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147 E 55th

Los Angeles (City), CA 90011
  • $890,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: SB26086678
UPDATED: 65 min ago
$890,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Derek Fowler of Re/Max Commercial & Investment (310-802-2500)


Description

This well-maintained fourplex at 147 E 55th Street offers an excellent opportunity in a high-density Los Angeles submarket. Built in 1964 and featuring a newer roof, the property consists of four spacious 2-bedroom, 1-bathroom units. The 4,836 SQFT lot provides dedicated rear parking for each unit. Benefiting from years of professional management, the building is primed for stability, long-term rent growth and upon vacancy turnover a +/-70% upside in rents. Tenants enjoy effortless commuting with quick access to major freeways, placing Downtown LA, USC, and SoFi Stadium just minutes away.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-13T17:37:37.08. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/175641627
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147 E 55th Los Angeles (City), CA 90011

  • Price: $890,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 65 min ago
  • ID#: SB26086678
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1964
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
This well-maintained fourplex at 147 E 55th Street offers an excellent opportunity in a high-density Los Angeles submarket. Built in 1964 and featuring a newer roof, the property consists of four spacious 2-bedroom, 1-bathroom units. The 4,836 SQFT lot provides dedicated rear parking for each unit. Benefiting from years of professional management, the building is primed for stability, long-term rent growth and upon vacancy turnover a +/-70% upside in rents. Tenants enjoy effortless commuting with quick access to major freeways, placing Downtown LA, USC, and SoFi Stadium just minutes away.
Exterior Features

Entry Level 1 Entry Location Ground Fencing Wrought Iron Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 4 Parking Features AssignedDrivewayOn SiteUncovered Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No

Interior Features

Common Walls 1 Common Wall Fireplace Features None Fireplace YN No Heating Natural Gas Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 2.99 Common Interest None Community Features Gutter(s)Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 54372 Gross Scheduled Income 54372 Insurance Expense 0 Land Lease YN No Laundry Features See Remarks Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 26573 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 25080 Possession Close Of Escrow Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 8797 Tax Year 2025 Tenant Pays ElectricityGas Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 2719 Vacancy Allowance Rate 5 Water Sewer Expense 0 Water Source Public Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-13T17:37:37.08. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
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RE/MAX Empire Properties
street
Hemet CA, 92545
Listing Agent(s): Derek Fowler of Re/Max Commercial & Investment (310-802-2500)