1012 West 55th Street

Los Angeles, CA 90037

$975,000
Price
5
Beds
3
Baths
2,462 Sq. Ft.
$396 / Sq. Ft.
2,462
Sq. Ft.
$396
per Sq. Ft.

Description

Beautiful Triplex on a Serene Tree-Lined Street. This 3-unit property offers charm and space, perfect for owner-occupants or those looking to generate rental income as an investment. Enjoy the convenience of living in one unit while renting out the others, or maximize your income potential as a full rental property. ADU Potential: Transform the garage back into a 4th unit to further boost rental income or a home office. Features include:
Spacious Kitchens in every unit. Upgraded Roofing: Back unit
...Beautiful Triplex on a Serene Tree-Lined Street. This 3-unit property offers charm and space, perfect for owner-occupants or those looking to generate rental income as an investment. Enjoy the convenience of living in one unit while renting out the others, or maximize your income potential as a full rental property. ADU Potential: Transform the garage back into a 4th unit to further boost rental income or a home office. Features include:
Spacious Kitchens in every unit. Upgraded Roofing: Back unit received a new roof in 2022, while the front units and garage roofs were upgraded in 2010. Separate Meters for each unit (water shared). Extra-Large Laundry Room, ideal for additional rental income. Ample Parking with dual driveway access, accommodating up to 6 vehicles. Don’t miss this incredible opportunity—it won’t last long! Call Today for a Private Showing!
  1. Listed by Gloria Bradley • DRE #01968856 • Brokerage DRE #02075076 • Vylla Home, Inc. • 626-818-8920

Property Details for 1012 West 55th Street

Parking Spaces Total
6
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2462
Assessor Parcel Number
5002-022-011
LISTING UPDATED: 12/17/2024 10:24 PM

Property Details for 1012 West 55th Street

StatusActive
MLS #PW24240804
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1914
Lot Size0.15 AC / 6,388 SF
CountyLos Angeles County

Building Information for 1012 West 55th Street

Stories1Residences-Year Built1914Building Size-Lot Size0.15 AC / 6,388 SF

Property Information for 1012 West 55th Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $20,400
  • Gross Scheduled Income: $20,400
  • Net Operating Income: $15,263
Expense Details
  • Operating Expense: $0
  • Insurance Expense: $2,748
  • Trash Expense: $800
  • Water Sewer Expense: $1,589
  • Total Expenses: $5,137
Tax / Assessment Info
  • Tax Tract Number: 232...
  • Tax Census Tract: 2326.02
  • CFD/Mello-Roos Fee: $500
  • Tax Lot: 55
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking: Yes
  • Parking Garage: Driveway, Garage, Pull-through
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage, Pull-through
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $500
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Range: 1
  • Number With Refrigerator: 1

Property History for 1012 West 55th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1012 West 55th Street

Taxable ValueLand$251,206Additions$149,464Total$400,670
Tax Record2024$5,303 ($442 / month)
Home Facts
Total Finished SqFt2,462 SqFtAbove Grade Finished SqFt2,462 SqFtLot Size6,388 SqFtStyleTriplexYear Built1914ZoningLAR2CountyLOS ANGELESAPN5002-022-011

Schools near 1012 West 55th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Fifty-Second Street Elementary School
PublicK to 5

John Muir Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1012 West 55th Street is a multi-family home for sale in Los Angeles, CA 90037. This property was listed for sale on December 17, 2024 by Vylla Home, Inc., it's currently listed at $975,000. It has been on the market for a total of 4 days and was last sold on September 3, 2010. This listing's school district is Los Angeles Unified School District. Nearby schools include Fifty-Second Street Elementary School, John Muir Middle School and Augustus F. Hawkins High A Critical Design And Gaming. 1012 West 55th Street is a 5-bed, 3-bath, 2,462 sqft multi-family home built in 1914.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vylla Home, Inc., Gloria Bradley, DRE #01968856

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.