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1309 E 55th St, Los Angeles, CA 90011

$1,060,000
•
  • —

    bed

  • —

    bath

Multi-family for sale 1582 days
$10K price increase
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About 1309 E 55th St

Property type Multi-family
Neighborhood
Year built 1924
HOA fee $0/month
Lot size 5,022 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
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!
Listed by
Listing Agent - Mazdak Sarehkhani
Listing Agent Contact: 818-601-8215
Listing Office - Mazdak Sarehkhani
Source: CRMLS mls logo
MLS#SR22123746 • last updated 1 week ago
Movoto checked CRMLS for data 4 minutes ago
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Overview
Type Residential Income
Status Active
Lot Size (Acres) 0.1153
Lot Size (SqFt) 5022
Year Built 1924
Interior
Exterior
Building Area Square Feet, 2096
# Parking Spaces 2
# Garage Spaces 2
Lot Description Rectangular Lot, Walkstreet
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks
Zoning LAR2
Directions Hooper Ave And 55th Street
APN 5104012002
Multifamily Details
Operating Expense 3000
Expense: Insurance 1200
Total Expenses 4200
Expense: Water/ Sewer 3000
Gross Income 86688
Gross Scheduled Income 90888
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3/10
Los Angeles Academy Middle
public Grades 6-8
Los Angeles Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/6/2026. 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.
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