Listing Broker: Lyon Stahl Investment Real Estate, Inc.
Listing Agent: Aaron Jacobson
License #: 02100737
310-729-1559
211 E 55th St presents an attractive opportunity to acquire a 9-unit multifamily investment opportunity in Los Angeles, offered at $1,295,000. The property features a desirable unit mix of (2) Studios, (6) 1 Bed/1 Bath, and (1) 2 Bed/1 Bath Units, complimented by 4 on-site parking spaces. The property offers strong, in-place returns with a 7.25% Cap Rate and 8.21 GRM, providing investors with an attractive day one-yield. Pro forma rents
reflect a 17.51% increase in scheduled income, highlighting meaningful value-add upside. Additionally, one currently vacant unit provides an opportunity to generate additional rental income and further enhance overall returns. Ideally situated in Los Angeles, CA 90011, the property benefits from proximity to major employment centers, retail corridors, and public transportation, making it an attractive investment in an established rental market.
| Listing Id: | SB26218695 |
|---|---|
| List Price: | $1,295,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Apartment |
| Status: | Active |
| Lot Size Square Feet: | 4,886.0 |
| Lot Size Acres: | 0.1122 |
| Waterfront?: | No |
| City: | Los Angeles |
| County Or Parish: | Los Angeles |
| Postal Code: | 90011 |
| Year Built: | 1912 |
| Number Of Units Total: | 9 |
| Basement Yn: | No |
| Building Area Total: | 4660.0 |
| Building Area Units: | SquareFeet |
| Common Interest: | CommunityApartment |
| Common Walls: | NoCommonWalls |
| Community Features: | Curbs, Suburban, Sidewalks, Urban |
| Directions: | east of Main St and west of Avalon Blvd |
| Elevation Units: | Feet |
| Entry Level: | 1 |
| Entry Location: | Front |
| Fuel Expense: | 0.0 |
| Garage Spaces: | 4.0 |
| Garage?: | Yes |
| Gross Income: | $157,824 |
| Gross Scheduled Income: | $157,824 |
| Laundry Features: | None |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Contract Date: | 2026-10-07 |
| Listing Terms: | Cash, CashToNewLoan, Conventional, Contract |
| Lot Features: | ZeroToOneUnitAcre |
| Lot Size Acres: | 0.1122 |
| Lot Size Area: | 4886.0 |
| Lot Size Source: | Assessor |
| Lot Size Units: | SquareFeet |
| MLS Area Major: | C42 - Downtown L.A. |
| Net Operating Income: | $93,890 |
| Number Of Buildings: | 1 |
| Number Of Separate Electric Meters: | 9 |
| Number Of Separate Gas Meters: | 9 |
| Number Of Separate Water Meters: | 1 |
| Operating Expense: | $59,199 |
| Original List Price: | $1,295,000 |
| Parcel Number: | 5101013021 |
| Parking Total: | 4 |
| Pool Features: | None |
| Postal City: | LOS ANGELES |
| Rent Control?: | Yes |
| Sewer: | PublicSewer |
| Special Listing Conditions: | Standard |
| State Or Province: | CA |
| Stories Total: | 2 |
| Water Source: | Public |
| Year Built Source: | Assessor |
| Property Sub Type Additional: | Apartment |
| Current Price: | $1,295,000.00 |
| Country Subdivision: | 06037 |
| Record Signature: | 648,257,089 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:06037:5101013021 |
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Based on information from California Regional Multiple Listing Service, Inc. as of October 08, 2026. 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.
California Regional Multiple Listing Service, Inc. data last updated on October 08, 2026 01:59 PM - PT
Property Last Updated: October 08, 2026 01:59 PM - PT
