- ERA
- California
- Los Angeles
- 300 E 55th Street
300 E 55th Street, Los Angeles, CA 90011
Local realty services provided by:ERA North Orange County Real Estate
300 E 55th Street,Los Angeles, CA 90011
$1,250,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: aaron jacobson, brandon maghen
Office: lyon stahl investment real estate, inc.
MLS#:SB25272472
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,250,000
About this home
300 E 55th St, Los Angeles, CA 90011 is a well-kept 7-unit apartment building in a rapidly improving South LA pocket. Priced at $1,250,000, the property delivers a 6.52% current cap rate and 9.41 GRM, with 43% rental upside. At pro forma rents, the building stabilizes at an excellent 10.66% cap rate and 6.57 GRM, offering strong day-one income with meaningful room for growth. Built in 1950, the asset sits on a 5,851 SF lot with 4,222 SF of building area, consisting of oversized one-bedroom units and a two-bedroom unit. Several units are Section 8, providing stable, consistent collections. The property also features a 3-car garage structure that is already a shell, offering a clear opportunity for conversion into an ADU (buyer to verify). This gives investors an additional, straightforward path to increase income and boost long-term returns. With solid in-place performance, strong rental upside, and on-site ADU potential, 300 E 55th St is a rare sub-$2M asset positioned for both immediate cash flow and long-term value creation in one of LAs most active rental markets.
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Home facts
- Listing ID #:SB25272472
- Added:57 day(s) ago
- Updated:February 04, 2026 at 03:03 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
Finances and disclosures
- Price:$1,250,000
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