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$708,000   Price Analysis
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1139 E 55th St
Los Angeles, CA 90011
5 bed 4 bath 1,720 SqFt ($411/SqFt)
5,117SqFt lot. Built 1922
Listed 2024-07-19, Taxes $4,832
Ⓧ USDA Ineligible
due to location

near Los Angeles

Prime Investment Opportunity: Wonderfully maintained Duplex Property in a convenient location south of Downtown LA and near USC!

* Sale Pending *

Property has been well maintained and cherished by Owners and both units shall be ready for immediate occupancy at close of escrow. Great potential for any Buyer or Investor, perhaps consider Live in 1 unit + Generate income with the 2nd unit, the Options are flexible to your preferences! Front House features a nice floor plan with Three (3) beds /1.75 Baths (1139 E. 55th Street); Rear Home features Two (2) Beds/ 1 Bath (1141 E 55th Street) + additional half bathroom near the carport area. Carport area may accommodate approx 4 cars covered parking + 2 additional vehicles on the large gated driveway. Gas Laundry hook-ups located at carport. Property has a fully fenced perimeter exceptional for pets and/or private outdoor enjoyment and summer BBQs!

Owner has installed newer Laminate flooring and recently completed both indoor and outdoor frest paint. Situated in a desirable location near USC, this Duplex property provides great Income potential and/or Invstment opportunity for any Buyer or Investor.


Presented by Michael Reynoso at
Coldwell Banker Dynasty/Tc.


Property MLS #WS24148770 from CRMLS

Bedrooms: 5

Built-in Features
Ceiling Fan(s)
Granite Counters
Flooring: Laminate, Tile
Window Features: Blinds, Drapes

Appliances: Gas Oven, Water Heater Central
Appliances YN: Yes
Laundry Features: Gas Dryer Hookup, In Carport, Washer Hookup

Family Room, Kitchen, Living Room

Cooling Features: Wall/Window Unit(s)
Fireplace Features: Decorative
Heating Features: Wall Furnace
Heating: Yes

Full Bathrooms: 4

Fencing: Fence YN: Yes, Fencing: Fair Condition
Road Frontage Type: City Street
Road Surface Type: Gravel

Carport Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Carport, Driveway, Concrete, Gated
Parking Total: 6

Lot Description: Front Yard, Rectangular Lot, Near Public Transit
Lot Size Acres: 0.1174702
Lot Size Source: Assessor
Lot Size Square Feet: 5117

Number of Units: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2

Calculated Total Monthly Association Fees: 0

Rent Control: Yes

Community Features: Sidewalks, Street Lights, Suburban

Source Listing Status: Pending
County: Los Angeles
Source Property Type: Residential Income
Area: C37 - Metropolitan South
Source Neighborhood: C37 - Metropolitan South
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 5104016019
Postal Code Plus 4: 4719
Zoning: LAR2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$174,344 + $213,212
$387,556
$4,832
2021$170,926 + $209,032
$379,958
$4,768
2020$169,174 + $206,889
$376,063
$4,812
2019$165,857 + $202,833
$368,690
$4,628
2018$162,605 + $198,856
$361,461
$4,549
2017$159,417 + $194,957
$354,374
$4,450
2016$156,292 + $191,135
$347,427
$4,338
2015$153,945 + $188,264
$342,209
$4,276
2014$150,930 + $184,577
$335,507
$4,301
2013$150,248 + $183,743
$333,991
$4,301
2012$147,302 + $180,141
$327,443
$4,358
2010$144,414 + $176,609
$321,023
$4,270
2009$143,676 + $175,707
$319,383
$4,117
2009$143,335 + $175,290
$318,625
$4,117
2008$140,859 + $172,262
$313,121
$3,945
2007$138,098 + $168,885
$306,983
$3,812

Listed 2024-07-19
$708,000
CRMLS
Sold 1997-09-25
$160,000
Public Record
Sold 1997-07-16
$100,000
Public Record
Sold 1989-12-20
$140,000
Public Record

Total Square Feet Living: 1720
Year Built: 1922
Building Features: 2
Common Walls: No Common Walls
Construction Materials: Drywall Walls, Stucco
Entry Level: 1
Entry Location: Ground level
Property Age: 102
Roof: Shingle
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Assessor

Electric: Standard
Sewer: Sewer: Sewer Paid, Water Sewer Expense: 0.00
Electricity Connected
Natural Gas Connected
Phone Connected
Sewer Connected
Water Connected
Water Source: Public

2+ Access Exits

Hooper Avenue Elementary School is a public elementary school located approximately 0.2 miles away.
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Los Angeles Academy Middle is a public middle school located approximately 0.5 miles away.
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Nava College Preparatory Academy is a public high school located approximately 1.1 miles away.
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St. Odilia Elementary School is a private elementary and middle school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.