709 East 55th Street

Los Angeles, CA 90011

$870,000
Last Sold Price
5
Beds
4
Baths
2,863 Sq. Ft.
$304 / Sq. Ft.
2,863
Sq. Ft.
$304
per Sq. Ft.

Description

PRICE REDUCTION, PRICE REDUCTION, Excellent Investment Property, this great well maintained 4-plex consist of 1 unit, 2 bedroom 1 bath, and 3 units 1 bedroom 1 bath each, 3 garages, fully
occupied. Conveniently located to public transportation and stores. Located in fast growing neighborhood. Must see to appreciated .
PRICE REDUCTION, PRICE REDUCTION, Excellent Investment Property, this great well maintained 4-plex consist of 1 unit, 2 bedroom 1 bath, and 3 units 1 bedroom 1 bath each, 3 garages, fully
occupied. Conveniently located to public transportation and stores. Located in fast growing neighborhood. Must see to appreciated .
  1. Listed by Susana Hernandez • DRE #01029371 • Brokerage DRE #01835381 • Prime Time Realty & Associates

Property Details for 709 East 55th Street

Parking Spaces Total
3
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2863
Assessor Parcel Number
5103-010-015
Property Attached YN
true

Location

Listing Courtesy of Prime Time Realty & Associates, Susana Hernandez, DRE #01029371

Sold By Realty One Group United, William Ramirez, DRE #02027289

Add your commute
LISTING UPDATED: 07/18/2022 10:57 AM

Property Details for 709 East 55th Street

StatusClosed
MLS #DW22011384
Days on Market107
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1929
Lot Size0.13 AC / 5,568 SF
CountyLos Angeles County

Location

Listing Courtesy of Prime Time Realty & Associates, Susana Hernandez, DRE #01029371

Sold By Realty One Group United, William Ramirez, DRE #02027289

Add your commute

Building Information for 709 East 55th Street

Stories2Residences-Year Built1929Building Size-Lot Size0.13 AC / 5,568 SF

Payment Calculator

$5,659 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,748

Property Taxes

$911

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 709 East 55th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $56,076
  • Gross Scheduled Income: $56,076
  • Net Operating Income: $46,178
  • Financing: Cash
Expense Details
  • Operating Expense: $9,898
  • New Taxes Expense: $3,634
  • Fuel Expense: $0
  • Licenses Expense: $276
  • Electric Expense: $0
  • Insurance Expense: $1,704
  • Other Expense: $84
  • Trash Expense: $0
  • Water Sewer Expense: $4,200
  • Total Expenses: $9,898
Tax / Assessment Info
  • Tax Tract Number: 5144
  • Tax Census Tract: 2294.20
  • CFD/Mello-Roos Fee: $500
  • Tax Lot: 18
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,363
  • Unit Type Total Rent: $1,363
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,017
  • Unit Type Total Rent: $1,017
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $993
  • Unit Type Total Rent: $993
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 709 East 55th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 709 East 55th Street

Taxable ValueLand$580,000Additions$290,000Total$870,000
Tax Record2023$10,932 ($911 / month)
Home Facts
Total Finished SqFt2,863 SqFtAbove Grade Finished SqFt2,863 SqFtLot Size5,568 SqFtStyleQuadraplexYear Built1929ZoningLAR2CountyLOS ANGELESAPN5103-010-015

Schools near 709 East 55th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Estrella Elementary School
PublicK to 5

Los Angeles Academy Middle
Public6 to 8

Nava College Preparatory Academy
Public9 to 12

Thomas Jefferson Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Prime Time Realty & Associates, Susana Hernandez, DRE #01029371

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.