$790,000

Estimated payment $5,084/month

Total Views 175
5 Beds
3 Baths
2,052 Sq Ft
$385 Price per Sq Ft

About This Home

Excellent opportunity to own a versatile and recently fully remodeled duplex in the heart of Los Angeles! Located at 223 E 55th St, this residential income property offers approximately 2,052 square feet of living space with a total of 5 bedrooms and 3 bathrooms. Whether you're an investor looking to expand your portfolio or an owner-user seeking the flexibility to live in one unit while generating rental income from the other, this property offers plenty of possibilities.Conveniently located with easy access to the 110 Freeway, Downtown Los Angeles, USC, shopping, dining, public transportation and major employment centers. The property also features separate gas and electric meters, providing added convenience for a multi-unit property.A great opportunity for buyers looking for income potential in a central Los Angeles location. Bring your vision and take advantage of everything this duplex has to offer. Buyer and buyer's agent to independently verify all information, including square footage, unit configuration, permits, zoning, rental information and potential uses.

Listing Agent

Leonard Lee

Property Advisors Group, Inc License #01813331 Listed on: 08/24/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 4,909 Sq Ft Lot
  • Lot Dimensions are 40x123

Parking

  • 1 Car Garage

Interior Spaces

  • 2,052 Sq Ft Home
  • Multi-Level Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5101-013-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

4,909 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2052
  • Lot Acreage: 0.1127
  • Lot Dimensions: 40x123
  • Year Built: 1921
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 384.99

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 1 Car
  • Total Parking: 3

Lot Info

  • Assessed Improvement Percent: 25.00
  • Assessed Improvement Value: 180405
  • Assessed Land Percent: 75
  • Assessed Land Value: 541216
  • Total Assessed Value: 721621
  • Assessor Parcel Number: 5101-013-018
  • Lot Size Area: 4909

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 17.26
  • Number Of Units: 3
  • Type Of Units: 3

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2026 $8,956 $736,053 $552,040 $184,013
2025 $8,956 $721,621 $541,216 $180,405
2024 $8,798 $707,472 $530,604 $176,868
2023 $8,630 $693,600 $520,200 $173,400
2022 $8,230 $680,000 $510,000 $170,000
2021 $5,712 $461,466 $315,353 $146,113
2019 $5,543 $447,780 $306,000 $141,780
2018 $5,494 $439,000 $300,000 $139,000
2017 $3,398 $264,710 $113,636 $151,074
2016 $3,302 $259,520 $111,408 $148,112
2015 $3,256 $255,623 $109,735 $145,888
2014 $3,279 $250,617 $107,586 $143,031
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
08/24/2026 08/24/26 For Sale $790,000 +16.2% $385 / Sq Ft
12/09/2021 12/09/21 Sold $680,000 -2.9% $331 / Sq Ft View Prior Sale
08/09/2021 08/09/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $700,000 +59.5% $341 / Sq Ft
11/20/2017 11/20/17 Sold $439,000 -2.4% $214 / Sq Ft View Prior Sale
10/26/2017 10/26/17 Pending -- -- --
10/18/2017 10/18/17 Price Changed $449,990 -2.2% $219 / Sq Ft
10/04/2017 10/04/17 Price Changed $459,990 +4.5% $224 / Sq Ft
09/30/2017 09/30/17 Price Changed $439,990 -0.9% $214 / Sq Ft
09/26/2017 09/26/17 Price Changed $443,990 -1.3% $216 / Sq Ft
09/12/2017 09/12/17 For Sale $449,990 -- $219 / Sq Ft
Source: The MLS

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 Type Sale Price Title Company
Gift Deed -- Accommodation/Courtesy Recordi
Quit Claim Deed -- New Title Company Name
Grant Deed $680,000 None Listed On Document
Grant Deed $439,000 Stewart Title
Trustee Deed $381,000 Accommodation
Interfamily Deed Transfer -- Alliance Title Company
Interfamily Deed Transfer -- Alliance Title Company
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- United Title Company
Gift Deed -- --
Grant Deed $106,000 Commonwealth Land Title Co
Grant Deed -- Commonwealth Land Title
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 Loan Amount Loan Type
Previous Owner $462,000 New Conventional
Previous Owner $6,000,000 Commercial
Previous Owner $356,000 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $25,000 Stand Alone Second
Source: Public Records

Source: The MLS

MLS Number: 26875417

The MLS

APN: 5101-013-018

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