Property

Los Angeles, CA 90011 300 E 55th Street

Sold: Mar 17, 2026
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Presented By: Aaron Jacobson with Lyon Stahl Investment Real Estate, Inc.; 310-729-1559
  • MLS# SB25272472
  • 12/08/2025
  • Request Tour
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  • Baths • 1
  • SQFT • 4,222
  • Garage • 3

Home Details

300 E 55th St, Los Angeles, CA 90011 is a well-kept 7-unit apartment building in a rapidly improving South LA pocket. Priced at $1,250,000, the property delivers a 6.52% current cap rate and 9.41 GRM, with 43% rental upside. At pro forma rents, the building stabilizes at an excellent 10.66% cap rate and 6.57 GRM, offering strong day-one income with meaningful room for growth. Built in 1950, the asset sits on a 5,851 SF lot with 4,222 SF of building area, consisting of oversized one-bedroom units and a two-bedroom unit. Several units are Section 8, providing stable, consistent collections. The property also features a 3-car garage structure that is already a shell, offering a clear opportunity for conversion into an ADU (buyer to verify). This gives investors an additional, straightforward path to increase income and boost long-term returns. With solid in-place performance, strong rental upside, and on-site ADU potential, 300 E 55th St is a rare sub-$2M asset positioned for both immediate cash flow and long-term value creation in one of LA’s most active rental markets.
Presented By: Aaron Jacobson with Lyon Stahl Investment Real Estate, Inc.; 310-729-1559

Interior Features for 300 E 55th Street

Other Interior Features

Common WallsNo Common Walls
Laundry FeaturesInside
Total Stories2

Other Rooms

Entry Level1

General for 300 E 55th Street

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Buyer FinancingCash to New Loan
Cap Rate6.76
CityLos Angeles
Close Price1160000
Community FeaturesLake, Park, Street Lights, Sidewalks, Urban
CountyLos Angeles
DirectionsOff San Pedro and Slauson
Electric Expense
Entry LocationSide
Fuel Expense
Garage Spaces3
Garage Y/NYes
Gross Income132828
Insurance Expense
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, Conventional, Owner May Carry
Lot Size Square Feet5851
Lot Size UnitsSquare Feet
MLS AreaC42 - Downtown L.A.
Net Operating Income84436
New ConstructionNo
Number Of Units Total7
Number of Units Leased7
Open Parking Spaces6
Operating Expense44405
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusClosed
StatusClosed
Tax Lot22
Trash Expense0
Water Sewer Expense0
Year Built1950
Year Built SourceAssessor

Exterior for 300 E 55th Street

Building Area Total4222
Lot Features0-1 Unit/Acre
Lot Size Acres0.1343
Lot Size Area5851
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters1
Private PoolNo
Total Parking9
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Limor Zamir

Realtor®
Price $1,250,000
MLS#SB25272472
List Date 12/08/2025
Property Type Multi-Family
Phone 310.866.3778
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Request Info
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