300 E 55th Street, Los Angeles, CA 90011

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
300 E 55th Street,Los Angeles, CA 90011
$1,250,000
  • - Beds
  • - Baths
  • 4,222 sq. ft.
  • Multi-family
  • Active
Listed by: aaron jacobson, brandon maghen
Office: lyon stahl investment real estate, inc.
MLS#:SB25272472
Source:CRMLS

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$296.07

About this home

300 E 55th St, Los Angeles, CA 90011 is a well-kept 7-unit apartment building in a rapidly improving South LA pocket. Priced at $1,250,000, the property delivers a 6.52% current cap rate and 9.41 GRM, with 43% rental upside. At pro forma rents, the building stabilizes at an excellent 10.66% cap rate and 6.57 GRM, offering strong day-one income with meaningful room for growth. Built in 1950, the asset sits on a 5,851 SF lot with 4,222 SF of building area, consisting of oversized one-bedroom units and a two-bedroom unit. Several units are Section 8, providing stable, consistent collections. The property also features a 3-car garage structure that is already a shell, offering a clear opportunity for conversion into an ADU (buyer to verify). This gives investors an additional, straightforward path to increase income and boost long-term returns. With solid in-place performance, strong rental upside, and on-site ADU potential, 300 E 55th St is a rare sub-$2M asset positioned for

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Home facts

  • Year built:1950
  • Listing ID #:SB25272472
  • Added:45 day(s) ago
  • Updated:January 23, 2026 at 11:37 AM

Rooms and interior

  • Living area:4,222 sq. ft.

Structure and exterior

  • Year built:1950
  • Building area:4,222 sq. ft.
  • Lot area:0.13 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$296.07
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