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1518 E 55th Street

Los Angeles (City), CA 90011
  • $1,175,888
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: OC23143190
Price Reduced
$1,175,888
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2014
County:

School Ratings & Info

Listing Agent(s): Steven Patton of Hcm Real Estate (949-734-7309)


Description

Great Investment Duplex built in 2014. Each unit 5 bedrooms, 3 bathrooms, 1,730 square feet with 2 car garages. Fully leased from great tenants at $4,500/month. Huge upside on rents to approximately $8700/month. Property is in very good condition and comes with central air & heating, interior laundry, upgraded kitchen cabinets/countertops, security fencing. Separate gas and electric meters - tenants pay all utilities except water/sewer. Nice location close to shopping, transportation, airports and highways.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/142075331
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1518 E 55th Street Los Angeles (City), CA 90011

  • Price: $1,175,888
  • Status: Active
  • On Site: 50 Days
  • MLS #: OC23143190
0
Beds
0
Baths
0
½ Baths
0.12
Acres
2014
Built
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
Property Description
Great Investment Duplex built in 2014. Each unit 5 bedrooms, 3 bathrooms, 1,730 square feet with 2 car garages. Fully leased from great tenants at $4,500/month. Huge upside on rents to approximately $8700/month. Property is in very good condition and comes with central air & heating, interior laundry, upgraded kitchen cabinets/countertops, security fencing. Separate gas and electric meters - tenants pay all utilities except water/sewer. Nice location close to shopping, transportation, airports and highways.
Exterior Features

Entry Level 1 Entry Location 1 Fencing Security Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Parking Features Driveway LevelGarage Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Road Surface Type Paved Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsStreet Lights Contingency Buyer To Cooperate With Seller's 1031 Exchange At Not Cost To Buyer Electric Electricity - On Property Exclusions Tenants Personal Property Garage YN Yes Gross Income 54000 Gross Scheduled Income 54000 Insurance Expense 1350 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 ExchangeFha Net Operating Income 45550 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 8450 Possession Close Of Escrow Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 4500 Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 6500 Water Source Public Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Steven Patton of Hcm Real Estate (949-734-7309)