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Image 1 - 1277 East 56th Street, Los Angeles, CA 90011, USA - House for sale

Image 2 - 1277 East 56th Street, Los Angeles, CA 90011, USA - House for sale

Image 3 - 1277 East 56th Street, Los Angeles, CA 90011, USA - House for sale

Image 4 - 1277 East 56th Street, Los Angeles, CA 90011, USA - House for sale

Image 5 - 1277 East 56th Street, Los Angeles, CA 90011, USA - House for sale

Home For Sale In Los Angeles, California

1277 East 56th Street, Los Angeles, CA 90011, USA

Home For Sale In Los Angeles, California

house for sale

4 views

Listed: 03/07/24

1277 East 56th Street, Los Angeles, CA 90011, USA

6 Bed:

5 Bath:

2,094 Sq Ft Living Area:

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Price

$ 1,3M

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About This House

6.99% Cap Rate! 1267 E 56th St is a fantastic investment opportunity for any investor or owner/user in a vibrant area of South Los Angeles. This 4-plex with 2 new ADU units are operating close to a 7% Cap Rate with current tenants in place. Located in Historic South Central, this building boasts an excellent unit mix of (3) 1-Bed/1-Bath, and (1) 3-Bed/2- Bath, ideal for an owner/user. Highlighted by a massive 3-Bed/2-Bath front unit, this asset is ideal for an owner/user to live in a newly remodeled unit and cash flow from the remaining three. The offering presents any investor or owner/user the opportunity to acquire an incredible 4-Plex in one of LAs quickly growing sub-pockets. Notably, two of … Full description

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Central-Alameda Housing & Living

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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