James Nagorski - Coldwell Banker Commercial Real Estate Solutions Logo
$1,060,000
 $5,690 est/mo Sourced by Back At You

1309 E 55th Street,Los Angeles, CA 90011

Los Angeles, CA 90011

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Description

This property is in a Low to Moderate Income Census Tract and QUALIFIES FOR The Hello Home Grant Program up to $20,000 with exclusive City National Bank/RBC U.S. Mortgage. The property qualifies for the $20,000 grant with no income restrictions. Use towards down payment Pay Closing Costs and Loan Fees Pay discount points for rate buydowns - lower payments 3% down payments available No Mortgage Insurance (No PMI) - Huge! TRIPLEX in the heart of LA near UCS with GREAT INCOME and VERY low operating expense. VERY LARGE 1 bdr/1bath (can be converted into two bedrooms) is getting $1900 (sect 8 tenant) in rental income, 2 bdr/1bath pays $2474 (sec 8 tenant), and 3 bdr/1bath is getting $3400 (sec 8 tenants). Monthly income of $7774 if you account for all units being occupied on ANNUALLY $93,288. All units in great condition, new plumbing and electrical, updated bathroom (two of units) and new flooring, double pane windows, new paint... All units have their own separate parking and gated parking spot, 3 seperate gas/ elecricity meters with 1 water meter. and the seller pays water only! Very low operating costs! This is THE BEST DEAL IN LOS ANGELES. Submit your offer TODAY!

Details

MLS #SR22123746
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1924
Days On Site1592
Listing Provided ByMazdak Sarehkhani | Mazdak Sarehkhani

Features

SQ Feet2,096
Garage2
Units3
Building(s)3
ZoningLAR2
Acreage0.12

Interior

AppliancesDryer

Exterior

Lot FeaturesRectangular Lot, Walkstreet

Parking

Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesSidewalks

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90011
AreaC37 Metropolitan South
Listing VS Median (in 90011)
Price:
$1,060,000
low | high
Med:
$1,000,000
55.660424528302% of Average
sqft:
2,096
low | high
Med:
1,588
74.236641221374% of Average
$ / sqft:
$506
low | high
Med:
$675
16.494757412399% of Average
On site:
1592
low | high
Med:
157
100% of Average
Sourced by Back At You

Market Activity 90011

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Additional Information

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Learn More About This Property

James Nagorski

James Nagorski

Coldwell Banker Commercial

02248064 (805) 538-3393james.nagorski@cbcinland.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90011
AreaC37 Metropolitan South
Listing VS Median (in 90011)
Price:
$1,060,000
low | high
Med:
$1,000,000
55.660424528302% of Average
sqft:
2,096
low | high
Med:
1,588
74.236641221374% of Average
$ / sqft:
$506
low | high
Med:
$675
16.494757412399% of Average
On site:
1592
low | high
Med:
157
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $795K - $1.325M
sqft: 1,500 - 2,500
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1141 East 50th Street Property Photo 1
$1,059,000
1141 East 50th Street
Los Angeles, CA 90011
Listing Updated: October 15, 2026 at 10:05:29 AM PDT

James Nagorski - Coldwell Banker Commercial Real Estate Solutions