300 E 55th St Los Angeles, CA 90011
South Park Neighborhood
8
Beds
7
Baths
4,222
Sq Ft
5,851
Sq Ft Lot
Highlights
- Contemporary Architecture
- Corner Lot
- 2-minute walk to South Los Angeles Wetlands Park
About This Home
As of April 2025This exceptional investment opportunity offers an impressive 8.70% cap rate with one unit delivered vacant, making this a turnkey, high-yield asset in one of Los Angeles's most dynamic rental markets. Located at 300 E. 55th St., Los Angeles, this professionally managed and well-maintained property features seven individually metered units for gas and electricity, allowing tenants to cover their utilities. The property has two (2) separate structures located on a corner parcel in 4,222 square feet of livable space on a 5,850 square foot lot. The unit mix consists of six 1 bed +1 bath units and one 2 bed +1 bath unit. Recent upgrades to the property include newer individual water heaters in each unit. Building amenities include secured entry and on-site parking with three (3) single car garages and four (4) uncovered spaces Conveniently positioned near major employment hubs, this property provides tenants with easy access to Los Angeles International Airport (LAX), Downtown LA, the West Side, and the South Bay, making it an attractive option for working professionals. Additionally, it's close to some of LA's top attractions, including SoFi Stadium, USC, BMO Stadium, LA Memorial Coliseum, Exposition Park, the Lucas Museum of Narrative Art, the Natural History Museum, the California Science Center, and the Kia Forum within a short commute. Residents also benefit from excellent transportation options, with quick access to major freeways such as the I-110, I-5, and I-405, as well as public transit options just minutes away, providing seamless connectivity throughout Greater Los Angeles and the South Bay. This property offers strong cash flow, with a 56% upside, and an unbeatable location, making it a prime addition to any savvy investor's portfolio.
Last Agent to Sell the Property
Coldwell Banker Realty License #01170359 Listed on: 04/25/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 5,851 Sq Ft Lot
- Corner Lot
Home Design
- Contemporary Architecture
Interior Spaces
- 4,222 Sq Ft Home
- 2-Story Property
- Security System Leased
Kitchen
- Oven or Range
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Parking
- 7 Parking Spaces
- Assigned Parking
Utilities
- Heating System Mounted To A Wall or Window
- Gas Water Heater
- Sewer in Street
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 5101-010-021
Community Details
Overview
- 2 Buildings
- 7 Units
Building Details
- Rent Control
Similar Homes in Los Angeles, CA
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2025 04/26/25 | Sold | $1,050,000 | 0.0% | $249 / Sq Ft |
| 04/26/2025 04/26/25 | Pending | -- | -- | -- |
| 04/25/2025 04/25/25 | For Sale | $1,050,000 | +14.1% | $249 / Sq Ft |
| 10/07/2018 10/07/18 | Sold | $920,000 | -7.5% | $218 / Sq Ft |
| 08/06/2018 08/06/18 | Pending | -- | -- | -- |
| 06/27/2018 06/27/18 | For Sale | $995,000 | +36.3% | $236 / Sq Ft |
| 07/22/2015 07/22/15 | Sold | $730,000 | +2.1% | $173 / Sq Ft |
| 04/02/2015 04/02/15 | Pending | -- | -- | -- |
| 03/25/2015 03/25/15 | For Sale | $715,000 | +40.2% | $169 / Sq Ft |
| 07/31/2014 07/31/14 | Sold | $510,000 | +2.2% | $121 / Sq Ft |
| 07/10/2014 07/10/14 | Pending | -- | -- | -- |
| 07/09/2014 07/09/14 | For Sale | $499,000 | -- | $118 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Danny Mahelka
Seller's Agent in 2025
Danny Mahelka
Coldwell Banker Realty
(213) 359-4097
1 in this area
58 Total Sales
-
Natasha Reneau Jones
Buyer's Agent in 2025
Natasha Reneau Jones
Coldwell Banker Realty
(562) 668-1042
1 in this area
50 Total Sales
-
Nakia Reneau-Holland
N
Buyer Co-Listing Agent in 2025
Nakia Reneau-Holland
Coldwell Banker Realty
(562) 248-9898
1 in this area
4 Total Sales
-
Ian Hollinger
Seller's Agent in 2018
Ian Hollinger
BRC Advisors- BH
(213) 226-8700
17 Total Sales
-
V
Buyer's Agent in 2015
VINCENT MEDINA
-
ROBERT COLEMAN
R
Seller's Agent in 2014
ROBERT COLEMAN
TITAN REAL ESTATE GROUP
(909) 797-7171
32 Total Sales
Map
Source: The MLS
MLS Number: 25506811
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© 2025 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.
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