Seller represented by:
JOSE M. MARIN with Marin Realty Group

Buyer represented by:
JOSE M. MARIN with Marin Realty Group

431 E 56th St Los Angeles, CA 90011
  • Sold
  • Multi Family · 4 Units

431 E 56th St Los Angeles, CA 90011 Get directions

$800,000 $242/Sq. ft.
3,300 Sq. ft. 5,299 Sq. ft. Lot
  • Age 57 Years
  • MLS# SW19194154
  • Listed 2 Years 7 Months 10 Days Ago

Overview

Fantastic Investment opportunity!!!! This well maintained apartment building consists of 4 units, each unit consists of 2 bedrooms and 1 bath. Don't miss out on a Bread and Butter income property opportunity! This 4-unit building offers upside rent potential, 1 vacant unitupon closing, and separately metered units for gas and electric. Attractive and spacious layouts are offered in each of the 4 identical 2 bed, 1 bath units.The top floor (Unit #3) unit will be vacant at closing, and offers laminate wood flooring throughout. Conveniently located in downtown LA , close to shopping, museums, Staples Center, LAConvention Center, USC, 110 and 10 Freeways and LA 's Fashion District. A side from the central location, this property featuresabundant onsite, fresh exterior paint, dual pane windows, 4 parking spaces in back, and a long driveway. Individual Electric and Gas meters. Please do not disturb tenants.No warranties expressed or implied. Buyer to verify and satisfy on all aspects of the property such as, but not limited to permits, rent control, bed/bath count, square footage, legality, etc.

  • Seller represented by:
  • REALTOR ® JOSE M. MARIN with Marin Realty Group
  • Buyer represented by:
  • REALTOR ® JOSE M. MARIN with Marin Realty Group

Features

Interior Features

  • Window Features: Double Pane Windows

Land Info

  • Lot Description: Yard
  • Lot Size Acres: 0.1216483
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5299

Garage and Parking

  • Parking Features: Parking YN: Y, Parking Features: Driveway

Multi-Unit Info

  • Number of Units: 4

Amenities and Community Features

  • Community Features: Curbs

Other Property Info

  • Source Listing Status: Closed
  • County: Los Angeles
  • Source Property Type: Multi-Family
  • Insurance Expense: 2500.00
  • Area: 699 - Not Defined
  • Source Neighborhood: 699 - Not Defined
  • Parcel Number: 5101003011
  • Postal Code Plus 4: 5145
  • Zoning: LARD2
  • Source System Name: C2C

Commercial Info

  • Net Operating Income: 66645.00

Building and Construction

  • Total Square Feet Living: 3300.00
  • Year Built: 1964
  • Building Features: 1
  • Common Walls: 2+ Common Walls
  • Property Age: 56
  • Property Attached: Yes
  • Property Condition: Updated/Remodeled
  • Building Total Stories: 2
  • Year Built Source: Assessor

Utilities

  • Electric Expense: 800.00
  • Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
  • Water Source: Public

Nearby Schools

Rating School Grades Distance
5 Estrella Elementary School K-5 0.4 mi
3 Los Angeles Academy Middle School 6-8 0.1 mi
3 Nava College Preparatory Academy School 9-12 1.5 mi
NA Alliance College-Ready Middle Academy 12 Private School 6-8 0.6 mi

School data provided by National Center for Education Statistics, Maponics, and GreatSchools. Intended for reference only. GreatSchools Ratings compare a school’s test performance to statewide results. To verify enrollment eligibility, contact the school or district directly.

Property History for 431 E 56th St

Property Tax

Property Price

Date Event Price Price / Sq ft Source
2019-10-16 Sold - - CRMLS
2014-01-29 Listing removed $1,195 $1 WestsideRentals
2013-12-17 Price Changed for rent $1,195 $1 WestsideRentals
2013-12-11 Listed for rent $1,275 $1 WestsideRentals
2013-12-10 Listing removed $1,275 $1 WestsideRentals
2013-02-13 Sold - - Public Record
2002-10-11 Sold - - Public Record
1991-10-04 Sold - - Public Record
1989-08-18 Sold - - Public Record

The price and tax history data is obtained from public records and/or MLS feeds from local jurisdiction. Contact your REALTOR® directly in order to obtain the most up-to-date information available.