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Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,576 sqft
Price per Sqft $273
MLS Listing ID PW24153263
Sold Date 10/01/24
HOA Y/N No
Year Built 1923
Lot Size 10,602 Sqft
Acres 0.2434
Property Description
234 East 55th Street in South LA comprises six one-bed/one-bath cottages and a commercial space currently occupied by a meat market. The 10,601-square foot corner lot also offers on-site parking for the market.
234 East 55th Street is located in South Los Angeles across from the South LA Wetlands, one block to Synergy Quantum Academy High School, and conveniently near the 110 Freeway.
This offering presents an investor a great opportunity to capture 25 percent rental upside in a strong rental market.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Urban
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5101016001
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Steven Bogoyevac • Steven M. Bogoyevac, Broker
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