301 South Ave 55

Los Angeles, CA 90042

$1,049,000
Price
5
Beds
3
Baths
2,011 Sq. Ft.
$522 / Sq. Ft.
2,011
Sq. Ft.
$522
per Sq. Ft.

Description

Price reduction. Welcome to 301 S Avenue 55, Los Angeles, CA 90042—a beautifully remodeled triplex in the heart of Highland Park. The front unit dazzles with modern updates and stylish finishes, offering a blend of contemporary living and classic charm. The property features a large driveway providing ample parking space and a 3-car garage with the potential for an ADU conversion. This is a rare opportunity to own a prime piece of real estate in a highly sought-after area. Perfect for investors,...Price reduction. Welcome to 301 S Avenue 55, Los Angeles, CA 90042—a beautifully remodeled triplex in the heart of Highland Park. The front unit dazzles with modern updates and stylish finishes, offering a blend of contemporary living and classic charm. The property features a large driveway providing ample parking space and a 3-car garage with the potential for an ADU conversion. This is a rare opportunity to own a prime piece of real estate in a highly sought-after area. Perfect for investors, homeowners looking for rental income, or primary home this triplex promises both luxury and convenience. Don’t miss out on this exceptional property!
  1. Listed by Kris Garrido • DRE #01861119 • Brokerage DRE #02031312 • Capital Management Realty, Inc • 626-221-0260
  2. Listed by Alex Lee • DRE #01818441 • Brokerage DRE #02031312 • Capital Management Realty, Inc

Property Details for 301 South Ave 55

Parking Spaces Total
3
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2011
Assessor Parcel Number
5468-029-020
Property Attached YN
true
LISTING UPDATED: 09/17/2024 05:51 AM

Property Details for 301 South Ave 55

StatusActive
MLS #OC24130978
Days on Market125
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1914
Lot Size0.15 AC / 6,745 SF
CountyLos Angeles County

Building Information for 301 South Ave 55

Stories2Residences-Year Built1914Building Size-Lot Size0.15 AC / 6,745 SF

Property Information for 301 South Ave 55

Income / Expense / Tax Details
Income Details
  • Gross Income: $62,040
  • Gross Scheduled Income: $62,040
  • Net Operating Income: $52,590
Expense Details
  • Operating Expense: $9,450
  • Fuel Expense: $200
  • Electric Expense: $400
  • Insurance Expense: $1,313
  • Trash Expense: $1,200
  • Water Sewer Expense: $1,200
  • Total Expenses: $5,863
Tax / Assessment Info
  • Tax Tract Number: 183...
  • Tax Census Tract: 1838.20
  • CFD/Mello-Roos Fee: $420
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Front Yard, Garden, Level with Street, Rectangular Lot, Park Nearby, Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,086
  • Unit Type Total Rent: $1,086
  • Unit Type Pro Forma: 2500
  • 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 Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,521
  • Unit Type Total Rent: $1,521
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 301 South Ave 55

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 301 South Ave 55

Taxable ValueLand$550,000Additions$285,000Total$835,000
Tax Record2024$10,437 ($870 / month)
Home Facts
Total Finished SqFt2,011 SqFtAbove Grade Finished SqFt2,011 SqFtLot Size6,743 SqFtStyleTriplexYear Built1914ZoningLARD2CountyLOS ANGELESAPN5468-029-020

Schools near 301 South Ave 55

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

Benjamin Franklin Senior High School
Public6 to 12

Arroyo Seco Museum Science
PublicK to 8

Los Angeles International School
Charter9 to 12

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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301 South Ave 55 is a multi-family home for sale in Los Angeles, CA 90042. This property was listed for sale on June 25, 2024 by Capital Management Realty, Inc, it's currently listed at $1,049,000. It has been on the market for a total of 125 days and was last sold on November 8, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Bushnell Way Elementary School, Benjamin Franklin Senior High School and Arroyo Seco Museum Science. 301 South Ave 55 is a 5-bed, 3-bath, 2,011 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 Capital Management Realty, Inc, Kris Garrido, DRE #01861119; Capital Management Realty, Inc, Alex Lee, DRE #01818441

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.