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Off market
  • $666,400

    1249 E 55th St, Los Angeles, CA 90011

    5beds
    2baths
    1,692sqft
    MultiFamily
    Built in 1905
    -- sqft lot
    $666,400 Zestimate®
    $394/sqft
    $3,480 Estimated rent

    Home value

    $666,400

    $600,000 - $726,000

    $3,480/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $3,480/mo

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    $3,480/mo

    Rent Zestimate®

    Refinance and save

    $4,248/mo

    Est. payment

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    $4,248/mo

    Est. payment

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    What's special

    Please note that both units are tenant occupied DRIVE BY ONLY Showings will be upon acceptance. Total Rent: $2,800 (Below market) with all tenants on a month to month lease. Some of the rent are below market so the monthly revenue can be higher. This is a Great income-producing investment with low costs! One of the few 2 unit properties with all Paying Tenants. Each unit has its own gas and electrical meter for easy rental. Cooper Plumbing throughout. The front unit is a 3 bedroom and 1 bath unit. Rear unit is a 2 bedroom 1 bath unit. The rear unit was destroyed in a fire and completely built brand new in 2006 fully up to code. The roof was completely redone in 2006 on both units. The total square footage for all units is 1,692. All units have parking spots in a designated parking area, 6 parking spots in total. This is a Great rental income potential With Plenty of potential space on a lot over 5,000 SF. Don't miss out on the opportunity to have (2) multi-rental unit building's. Great price, great opportunity, Won't last long! Both units are rented but it can be delivered vacant. Located in a very central area: Nearby schools, The closest grocery stores, Nearby coffee shops and restaurants. Near major freeways and public transport. The property has been well maintained and this is a no brainer to add this property to your income property portfolio. This property will not last!!!! Buyer to verify all details of property prior to the close of escrow.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Wall, Electric, Gas
    Cooling
    • Wall
    Appliances
    • Laundry: In Closet
    Features
    • Copper Plumbing Full
    • Flooring: Tile, Carpet, Laminate
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,692 sqft

    Property

    Parking
    • Total spaces: 6
    Features
    • Levels: One
    Lot
    • Size: 5,096 Square Feet
    • Features: 0-1 Unit/Acre, Walkstreet, Near Public Transit
    Details
    • Parcel number: 5104015027
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Water Connected, Phone Available, Sewer Connected, Electricity Connected, Natural Gas Connected, Cable Connected

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $394/sqft
    • Tax assessed value: $579,627
    • Annual tax amount: $7,234

    Price history

    DateEventPrice
    12/22/2020Listing removed$589,999$349/sqft
    Source: Keller Williams North Valley #SR20253854 Report a problem
    12/9/2020Listed for sale$589,999+140.8%$349/sqft
    Source: Keller Williams North Valley #SR20253854 Report a problem
    10/18/2013Sold$245,000+73.8%$145/sqft
    Source: Public Record Report a problem
    2/28/2013Sold$141,000+5.2%$83/sqft
    Source: Public Record Report a problem
    1/21/1999Sold$134,000$79/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,234 +1.1%$579,627 +2%
    2024$7,156 +1.9%$568,263 +2%
    2023$7,020 +4.8%$557,121 +2%
    2022$6,698 +1.3%$546,198 +2%
    2021$6,613 -1%$535,490 +1%
    2020$6,677 $530,000 +96.9%
    2019$6,677 +97.4%$269,230 +2%
    2018$3,382 $263,952 +2%
    2017$3,382 +2.2%$258,778 +2%
    2016$3,309 +2.8%$253,705 +1.5%
    2015$3,220 +0.7%$249,895 +2%
    2014$3,197 $245,000 -8.1%
    2011-- $266,578 +0.8%
    2010-- $264,587 -0.2%
    2009-- $265,217 +2%
    2008-- $260,018 +45.3%
    2007-- $178,921 +2%
    2006-- $175,414
    2005-- $175,414 +4%
    2004-- $168,604 +5.2%
    2003-- $160,220 +2%
    2002-- $157,080 +14.9%
    2000-- $136,680
    Find assessor info on the county website

    Neighborhood: Southeast Los Angeles

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $666,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $666,400