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$1,295,000
 $6,952 est/mo Sourced by Back At You

211 E 55th Street,Los Angeles, CA 90011

Los Angeles, CA 90011

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Description

211 E 55th St presents an attractive opportunity to acquire a 9-unit multifamily investment opportunity in Los Angeles, offered at $1,295,000. The property features a desirable unit mix of (2) Studios, (6) 1 Bed/1 Bath, and (1) 2 Bed/1 Bath Units, complimented by 4 on-site parking spaces. The property offers strong, in-place returns with a 7.25% Cap Rate and 8.21 GRM, providing investors with an attractive day one-yield. Pro forma rents reflect a 17.51% increase in scheduled income, highlighting meaningful value-add upside. Additionally, one currently vacant unit provides an opportunity to generate additional rental income and further enhance overall returns. Ideally situated in Los Angeles, CA 90011, the property benefits from proximity to major employment centers, retail corridors, and public transportation, making it an attractive investment in an established rental market.

Details

MLS #SB26218695
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1912
Days On Site13
Listing Provided ByLyon Stahl Investment Real Estate, Inc. | Aaron Jacobson

Features

SQ Feet4,660
Garage4
Story(s)2
Units9
Building(s)1
Acreage0.11

Exterior

Lot FeaturesZero To One Unit Acre

Parking

Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Suburban, Sidewalks, Urban

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90011
AreaC42 Downtown L.A.
Listing VS Median (in 90011)
Price:
$1,295,000
low | high
Med:
$799,000
88.301158301158% of Average
sqft:
4,660
low | high
Med:
2,370
99.141630901288% of Average
$ / sqft:
$278
low | high
Med:
$338
28.441813942051% of Average
On site:
13
low | high
Med:
193
6.735751295337% of Average
Sourced by Back At You

Market Activity 90011

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Coldwell Banker Home Source

Coldwell Banker Home Source

01902736 (760) 684-8100info@cbhomesource.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90011
AreaC42 Downtown L.A.
Listing VS Median (in 90011)
Price:
$1,295,000
low | high
Med:
$799,000
88.301158301158% of Average
sqft:
4,660
low | high
Med:
2,370
99.141630901288% of Average
$ / sqft:
$278
low | high
Med:
$338
28.441813942051% of Average
On site:
13
low | high
Med:
193
6.735751295337% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $971K - $1.618M
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
314 W 56th Property Photo 1
$1,299,000
314 W 56th
Los Angeles, CA 90037
314 W 56th Property Photo 1
$1,299,000
314 W 56th
Los Angeles, CA 90037
Listing Updated: October 7, 2026 at 3:45:50 PM PDT

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