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300 E 55th St
Los Angeles, CA 90011 Vernon-Main

$1,250,000 USD

Apartments For Sale  •  4,222 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,222 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 1950
  • Zoning LAR2
62 Transit Score
77 Walk Score

Highlights

The property sits on a spacious lot measuring at just under 6,000 SF and comprises of (6) 1 Bed/1 Bath and (1) 2 Bed/1 Bath Units
It offers a going-in cap rate of 6.52% and a GRM of 9.41
With 5/7 Units occupied by section 8 tenants, this property is guaranteed to collect government income
Conveniently located in South Los Angeles, the property is surrounded by restaurants, shopping centers, and major metropolitan hubs

Public Transportation

Commuter RailDriveWalkDistance
11 min - 5.5 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 7.2 mi
AirportDriveWalkDistance
Los Angeles International 19 min - 10.4 mi
Long Beach (Daugherty Field) 26 min - 18.7 mi
Bob Hope 31 min - 22.7 mi
Aaron Jacobson 310-729-1559 Lyon Stahl Investment Real Estate
Aaron Jacobson 310-729-1559 Lyon Stahl Investment Real Estate