438 56th Street, Los Angeles

$1,525,000

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3 Beds
2 Baths
2,219 Sqft
.12 Acre
0 Garage

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.

Essential Information

MLS® #
24377657
Price
$1,525,000
Bedrooms
3
Bathrooms
2.00
Square Footage
2,219
Acres
0.12
Year Built
2024
Type
Residential Income
Status
Active

Community Information

Address
438 56th Street
Area
C42 - Downtown L.A.
City
Los Angeles
County
Los Angeles
Zip Code
90011
Senior Community
N

Amenities

Parking
Driveway
Garages
Driveway

Interior

Heating
Wall Furnace
# of Stories
1
Stories
One

Additional Information

Date Listed
April 8th, 2024
Days on Market
39
Zoning
LAR2

Listing Details

Agent
Enrique Viramontes

Office

Remax Commercial and Investment Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of May 17th, 2024 at 2:30am PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.