Los Angeles, CA 90011 1518 E 55th Street
$925,000
Presented By: Steven Patton with HCM Real Estate; 949-351-9750
Beds • 5
Baths • 3
SQFT • 3,461
Garage • 4
Home Details
Great newer construction duplex built in 2014. Each unit is approximately 1730 sf with 5 bedrooms and 3 baths and 2 car garages. Property comes with central air & heat, interior laundry, upgraded kitchen cabinets and countertops. Separate gas and electric meters. Tenants pay all utilities except Water/Sewer. Great location near shopping, transportation, airports, sporting events and freeways. This duplex could make a great addition to your investment portfolio with huge upside on current rents.
Presented By: Steven Patton with HCM Real Estate; 949-351-9750
Interior Features for 1518 E 55th Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem1CommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
Total Stories2
Other Rooms
Entry Level1
General for 1518 E 55th Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, Sidewalks
ContingencyBuyer to participate in Seller’s 1031 Exchange at no cost to Buyer.
CoolingCentralAir
CountyLos Angeles
Days on Market
DirectionsSlauson and Long Beach Ave
ElectricStandard
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income56208.0
HOA0.0
HeatingCentral
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense1608.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5331.0
Lot Size UnitsSquareFeet
MLS AreaC37 - Metropolitan South
MaintenanceExpense8532.0
MobileHomeRemainsYNNo
Net Operating Income28571.0
New ConstructionNo
Number of Units Leased2
NumberOfUnitsTotal2
Operating Expense27637.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot75
Taxes$8,076
Tenant PaysCableTV, Electricity, Gas
TermsCash, CashtoExistingLoan, Conventional, Item1031Exchange, FHA
Total Actual Rent4684.0
Trash Expense4710.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
ViewNone
View Y/NNo
Water Sewer Expense4710.0
Waterfront Y/NNo
Year Built2014
Year Built SourcePublicRecords
ZoningLAR2
Exterior for 1518 E 55th Street
Building Area Total3461.0
Crops Included Y/NNo
FencingWroughtIron
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel
Lot Size Acres0.1224
Lot Size Area5331.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesGarage
Road Surface TypePaved
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480