Sold for $1,250,000

Listed by: Steven M. Bogoyevac, Broker • Steven Bogoyevac • Contact: 562-257-1231

Bought with: Steven M. Bogoyevac, Broker

$1,250,000

234 E 55th St, Los Angeles, CA 90011

6beds

7baths

4,576sqft

Mixed Use

Built in 1923

-- sqft lot

$1,335,300 Zestimate^®

$273/sqft

$2,970 Estimated rent

Home value

$1,335,300

$1.18M - $1.51M

$2,970/mo

Zestimate^® history

Owner options

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$2,970/mo

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$2,970/mo

Rent Zestimate^®

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$8,088/mo

Est. payment

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$8,088/mo

Est. payment

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What's special

234 East 55th Street in South LA comprises six one-bed/one-bath cottages and a commercial space currently occupied by a meat market. The 10,601-square foot corner lot also offers on-site parking for the market. 234 East 55th Street is located in South Los Angeles across from the South LA Wetlands, one block to Synergy Quantum Academy High School, and conveniently near the 110 Freeway. This offering presents an investor a great opportunity to capture 25 percent rental upside in a strong rental market.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 7

Appliances

Laundry: None

Features

Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 4,576
Total interior livable area: 4,576 sqft

Property

Parking

Total spaces: 4
Uncovered spaces: 4

Features

Entry location: 1
Pool features: None

Lot

Size: 10,601 Square Feet
Features: Corner Lot

Details

Parcel number: 5101016001
Zoning: LAR2
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Mixed Use

Condition

New construction: No
Year built: 1923

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Urban

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $273/sqft
Date on market: 7/25/2024
Cumulative days on market: 11 days
Listing terms: Cash,Cash to New Loan

Price history

Date	Event	Price
10/1/2024	Sold	$1,250,000+190%$273/sqft
Source: CRMLS #PW24153263 Report a problem
3/28/2024	Listing removed	--
Source: Zillow Rentals Report a problem
3/6/2024	Listed for rent	$1,899+5.6%
Source: Zillow Rentals Report a problem
8/8/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
7/26/2022	Listed for rent	$1,799+12.5%
Source: Zillow Rental Manager Report a problem
11/26/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
11/9/2021	Listed for rent	$1,599+6.7%
Source: Zillow Rental Manager Report a problem
9/15/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
9/3/2021	Listed for rent	$1,499+42.8%
Source: Zillow Rental Manager Report a problem
4/10/2014	Listing removed	$1,050
Source: Urban Housing Report a problem
3/20/2014	Listed for rent	$1,050
Source: Urban Housing Report a problem
12/24/2013	Sold	$431,000$94/sqft
Source: CLAW #13714421 Report a problem