Seller's Agent in 2024
Mark Perez
Circle Real Estate
(562) 924-3090
3 in this area
111 Total Sales
1386 E 55th St Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated Value: $649,000 - $705,000
6
Beds
4
Baths
2,490
Sq Ft
$269/Sq Ft
Est. Value
Highlights
- No HOA
- Central Heating
- 1-Story Property
- Laundry Room
About This Home
As of December 2024This income-producing triplex features a large single-structure front house with 2 bedrooms and 1.5 bathrooms, along with a detached 2-car garage. Additionally, the property includes a separate rear duplex structure consisting of two 2-bedroom, 1-bathroom units. Ample parking is available, and the property is gated for privacy. All units are fully occupied by long-term, stable tenants, providing immediate rental income. The property will be sold tenant-occupied and will not be delivered vacant. Conveniently located near schools, shopping centers, downtown LA, LA Live, Staples Center, grocery stores, restaurants, coffee shops, parks, and with easy access to major freeways. Offers great upside rental potential in a highly desirable metropolitan location. Ideal for both seasoned investors and first-time buyers looking for a reliable income stream. Priced to sell—don't miss out on this excellent investment opportunity!
Last Agent to Sell the Property
Circle Real Estate Brokerage Phone: 562-754-0660 License #01279393 Listed on: 10/11/2024
Last Buyer's Agent
Elmer Indrawan
Top Producers Realty Partners License #02127147
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 5,201 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,490 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Additional Features
- Urban Location
- Central Heating
Listing and Financial Details
- Legal Lot and Block 1 / E
- Tax Tract Number 2291
- Assessor Parcel Number 5104019001
- $418 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,000
- Trash Expense $1,509
- Water Sewer Expense $5,000
- Operating Expense $8,509
- Net Operating Income $37,535
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2024
Closed on
Nov 15, 2024
Sold by
Gidi And Noga Family Trust and Roni Braitanbaum Living Trust
Bought by
Ma Family Trust and Ma
Seller's Agent
Mark Perez
Circle Real Estate
Buyer's Agent
Elmer Indrawan
Top Producers Realty Partners
List Price
$680,000
Sold Price
$660,000
Premium/Discount to List
-$20,000
-2.94%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,509
Avg. Annual Appreciation
1.34%
Original Mortgage
$180,000
Outstanding Balance
$178,401
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$492,108
Purchase Details
Listed on
Oct 22, 2013
Closed on
Mar 14, 2014
Sold by
Alvarez Juana
Bought by
The Gidi & Noga Cohen Family Trust
Seller's Agent
Oscar Interiano
OMI & ASSOCIATES
Buyer's Agent
Bryan Castillo
Castillo Realty Group, Inc.
List Price
$379,000
Sold Price
$370,000
Premium/Discount to List
-$9,000
-2.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$259,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 26, 2006
Sold by
Alvarez Jose
Bought by
Alvarez Jose and Alvarez Juana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ma Family Trust | $660,000 | Fidelity National Title | |
| The Gidi & Noga Cohen Family Trust | $370,000 | North American Title Company | |
| Alvarez Jose | -- | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ma Family Trust | $180,000 | |
| Previous Owner | The Gidi & Noga Cohen Family Trust | $259,000 | |
| Previous Owner | Alvarez Jose | $268,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/10/2024 12/10/24 | Sold | $660,000 | -2.9% | $265 / Sq Ft | |
| 11/12/2024 11/12/24 | Pending | -- | -- | -- | |
| 10/11/2024 10/11/24 | For Sale | $680,000 | +83.8% | $273 / Sq Ft | |
| 03/21/2014 03/21/14 | Sold | $370,000 | -2.4% | $149 / Sq Ft | View Prior Sale |
| 02/16/2014 02/16/14 | Pending | -- | -- | -- | |
| 07/25/2013 07/25/13 | For Sale | $379,000 | -- | $152 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $5,753 | $660,000 | $600,000 | $60,000 |
| 2024 | $5,753 | $444,665 | $228,342 | $216,323 |
| 2023 | $5,647 | $435,947 | $223,865 | $212,082 |
| 2022 | $5,393 | $427,400 | $219,476 | $207,924 |
| 2021 | $5,317 | $419,021 | $215,173 | $203,848 |
| 2020 | $5,366 | $414,725 | $212,967 | $201,758 |
| 2019 | $5,163 | $406,594 | $208,792 | $197,802 |
| 2018 | $5,090 | $398,623 | $204,699 | $193,924 |
| 2016 | $4,848 | $383,146 | $196,751 | $186,395 |
| 2015 | $4,780 | $377,392 | $193,796 | $183,596 |
| 2014 | $2,977 | $219,282 | $87,712 | $131,570 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Perez
-
Gabriel Mejorado
Seller Co-Listing Agent in 2024
Gabriel Mejorado
Circle Real Estate
(213) 880-5141
1 in this area
30 Total Sales
-
E
Buyer's Agent in 2024
Elmer Indrawan
Top Producers Realty Partners
-
Oscar Interiano
Seller's Agent in 2014
Oscar Interiano
OMI & ASSOCIATES
(626) 391-1535
38 Total Sales
-
Bryan Castillo
Buyer's Agent in 2014
Bryan Castillo
Castillo Realty Group, Inc.
(310) 498-6908
1 in this area
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS24209904
APN: 5104-019-001
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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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