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211 E 55th Street, Los Angeles, CA 90011

Local realty services provided by:CENTURY 21 LOTUS
211 E 55th Street,Los Angeles, CA 90011
$1,495,000
  • 10 Beds
  • 9 Baths
  • 4,660 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan rawson
Office: avenue realty group
MLS#:26652631
Source:CRMLS

Price summary

  • Price:$1,495,000
  • Price per sq. ft.:$320.82

About this home

Jon Rawson is pleased to present 211 E 55th St, a well-kept and recently remodeled 9-unit apartment building located in the rapidly improving South Los Angeles pocket. The property is being offered at a lucrative $166k Price Per Unit with a desirable and balanced unit mix of (3) 2 Bed/1 Bath, (4) 1 Bed/1 Bath & (2) Large Studio Units, with on-site parking for 4 units. 7 of 9 units were recently remodeled, with 5 of those units getting in-place market rents. (2) of the renovated 1 Bed/1 Bath units just finished renovation and are market rent move-in-ready. 7.41% current cap rate and 8.22x current GRM once both vacant units are leased. The 2 non-renovated and below market units offer approximately 140% future rental upside. All units are separately metered for gas & electricity. In addition to renovated units, the common area hallways have been renovated, the exterior has been repainted with new trim, electrical repairs, 9A work completed, and more. 211 E 55th St offers a central urban

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Home facts

  • Year built:1912
  • Listing ID #:26652631
  • Added:7 day(s) ago
  • Updated:February 24, 2026 at 11:29 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:9
  • Living area:4,660 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1912
  • Building area:4,660 sq. ft.
  • Lot area:0.11 Acres

Finances and disclosures

  • Price:$1,495,000
  • Price per sq. ft.:$320.82
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