1267 E 56th St Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated payment $6,924/month
Highlights
- Laundry Room
- Dog Park
- 1-Story Property
- Bike Trail
About This Home
1267 E 56th Street presents an opportunity to acquire a
stable, income-producing four-unit property in the heart
of Los Angeles. Spread across 2,066 square feet on a 5,392
square foot lot, the property features a well-balanced unit
mix of (3) 1 Bedroom/1 Bath units and (1) 3 Bedroom/2
Bath unit.
The asset generates a strong $10,164 in monthly rental
income, supported entirely by Section 8 tenancy,
providing investors with secure, government-backed rent
payments and exceptional income reliability. With an
impressive 7.87% cap rate and 9.80 GRM, this property
stands out as a high-yield investment with dependable
performance and minimal collection risk.
Residents benefit from the property’s central South LA
location, offering convenient access to major employment
centers, public transit lines, and key corridors connecting
to Downtown Los Angeles and the surrounding metro
area. The combination of strong in-place income, stable
tenancy, and an efficient unit mix makes 1267 E 56th Street
an ideal acquisition for investors seeking immediate cash
flow and long-term portfolio strength.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-729-1559 License #02100737 Listed on: 12/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,889
Year Built
- Built in 1940
Lot Details
- 5,392 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,066 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 214
- Tax Tract Number 1234
- Assessor Parcel Number 5104018030
- $302 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 2 Buildings
- 4 Units
Recreation
- Dog Park
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $24,204
- Gross Income $121,968
- Net Operating Income $94,105
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,889 | $645,048 | $509,796 | $135,252 |
| 2024 | $7,889 | $632,400 | $499,800 | $132,600 |
| 2023 | $5,283 | $415,303 | $216,299 | $199,004 |
| 2022 | $5,035 | $407,160 | $212,058 | $195,102 |
| 2021 | $4,970 | $399,177 | $207,900 | $191,277 |
| 2019 | $4,824 | $387,339 | $201,735 | $185,604 |
| 2018 | $4,743 | $379,745 | $197,780 | $181,965 |
| 2016 | $4,527 | $365,000 | $190,100 | $174,900 |
| 2015 | $3,696 | $295,281 | $80,802 | $214,479 |
| 2014 | $3,715 | $289,498 | $79,220 | $210,278 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Sale | $1,195,000 | +91.2% | $578 / Sq Ft | |
| 02/24/2023 02/24/23 | Sold | $625,000 | -3.8% | $448 / Sq Ft | View Prior Sale |
| 01/07/2023 01/07/23 | Pending | -- | -- | -- | |
| 12/21/2022 12/21/22 | For Sale | $650,000 | 0.0% | $466 / Sq Ft | |
| 12/01/2022 12/01/22 | Pending | -- | -- | -- | |
| 11/02/2022 11/02/22 | For Sale | $650,000 | +4.0% | $466 / Sq Ft | |
| 10/21/2022 10/21/22 | Off Market | $625,000 | -- | -- | |
| 10/20/2022 10/20/22 | For Sale | $650,000 | +78.1% | $466 / Sq Ft | |
| 09/11/2015 09/11/15 | Sold | $365,000 | -1.1% | $262 / Sq Ft | View Prior Sale |
| 07/28/2015 07/28/15 | Pending | -- | -- | -- | |
| 03/09/2015 03/09/15 | For Sale | $369,000 | -- | $265 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $620,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Orange Coast Title Co Socal | |
| Grant Deed | $365,000 | Fidelity National Title Co | |
| Grant Deed | $277,000 | Fnt | |
| Trustee Deed | $186,027 | None Available | |
| Interfamily Deed Transfer | $91,500 | Fidelity National Title Co | |
| Corporate Deed | $169,000 | Gateway Title Company | |
| Grant Deed | $64,000 | Gateway Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $403,000 | New Conventional | |
| Previous Owner | $360,059 | FHA | |
| Previous Owner | $358,388 | FHA | |
| Previous Owner | $269,978 | FHA | |
| Previous Owner | $251,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $164,494 | FHA | |
| Previous Owner | $58,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25269968
APN: 5104-018-030
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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