438 E 56Th Street

Los Angeles, CA 90011

PRICE REDUCED

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-$176,000 (-11.54%)

$1,349,000

List Price

7

bed Beds

4

shower Baths

2,219 sqft

straighten / sqft

2024

calendar_month Built

Property Description

Introducing this amazing 4 unit multifamily property in turnkey condition in the South Park neighborhood of Los Angeles. 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.

Listing Information

List Price $1,349,000
Status Active
MLS 24377657
Type Residential Income
Year Built 2024
Lot Size 5,093
Structure Size 2,219
DOM 177
Courtesy Of Remax Commercial and Investment Realty
Listing Agent Enrique Viramontes DRE#01372010

Interior Features

Total Bedroom
Bedrooms 7
Total Bathroom
Bathrooms 4

Exterior Information

Maps

Listing information courtesy of: Enrique Viramontes, Remax Commercial and Investment Realty 213-233-4363. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 6th, 2024 at 8:32 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.