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Listed price in listed location currency (USD).
$1,425,000

1094

MLS® 26652631

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 4660 sqft
Garage 
Taxes 
Days Active 50
Lot Size 
Approx. Age 1912
Avg. Price Per Sqft $305
MLS® Number 26652631

Property Address: 211 E 55th St, LOS ANGELES, CA, 90011-5153

Average square foot calculated using Size range provided by listing agent.

Description

211 E 55th St is a well-kept and recently remodeled 9-unit apartment building located in the rapidly improving South Los Angeles pocket. The property is being offered at a lucrative $158k Price Per Unit with a desirable and balanced unit mix of (3) 2 Bed/1 Bath, (4) 1 Bed/1 Bath & (2) Large Studio Units, with on-site parking for 4 units. 6 of 9 units were recently remodeled, with all 6 of those units getting in-place market rents. (1) 1 Bed/1 Bath unit is vacant and ready for renovation & remodel. 7.31% current cap rate and 8.21x current GRM once the vacant unit is leased. The 2 non-renovated and below market units offer approximately 140% future rental upside. All units are separately metered for gas & electricity. In addition to renovated units, the common area hallways have been renovated, the exterior has been repainted with new trim, electrical repairs, 9A work completed, and more. 211 E 55th St offers a central urban setting just minutes south of Downtown Los Angeles. The surrounding area features a mix of residential streets, local markets and neighborhood restaurants. South Los Angeles benefits from its strategic location with easy access to major freeways such as the I-10, I-110, and I-405, providing seamless connectivity to Downtown, employment hubs, and the greater Los Angeles area. The property is less than 2 miles from Exposition Park, the Natural History Museum, and the upcoming $1B Lucas Museum of Narrative Art (opening September 2026), 2.25 miles from USC, and just over 3 miles from Crypto.com Arena and the LA Convention Center, placing tenants close to some of Los Angeles' most iconic cultural and entertainment destinations.
MLS® Number26652631
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1912
Basement
DrivewayAssigned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 16, 2026List Date
$1,425,000List Price
  • Commute

Commute

Starting Address
Destination Address
211 E 55Th St, Los Angeles, CA

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