FULLY VACANT!!!!! Exceptional 8% Cap rate Pro forma 4-unit property features attached garages plus on-site parking in Mid South Los Angeles. Property highlights include smooth stucco exteriors, upgraded modern finishes, and convenient alley access to make parking easier. A rare opportunity for investors seeking strong rental appeal and long-term value in a desirable location. *Photos shown are virtually staged and are for illustrative purposes only. The staging is intended to demonstrate the property's potential layout and design. Actual furnishings, door, and finishes are not included in the sale.
For sale
Price cut: $46K (9/7)
$1,449,000
1617 W 55th St, Los Angeles, CA 90062
15beds
8baths
4,261sqft
Multi Family
Built in 2026
-- sqft lot
$1,440,900 Zestimate®
$340/sqft
$-- HOA
What's special
- 74 days
- 178
- 8
Zillow last checked:
Listing updated:
Listed by:
Isaac Davidi DRE # 01819489 310-877-9425,
The Davidi Company 310-997-0311
Source: CLAW,MLS#: 26852699
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 8
Heating
- Central
Cooling
- Central Air
Interior area
- Total structure area: 4,261
- Total interior livable area: 4,261 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,482 Square Feet
Details
- Additional structures: None
- Parcel number: 5003019032
- Zoning: LAR2
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 2026
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $340/sqft
- Tax assessed value: $265,000
- Date on market: 6/26/2026
Estimated market value
$1,440,900
$1.37M - $1.51M
$3,143/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/7/2026 | Price change | $1,449,000-3.1%$340/sqft |
Source: | ||
| 8/26/2026 | Listing removed | $18,000$4/sqft |
Source: | ||
| 8/24/2026 | Price change | $1,495,000-3.5%$351/sqft |
Source: | ||
| 8/13/2026 | Listed for rent | $18,000$4/sqft |
Source: | ||
| 8/11/2026 | Price change | $1,549,000-1.6%$364/sqft |
Source: | ||
| 7/30/2026 | Price change | $1,574,000+215.4%$369/sqft |
Source: | ||
| 7/2/2026 | Listing removed | $18,000$4/sqft |
Source: | ||
| 6/26/2026 | Listed for rent | $18,000$4/sqft |
Source: | ||
| 11/27/2024 | Listing removed | $499,000$117/sqft |
Source: | ||
| 11/19/2024 | Listed for sale | $499,000+88.3%$117/sqft |
Source: | ||
| 10/19/2024 | Sold | $265,000$62/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $270,300 +2% |
| 2025 | $3,331 -41.4% | $265,000 -42.1% |
| 2024 | $5,689 +1.9% | $457,776 +2% |
| 2023 | $5,583 +979% | $448,800 +1550.5% |
| 2022 | $517 +2.1% | $27,192 +2% |
| 2021 | $507 -0.4% | $26,660 +1% |
| 2020 | $509 | $26,387 +2% |
| 2019 | $509 +15.3% | $25,871 +2% |
| 2018 | $441 | $25,365 +2% |
| 2017 | $441 +1.5% | $24,869 +2% |
| 2016 | $435 +3.5% | $24,382 +1.5% |
| 2015 | $420 -2.1% | $24,017 +2% |
| 2014 | $429 | $23,547 +2.5% |
| 2012 | -- | $22,983 +2% |
| 2011 | -- | $22,533 +0.8% |
| 2010 | -- | $22,365 -0.2% |
| 2009 | -- | $22,420 +2% |
| 2008 | -- | $21,982 +2% |
| 2007 | -- | $21,552 +2% |
| 2006 | -- | $21,131 |
| 2005 | -- | $21,131 +4% |
| 2004 | -- | $20,313 +1.9% |
| 2003 | -- | $19,942 +2% |
| 2002 | -- | $19,552 +4% |
| 2000 | -- | $18,794 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Los Angeles
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