Seller's Agent in 2024
Jonathan Rawson
Avenue Realty Group
(424) 293-1391
2 in this area
16 Total Sales
211 E 55th St Los Angeles, CA 90011
South Park Neighborhood
9
Beds
9
Baths
4,660
Sq Ft
4,886
Sq Ft Lot
About This Home
As of March 2024211 E 55th Street is 9 units in South LA, and just a quick drive to all of the developments and community attractions at Exposition Park, USC and DTLA. Unit mix is (3) 2+1's, (4) 1+1's and (2) Singles. Large value add offering at only $132k per door, 11.87 GRM on current rents, and $256 per RSF. Substantial rental upside at 105%, conservatively, with a 5.82 GRM and 12.61% cap rate at stabilized rents. All units are separately metered for gas & electricity. Great opportunity for a long-term hold Buyer to capture upside and reposition the asset while getting in at a great pricing basis. Tenants enjoy easy access and mobility around LA by being blocks from the 110 Freeway entrance/exits. **This property is part of a 3-building portfolio with 1861 W MLK Jr Blvd (12 Units) and 709 E 49th Street (2 Units). All 3 can be bought together or separate.**
Last Agent to Sell the Property
Avenue Realty Group License #02010400 Listed on: 08/29/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1912
Lot Details
- 4,886 Sq Ft Lot
- Lot Dimensions are 40x122
Interior Spaces
- 4,660 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Bathrooms
Utilities
- Heating System Mounted To A Wall or Window
Community Details
- 9 Units
Listing and Financial Details
- Tenant pays for gas, electricity
- The owner pays for water, gardener
- Assessor Parcel Number 5101-013-021
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2023
Closed on
Mar 19, 2024
Sold by
Bought by
Seller's Agent
Jonathan Rawson
Avenue Realty Group
Buyer's Agent
Jonathan Rawson
Avenue Realty Group
List Price
$1,195,000
Sold Price
$950,000
Premium/Discount to List
-$245,000
-20.5%
Views
318
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
0.0677%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 17, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
0.027%
Mortgage Type
Commercial
Purchase Details
Listed on
Jun 20, 2012
Closed on
Jul 16, 2012
Sold by
Bought by
Seller's Agent
Doug Rodermund
Morgan Skenderian
Buyer's Agent
D. Danielle Hoston Wrighster
D Danielle Hoston Wrighster
List Price
$588,000
Sold Price
$576,000
Premium/Discount to List
-$12,000
-2.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
0.0365%
Mortgage Type
Commercial
Purchase Details
Listed on
Jun 20, 2012
Closed on
Jun 11, 2012
Sold by
Bought by
Seller's Agent
Doug Rodermund
Morgan Skenderian
Buyer's Agent
D. Danielle Hoston Wrighster
D Danielle Hoston Wrighster
List Price
$588,000
Sold Price
$576,000
Premium/Discount to List
-$12,000
-2.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
0.0365%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 1, 2011
Sold by
Bought by
Purchase Details
Closed on
Mar 23, 2011
Sold by
Bought by
Purchase Details
Closed on
Sep 10, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
0.065%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 30, 2004
Sold by
Bought by
Purchase Details
Closed on
Aug 30, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
0.0595%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 29, 2003
Sold by
Bought by
Purchase Details
Closed on
Apr 29, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
0.0685%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 14, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
0.0685%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 24, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
0.0685%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 16, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,531
Interest Rate
0.0838%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 30, 1998
Sold by
Bought by
Purchase Details
Closed on
Dec 22, 1994
Sold by
Bought by
Purchase Details
Closed on
Aug 16, 1994
Sold by
Bought by
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $479,500 | Chicago Title Company | ||
| -- | Ticor Title | ||
| $576,000 | First American Title Insuran | ||
| $540,000 | Service Link | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- | ||
| -- | Provident Title Company | ||
| -- | -- | ||
| -- | -- | ||
| -- | Provident Title Company | ||
| $51,000 | Commonwealth Land Title Co | ||
| -- | American Title Co | ||
| $180,000 | Orange Coast Title | ||
| $185,000 | Continental Lawyers Title Co | ||
| $181,912 | Chicago Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $500,000 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $432,000 | ||
| Previous Owner | $432,000 | ||
| Previous Owner | $650,000 | ||
| Previous Owner | $625,000 | ||
| Previous Owner | $198,000 | ||
| Previous Owner | $371,000 | ||
| Previous Owner | $284,000 | ||
| Previous Owner | $19,000 | ||
| Previous Owner | $25,531 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/29/2024 03/29/24 | Sold | $950,000 | -20.5% | $204 / Sq Ft | |
| 09/20/2023 09/20/23 | Pending | -- | -- | -- | |
| 08/29/2023 08/29/23 | For Sale | $1,195,000 | +107.5% | $256 / Sq Ft | |
| 08/05/2012 08/05/12 | Sold | $576,000 | -2.0% | $124 / Sq Ft | View Prior Sale |
| 07/02/2012 07/02/12 | Pending | -- | -- | -- | |
| 06/20/2012 06/20/12 | For Sale | $588,000 | -- | $126 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $13,564 | $969,000 | $744,600 | $224,400 |
| 2024 | $9,348 | $695,383 | $301,574 | $393,809 |
| 2023 | $9,182 | $681,749 | $295,661 | $386,088 |
| 2022 | $8,786 | $668,382 | $289,864 | $378,518 |
| 2021 | $8,662 | $655,278 | $284,181 | $371,097 |
| 2020 | $8,738 | $648,560 | $281,268 | $367,292 |
| 2019 | $8,422 | $635,844 | $275,753 | $360,091 |
| 2018 | $8,313 | $623,378 | $270,347 | $353,031 |
| 2016 | $7,879 | $599,173 | $259,850 | $339,323 |
| 2015 | $7,773 | $590,174 | $255,947 | $334,227 |
| 2014 | $7,840 | $578,614 | $250,934 | $327,680 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Rawson
-
Doug Rodermund
Seller's Agent in 2012
Doug Rodermund
Morgan Skenderian
(949) 295-8560
36 Total Sales
-
D
Buyer's Agent in 2012
D. Danielle Hoston Wrighster
D Danielle Hoston Wrighster
Map
Source: The MLS
MLS Number: 23-305631
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 207 E 55th St
- 215 E 55th St Unit 1102
- 215 E 55th St Unit 906
- 215 E 55th St Unit 806
- 215 E 55th St Unit 808
- 215 E 55th St Unit 507
- 215 E 55th St Unit 707
- 215 E 55th St Unit 708
- 215 E 55th St Unit 908
- 215 E 55th St Unit 807
- 215 E 55th St Unit 504
- 215 E 55th St Unit 608
- 215 E 55th St Unit 508
- 215 E 55th St Unit 907
- 215 E 55th St Unit 605
- 215 E 55th St Unit 603
- 215 E 55th St Unit 505
- 215 E 55th St Unit 604
- 215 E 55th St Unit 706
- 215 E 55th St Unit 801
Your Personal Tour Guide
Ask me questions while you tour the home.