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634 W 55th St, Los Angeles, CA 90037
$685,000
634 W 55th St, Los Angeles, CA 90037View this property at 634 W 55th St, Los Angeles, CA 90037
634 W 55th StLos AngelesCA90037
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Property Description
Fantastic investment opportunity in a prime location! The front house boasts three bedrooms and two bathrooms, generating a rental income of $2,950. The back unit offers two bedrooms and one bathroom, providing a steady monthly rent of $2,755. Lots of storage. All the tenants are long-term, reliable, and consistently pay their rent on time, ensuring a stable income stream. The property is being sold "as is," and the responsibility of verifying square footage and permits falls on the agent. Don't miss out on this opportunity to add a lucrative investment property to your portfolio! Act now and seize the chance to acquire this income-generating gem with existing tenants in place.
Full Property Details
Full Property Details for 634 W 55th St
General
- Sold For: $685,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-279445
- Added to Site: 362 day(s) ago
Interior
- Flooring: Mixed
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: Outside
Additional Information
- Security/Safety: Gated
- Other Features: None
Parking
- Garage Description: Carport, Driveway
Location
- Area: Downtown L.A.
- County: Los Angeles
- Driving Directions: 55th/Figueroa
- Direction Faces: North
Heating & Cooling
- Cooling Type: Other
- Heating Type: Wall Gas
Utilities
- Sewer: In Street
- Water: District
Structural Information
- # Buildings: 1
- Basement Desc.: Raised
- Foundation: Raised
- Stories/Levels: 1
- Square Feet: 2,184
- Sq. Ft. Source: Title Company
- Year Built: 1909
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 2
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Total Bathrooms: 2
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.155
- Lot Size: 6750
- Lot Size Source: Assessor
- Lot Dimensions: 50 x 135
- Irrigation System: None
- Lot Features: City
- Zoning: LAR4
- Lot Description: Fenced
Financial Considerations
- Price Per Sq. Ft.: $320.51
- Assessment Year: 1909
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5001-022-011
Listed by Keller Williams Downtown LA, Daniella Fiallos
Sold by First Investments Realty & Mortgage, Monica Sainz
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Schools
Schools serving 634 W 55th St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
816 W 51st St, Los Angeles, CA 90037 | K-5 | 0.3 mi | |
5929 S Vermont Ave, Los Angeles, CA 90044 | 6-8 | 0.5 mi | |
825 W 60th St, Los Angeles, CA 90044 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 634 W 55th St
Date
Details
Price
Change
Source
1/11/2024
Sold
$685,000
-2.14%
MLS
10/21/2023
Price Reduced
$699,999
-4.11%
MLS
9/14/2023
Price Reduced
$729,999
-2.67%
MLS
6/12/2023
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
634 W 55th St, Los Angeles, CA 90037 (MLS# 23-279445) is a Multi-Family property that was sold at $685,000 on January 11, 2024. Want to learn more about 634 W 55th St? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.