncovered
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Front Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5002022006
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, VA Loan
Financing FHA
Special Listing Condition Standard
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Bought with James Husebo • Real Broker
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