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    726 W 55th Street

    Los Angeles, CA 90037
    • $865,000
    • STATUS: CONTINGENT
    • ON SITE: 42 days
    • ID#: 302575544
    Under Contract
    UPDATED: 152 min ago
    $865,000
    • 9
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2013
    County:

    School Ratings & Info

    Description

    Duplex built in 2013 available for sale in well-located South Los Angeles 90037 area. Featuring 2 large units (one 5 bed/3 bath unit & one 4 bed/2 bath unit) with 3,336 total rentable SF. Current GSI is $5,275/mth; $63,300/yr. It presents a great opportunity for an investor looking for solid cash flow. Located in a rapidly appreciating South LA submarket & only +/- 2 miles south of USC, this duplex could be perfect for graduate students or faculty with a family. The proximity to the LA Memorial Coliseum, Duplex built in 2013 available for sale in well-located South Los Angeles 90037 area. Featuring 2 large units (one 5 bed/3 bath unit & one 4 bed/2 bath unit) with 3,336 total rentable SF. Current GSI is $5,275/mth; $63,300/yr. It presents a great opportunity for an investor looking for solid cash flow. Located in a rapidly appreciating South LA submarket & only +/- 2 miles south of USC, this duplex could be perfect for graduate students or faculty with a family. The proximity to the LA Memorial Coliseum, LAFC's new Banc of California Stadium & the Staples Center/DTLA makes it a great location for investment & continued appreciation over the coming years. The Lucas Museum has also broken ground locally in Exposition Park & is set to open in late 2021. With this areas many new construction projects; existing stadiums/attractions & great proximity to DTLA, this is a great opportunity to acquire property in this appreciating market place.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.dreamlivingsd.com/homes/107355250
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    726 W 55th Street Los Angeles, CA 90037

    • Price: $865,000
    • Status: CONTINGENT
    • Updated: 152 min ago
    • ID#: 302575544
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    2013
    Built
    Neighborhood:
    Los Angeles (90037)
    County:
    Los Angeles
    Area:
    Los Angeles (90037)
    Property Description
    Duplex built in 2013 available for sale in well-located South Los Angeles 90037 area. Featuring 2 large units (one 5 bed/3 bath unit & one 4 bed/2 bath unit) with 3,336 total rentable SF. Current GSI is $5,275/mth; $63,300/yr. It presents a great opportunity for an investor looking for solid cash flow. Located in a rapidly appreciating South LA submarket & only +/- 2 miles south of USC, this duplex could be perfect for graduate students or faculty with a family. The proximity to the LA Memorial Coliseum, Duplex built in 2013 available for sale in well-located South Los Angeles 90037 area. Featuring 2 large units (one 5 bed/3 bath unit & one 4 bed/2 bath unit) with 3,336 total rentable SF. Current GSI is $5,275/mth; $63,300/yr. It presents a great opportunity for an investor looking for solid cash flow. Located in a rapidly appreciating South LA submarket & only +/- 2 miles south of USC, this duplex could be perfect for graduate students or faculty with a family. The proximity to the LA Memorial Coliseum, LAFC's new Banc of California Stadium & the Staples Center/DTLA makes it a great location for investment & continued appreciation over the coming years. The Lucas Museum has also broken ground locally in Exposition Park & is set to open in late 2021. With this areas many new construction projects; existing stadiums/attractions & great proximity to DTLA, this is a great opportunity to acquire property in this appreciating market place.
    Exterior Features

    Exterior Stucco Parking Garage Desc Unit1 Assigned Pool N/K Roof Composition Site Sidewalks Spa N/K Topography Level

    Interior Features

    Cooling Central Forced Air Stories 2 Story Total Baths Unit1 3 Total Baths Unit2 2

    Property Features

    Actual Cap Rate 4.57 Annual Expense Actual 21904 Buildings 2 Gross Rent Multiplier Actual 13.67 Gross Scheduled Income Actual 63300 Home Owners Fees 0.0 Possession Close Of Escrow Tenant Pays TrashCable TvElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 2850.0 Unit2 Rent Actual 2425.0 Water Meter On Property Zoning Lar4

    Listing provided courtesy of Keller Williams - Downtown. Listing information © 2020 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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    Cay, Carly & Patrick | Keller Williams
    12780 High Bluff Drive
    San Diego CA, 92130