• 438 E 56th Street Los Angeles, CA 90011

  • $1,525,000
  • 7
    Bed(s)
  • 0
    Baths
  • 2,219
    Sq Ft
  • 5093
    Sqft
  • Listed By: Enrique Viramontes, Remax Commercial and Investment Realty, DRE #01372010
  • Source: CRMLS

Introducing this amazing 4 unit multifamily property in turnkey condition in the South Park neighborhood of Los Angeles. Currently 100% Vacant! Two buildings sit on the lot which are comprised of two duplexes: 'structure one' is completely brand-new construction and 'structure two' is a meticulously "studs up" renovation. The front structure underwent a complete overhaul and now consists of two modern 2 bd + 1 ba units. The rear structure is brand new construction with a mix of one 2 bd + 1 ba and one 1 bd + 1 ba ADUs. All units are separately metered for all utilities (water sub-metering) and include open floor plans, modern kitchens, air conditioning and hard wood flooring. Its central location provides investors an extensive tenant pool. USC is a short 3 mile drive, Downtown LA is minutes to the North and access to the 110 Freeway is less than a mile away.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 7

Bathroom Information

Total Baths: 4

Full Baths: 0

Half Baths: 0

Heating Source

Wall Furnace

Has Heating

Building Information

Year Built: 2024

Building Area Total: 2,219

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1169

Lot Size Dimensions: 40x127

Lot Size Source: Assessor

Lot Size Square Feet: 5093

Listing Price Information

Original List Price: 1,525,000

Listing Contract Date: 2024-04-08

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5101004022

Garage and Parking

Garage Description: Driveway

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C42 - Downtown L.A.

Postal Code Plus 4: 5132

Directions: Located on E 56th St, between Avalon Blvd and San Pedro St

Zoning: LAR2

Source Property Type: Residential Income

Area: C42 - Downtown L.A.

Building and Construction

Property Age: 0

Year Built Source: Builder

Total Square Feet Living: 2219

Levels or Stories: One

Building Total Stories: 1

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Residential Income, Los Angeles, CA,90011 $990,000 6 -- 2,302 4400 Sqft
606 E 51st Street, Los Angeles, CA,90011 $1,400,000 6 -- 2,870 9937 Sqft
876 -876 1/2 E 41st Place, Los Angeles, CA,90011 $739,900 6 3 2,112 6250 Sqft
4725 Compton Avenue, Los Angeles, CA,90011 $450,000 2 1 1,029 2731 Sqft
851 E 32nd Street, Los Angeles, CA,90011 $675,000 -- -- 2,400 5230 Sqft
802 E. 25th Street, Los Angeles, CA,90011 $824,999 5 1 2,026 163437120 Sqft
2808 Maple Avenue, Los Angeles, CA,90011 $650,000 2 -- 1,072 4800 Sqft
209 E 31st Street, Los Angeles, CA,90011 $675,000 2 1 1,028 6280 Sqft
461 E 30th Street, Los Angeles, CA,90011 $775,000 -- -- 3,097 6244 Sqft
1598 E 46th Street, Los Angeles, CA,90011 $700,000 -- -- 1,794 5257 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/18/2024 @ 00:11

MLS: 24377657
LISTED BY: Enrique Viramontes, Remax Commercial and Investment Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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