CA > Los Angeles
Los Angeles, CA 90011,211 E 55th St
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Los Angeles, CA 90011,211 E 55th St
Los Angeles, CA 90011,211 E 55th St
Los Angeles, CA 90011,211 E 55th St
Los Angeles, CA 90011,211 E 55th St
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Cheri' Benjamin

Cheri' Benjamin

+1(404) 965-4080
$ 1,735,000
Est. payment /mo
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Price Dropped by $60K

211 E 55th St Los Angeles, CA 90011

9 Beds

9 Baths

4,660 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,660 sqft

Price per Sqft $372

MLS Listing ID 25-486731

Bedrooms 9

Year Built 1912

Lot Size 4,888 Sqft

Acres 0.1122

Property Sub-Type Multi-Family

Property Description

PRICE ADJUSTMENT! BRING ALL OFFERS! Rare opportunity to buy a building with 5 of 9 units delivered VACANT, giving a Buyer endless rental possibilities to hand pick their own tenants and generate substantial Day 1 cashflow! 2 of the 4 occupied units have been remodeled and are getting Section 8 market voucher rents! Diverse and top-heavy unit mix with (3) 2 Bed/1 Bath, (4) 1 Bed/1 Bath, and (2) Studio units. Of the 5 vacancies, 2 of them are remodeled and Section 8 move-in-ready, with the other 3 ready for a Buyer to renovate to their preference! In addition to 4 renovated units, the building has undergone remodeled hallways & common areas, electrical repairs, and all 9A work (i.e. EQ shut off valves, carbon and smoke monoxide detectors, water heater strapping and low flush toilets) has been completed. The property is separately metered for gas & electricity, and, with no on-site laundry room, common area utilities will remain low to help sustain a great NOI. Tenants are just a close 2 miles away from the evolving Exposition Park that now features The Lucas Museum of Narrative Art to go along with BMO Stadium, LA Coliseum, California Science Center & Natural History Museum, and USC's campus.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment None

Laundry None

Exterior

Parking Features None

Garage Spaces 1.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Avenue Realty Group
agent

Cheri' Benjamin

+1(404) 965-4080

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211 E 55th St