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1036 W 55th Street$860,000Sold

$860,000
Sold
Bought with James Husebo with Real Broker and Listed by Brenda Hailey CA DRE# 02123620 with eXp Realty of Greater Los Angeles, Inc. 310-266-9890
$860,000

1036 W 55th Street

1,836 Sq.Ft. 5,877 Sq.Ft.

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Description

Welcome to the 55th Street Duplex! This is truly a perfect real estate opportunity for anyone looking to take advantage of a long term investment or to achieve passive income. Each unit is an open concept with living room and kitchen, 2 bedrooms, 1 bath and an office. Freshly renovated with vinyl flooring and carpet, fresh paint, electrical, plumbing, countertops, sinks in the kitchen and bathroom and water heaters. The property comes with plenty of parking in the back and there is also an opportunity to build an ADU and increase your income. Preliminary architectural ADU plans have been drafted and can be made as part of the sale. Centrally located, close to Downtown LA, in great proximity to major freeways, Sofi Stadium, Crypto Stadium, USC and LAX.

One unit is vacant and the other unit is occupied with a tennant who is moving at the end of September. Both units will be DELIVERED VACANT.

Hurry up! This classic 1921 home just received an incredible makeover and it won't last long. Don't miss this great financial real estate investment.

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Location

1036 W 55th Street, Los Angeles, CA 90037

Status

Sold

Date Sold

October 18, 2024
1036 W 55th Street

Los Angeles

$860,000
Multi-Family
1 STORIES
BUILT 1921

LIVING SPACE

1836.0 Sq.Ft.

LOT SPACE

5877 Sq.Ft.
SWIMMING POOL
FIREPLACE
Welcome to the 55th Street Duplex! This is truly a perfect real estate opportunity for anyone looking to take advantage of a long term investment or to achieve passive income. Each unit is an open concept with living room and kitchen, 2 bedrooms, 1 bath and an office. Freshly renovated with vinyl flooring and carpet, fresh paint, electrical, plumbing, countertops, sinks in the kitchen and bathroom and water heaters. The property comes with plenty of parking in the back and there is also an opportunity to build an ADU and increase your income. Preliminary architectural ADU plans have been drafted and can be made as part of the sale. Centrally located, close to Downtown LA, in great proximity to major freeways, Sofi Stadium, Crypto Stadium, USC and LAX.

One unit is vacant and the other unit is occupied with a tennant who is moving at the end of September. Both units will be DELIVERED VACANT.

Hurry up! This classic 1921 home just received an incredible makeover and it won't last long. Don't miss this great financial real estate investment.
Disclosures
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$860,000
Multi-Family
1 STORIES
BUILT 1921

LIVING SPACE

1836.0 Sq.Ft.

LOT SPACE

5877 Sq.Ft.
SWIMMING POOL
FIREPLACE

FEATURES

  • +/- 1836.0
  • Built-in Features
  • Bedroom on Main Level
  • None
  • Concrete
  • Uncovered
  • 0-1 Unit/Acre
  • Front Yard
  • None
  • None
  • Built-in Features
  • Bedroom on Main Level
James Husebo

James Husebo

Los Angeles

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