211 E 55th Street, Los Angeles, CA 90011

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
211 E 55th Street,Los Angeles, CA 90011
$1,295,000
  • 10 Beds
  • 9 Baths
  • 4,660 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan rawson
Office: avenue realty group310-433-4293
MLS#:26652631
Source:CRMLS

Price summary

  • Price:$1,295,000
  • Price per sq. ft.:$277.9

About this home

Large price improvement! Bring ALL offers on this well-kept and recently remodeled 9-unit apartment building located in the rapidly improving South Los Angeles pocket. The property is being offered at a lucrative $143k Price Per Unit with a desirable and balanced unit mix of (3) 2 Bed/1 Bath, (4) 1 Bed/1 Bath & (2) Large Studio Units, with on-site parking for 4 units. 6 of 9 units were recently remodeled, with 5 of 6 of those units getting in-place market rents. (1) recently renovated 1 Bed/1 Bath unit is vacant and move-in-ready for market rent, and another (1) 1 Bed/1 Bath unit is vacant and remodel ready for market rent. 8,06% current cap rate and 7.52x current GRM once the two vacant units are leased. 2 units are below market and offer approximately 140% future rental upside. All units are separately metered for gas & electricity. In addition to renovated units, the common area hallways have been renovated, the exterior has been repainted with new trim, electrical repairs, 9A work...

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Home facts

  • Year built:1912
  • Listing ID #:26652631
  • Added:66 day(s) ago
  • Updated:April 24, 2026 at 10:39 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:9
  • Living area:4,660 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1912
  • Building area:4,660 sq. ft.
  • Lot area:0.11 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,295,000
  • Price per sq. ft.:$277.9

Features and amenities

  • Amenities:Ceiling Fans

Parking

  • Total parking spaces:4
  • Parking description:Assigned
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