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314 56th Street

Los Angeles, CA 90037

$930,000 Sale Price
Est. Payment: $ 0/mo
10
Bed
0
Bath
3,686 Sq. Ft.
$251 / Sq. Ft.
Sold

314 56th Street

Los Angeles, CA 90037

Sold
$930,000 Sale Price
$0/mo
10
Bed
0
Bath
3,686
Sq. Ft.
**Priced to sell! ** Great South L.A. location on W 56th St. just north of Slauson Ave. and south of the up-and-coming Figueroa neighborhood adjacent to the University of Southern Cal. The subject property is very near Downtown L.A. and minutes to LAX and SoFi Stadium. Additionally, there are multiple newly developed 2-unit properties almost adjacent to the subject property on W 56th St. Built in 2013, the property is not subject to City or State rent-control. This well-maintained property features two large five bedroom – three bath units with spacious floor plans. Both tenants are section-8 (providing secured income). The property is separately metered (tenants pay for electric, gas, & trash), gated, and features a detached-enclosed three car garage with additional surface parking at the rear of property. This is a fantastic cash-flowing property for any investor looking to capitalize on newer construction (low-maintenance) / non-rent control asset in a rapidly improving area of L.A. Property to be sold in "As-Is" condition. Buyer to verify all info.
PROPERTY INFORMATION
MLS # SR22251645 Lot Size 5,867 Sq. Ft.
HOA Fees $0/Monthly Property Type Duplex
Price $ 925,000
Price Per SqFt: $ 251
DOM 912 Days
Address 314 56th Street Type Residential Income
City Los Angeles Sq.Ft. 3,686 Sq. Ft.
Postal Code 90037 Garage 3
County Los Angeles Year Built 2013
Bed / Bath 10 / 0 Parking 4
Built In 2013 Status Closed
Sold Date 2023-01-17
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Inside
EntryLocation 2
Entry Level 1
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $987
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
01/17/2023 Sold $930,000
12/05/2022 Listed $925,000
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Listing provided courtesy of Matthew Sillaman, LB Property Management Inc. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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