438 East 56th Street
$1,349,000
7
4
2,219
2,219
$608
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....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.
- Listed by Enrique Viramontes • DRE #01372010 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty
Property Details for 438 East 56th Street
Zoning
LAR2
Parcel Number5101004022
Total Units4.0
Living Area2219
Source Living AreaBuilder
AreaDowntown L.A. (C42)
Vacancy Rate3%
Lot Size Area5093
LISTING UPDATED: 11/06/2024 12:21 PM
Property Details for 438 East 56th Street
Status | Active |
---|---|
MLS # | 24-377657 |
Days on Market | 188 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2024 |
Lot Size | 0.12 AC / 5,093 SF |
County | Los Angeles County |
Building Information for 438 East 56th Street
Stories1Residences-Year Built2024Building Size-Lot Size0.12 AC / 5,093 SF
Property Information for 438 East 56th Street
Property History for 438 East 56th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 438 East 56th Street
Taxable ValueLand$392,000Additions$98,000Total$490,000
Tax Record2024$6,151 ($513 / month)
Home Facts
Beds2Total Finished SqFt1,100 SqFtAbove Grade Finished SqFt1,100 SqFtStories1Lot Size5,093 SqFtStyleSingle Family ResidenceYear Built1904ZoningLAR2CountyLOS ANGELESAPN5101-004-022
Schools near 438 East 56th 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 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Estrella Elementary School PublicK to 5 | ||
Los Angeles Academy Middle Public6 to 8 | ||
Nava College Preparatory Academy Public9 to 12 | ||
Thomas Jefferson Senior High School Public9 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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