Welcome to the 55th Street Duplex! This is truly a perfect real estate opportunity for anyone looking to take advantage of a long term investment or to achieve passive income. Each unit is an open concept with living room and kitchen, 2 bedrooms, 1 bath and an office. Freshly renovated with vinyl flooring and carpet, fresh paint, electrical, plumbing, countertops, sinks in the kitchen and bathroom and water heaters. The property comes with plenty of parking in the back and there is also an opportunity to build an ADU and increase your income. Preliminary architectural ADU plans have been drafted and can be made as part of the sale. Centrally located, close to Downtown LA, in great proximity to major freeways, Sofi Stadium, Crypto Stadium, USC and LAX.
One unit is vacant and the other unit is occupied with a tennant who is moving at the end of September. Both units will be DELIVERED VACANT.
Hurry up! This classic 1921 home just received an incredible makeover and it won’t last long. Don’t miss this great financial real estate investment.
Sold for $860,000
Street View
Listed by: eXp Realty of Greater Los Angeles, Inc. • Brenda Hailey • Contact: 888-652-1314
Bought with: Real Broker
Tax assessed value
$860,000
1036 W 55th St, Los Angeles, CA 90037
4beds
2baths
1,836sqft
Duplex
Built in 1921
-- sqft lot
$867,700 Zestimate®
$468/sqft
$2,818 Estimated rent
Home value
$867,700
$798,000 - $946,000
$2,818/mo
Zestimate® history
Owner options
List your home for rent
$2,818/mo
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$2,818/mo
Rent Zestimate®
Refinance and save
$5,478/mo
Est. payment
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$5,478/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Brenda Hailey DRE #02123620 310-266-9890,
eXp Realty of Greater Los Angeles, Inc.
Bought with:
James Husebo, DRE #02075557
Real Broker
Source: CRMLS,MLS#: BB24141406
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Rooms
- Room types: Bedroom, Den, Kitchen, Living Room
Bedroom
- Features: Bedroom on Main Level
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Range, Water Heater
- Laundry: None
Features
- Built-in Features, Bedroom on Main Level
- Flooring: Carpet, Laminate
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,836
- Total interior livable area: 1,836 sqft
Property
Parking
- Total spaces: 6
- Parking features: Concrete, Uncovered
- Uncovered spaces: 6
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
- Spa features: None
- Fencing: Wrought Iron
- Has view: Yes
- View description: None
Lot
- Size: 5,877 Square Feet
- Features: 0-1 Unit/Acre, Front Yard
Details
- Parcel number: 5002022006
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Stucco
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $468/sqft
- Tax assessed value: $860,000
- Annual tax amount: $10,591
- Date on market: 8/25/2024
- Cumulative days on market: 23 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA,Fannie Mae,Freddie Mac,VA Loan
- Tenant pays: Cable TV, Electricity, Gas, Parking Fee
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2024 | Listing removed | $3,200$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/30/2024 | Listed for rent | $3,200+4.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/18/2024 | Sold | $860,000+0.1%$468/sqft |
Source:  CRMLS #BB24141406 Report a problem | ||
| 10/16/2024 | Pending sale | $859,000$468/sqft |
Source: CRMLS #BB24141406 Report a problem | ||
| 9/26/2024 | Contingent | $859,000$468/sqft |
Source: CRMLS #BB24141406 Report a problem | ||
| 8/25/2024 | Listed for sale | $859,000-0.7%$468/sqft |
Source: CRMLS #BB24141406 Report a problem | ||
| 7/25/2023 | Listing removed | -- |
Source:  CLAW #23-266833 Report a problem | ||
| 6/21/2023 | Price change | $865,000-3.9%$471/sqft |
Source: CLAW #23-266833 Report a problem | ||
| 5/23/2023 | Price change | $900,000-5.3%$490/sqft |
Source: CLAW #23-266833 Report a problem | ||
| 5/3/2023 | Listed for sale | $950,000+50.8%$517/sqft |
Source: CLAW #23-266833 Report a problem | ||
| 4/9/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/10/2023 | Listed for rent | $3,075$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/2/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/30/2023 | Listed for rent | $3,075$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/27/2023 | Sold | $630,000-16%$343/sqft |
Source: Public Record Report a problem | ||
| 1/26/2023 | Pending sale | $750,000$408/sqft |
Source: CLAW #22-213499 Report a problem | ||
| 1/5/2023 | Listing removed | -- |
Source: CLAW #22-213499 Report a problem | ||
| 1/2/2023 | Listed for sale | $750,000$408/sqft |
Source: CLAW #22-213499 Report a problem | ||
| 12/22/2022 | Listing removed | -- |
Source: CLAW #22-213499 Report a problem | ||
| 12/20/2022 | Price change | $750,000+25%$408/sqft |
Source: CLAW #22-213499 Report a problem | ||
| 10/31/2022 | Listed for sale | $600,000-31.4%$327/sqft |
Source: CLAW #22-213499 Report a problem | ||
| 9/14/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/17/2022 | Listed for sale | $875,000$477/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,591 +31.2% | $860,000 +33.8% |
| 2024 | $8,071 +7.7% | $642,600 +8.1% |
| 2023 | $7,498 +702% | $594,603 +1115.5% |
| 2022 | $935 +2.6% | $48,918 +2% |
| 2021 | $911 -0.4% | $47,960 +1% |
| 2020 | $915 | $47,470 +2% |
| 2019 | $915 +15.8% | $46,540 +2% |
| 2018 | $790 | $45,629 +2% |
| 2017 | $790 +1.5% | $44,736 +2% |
| 2016 | $778 +5.2% | $43,859 +1.5% |
| 2015 | $740 -1.5% | $43,201 +2% |
| 2014 | $751 | $42,356 +2.5% |
| 2012 | -- | $41,340 +2% |
| 2011 | -- | $40,531 +0.8% |
| 2010 | -- | $40,229 -0.2% |
| 2009 | -- | $40,326 +2% |
| 2008 | -- | $39,536 +2% |
| 2007 | -- | $38,761 +2% |
| 2006 | -- | $38,002 |
| 2005 | -- | $38,002 +4% |
| 2004 | -- | $36,528 +1.9% |
| 2003 | -- | $35,860 +2% |
| 2002 | -- | $35,158 +4% |
| 2000 | -- | $33,795 |
Find assessor info on the county website
Neighborhood: South Los Angeles
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Nearby schools
GreatSchools rating
- 2/10Fifty-Second Street Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10John Muir Middle SchoolGrades: 6-8Distance: 0.4 mi
- 1/10Augustus F. Hawkins High B Community Health AdvocatesGrades: 9-12Distance: 0.5 mi
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Estimated market value
$867,700
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Estimated market value
$867,700
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