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438 E 56th St, Los Angeles, CA, 90011
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438 E 56th St Los Angeles, CA, 90011

$1,525,000 Home for sale 3 beds 2,219 sqft

Introducing this amazing 4 unit multifamily property in turnkey condition in the South Park neighborhood of Los Angeles. Currently 100% Vacant! Two buildings sit on the lot which are comprised of two duplexes: 'structure one' is completely brand-new construction and 'structure two' is a meticulously "studs up" renovation. The front structure underwent a complete overhaul and now consists of two modern 2 bd + 1 ba units. The rear structure is brand new construction with a mix of one 2 bd + 1 ba and one 1 bd + 1 ba ADUs. All units are separately metered for all utilities (water sub-metering) and include open floor plans, modern kitchens, air conditioning and hard wood flooring. Its central location provides investors an extensive tenant pool. USC is a short 3 mile drive, Downtown LA is minutes to the North and access to the 110 Freeway is less than a mile away.
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Property details

2,219 sqft interior area
Property type
Home
Interior area
2,219 sqft
Land area
5,227 sqft (0.12 acres)
Price per sqft
$687/sqft
Days on Verhouse
25
Address
438 E 56th St, Los Angeles, CA, 90011
City of California
Los Angeles
County
Los Angeles
Year Built
2024
District
Listing

Open Houses

No upcoming open houses

Interior Features

Beds
3
Garage & Parking
Other
Heathing & Cooling
Wall Furnace

Listed by

Enrique Viramontes, Remax Commercial and Investment Realty
Name
Enrique Viramontes
License number
01372010
Brokerage company
Remax Commercial and Investment Realty
MLS #
CL24377657

Payment calculator

Calculate your monthly payments
Mortgage
$4,683
Taxes
$0
HOA dues
$0
$4,683 per month
Mortgage
$305,000 / 20%
2.28%
30 years
Your amount $4,683 / month

Lot details

TMK #5101004022
Parcel nr.
5101004022

90011 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in 90011

52%
Families with children
National average: 39%
24%
Non family households
699,315
Population
$51,868
Average Income

Age & gender

Median age 30 years
More info

Commute types

78% commute by car
More info

Education level

42% have not graduated education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

32% have 1 vehicle
More info

Vehicles by gender

32% have 1 vehicle
More info

Housing market insights for

$752.58k
Neighborhood average
sales price*
$660k
Neighborhood median
sales price*
490
Number
of sales*

Housing type

49% are single detacheds
More info

Rooms

48% of the houses have 4 or 5 rooms
More info

Bedrooms

62% have 2 or 3 bedrooms
More info

Owners vs Renters

67% are renters
More info
16.33 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

New Listing Apr 8, 2024
Date Event Price $/sqft Source
Apr 8, 2024 New Listing $1,525,000 +211.22% 687.25 MLS #CL24377657
Jul 12, 2023 Sold $490,000 445.45 Public Record
Jul 12, 2023 Price Decrease $490,000 -14.78% 445.45 MLS #CRIN22245930
Jun 4, 2023 Under contract $575,000 522.73 MLS #CRIN22245930
Dec 3, 2022 New Listing $575,000 522.73 MLS #CRIN22245930

Taxes of 438 E 56th St, Los Angeles, CA, 90011

LAR2 zoning / MLS #CL24377657
Zoning
LAR2

Agent viewpoints of 438 E 56th St, Los Angeles, CA, 90011

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Frequently Asked Questions about 438 E 56th St

What is 438 E 56th St?

438 E 56th St, Los Angeles, CA, 90011 is a single family home located in the city of Los Angeles, California with zipcode 90011. This single family home has 3 bedrooms with an interior area of 2,219 sqft.

Which year was this home built?

This home was build in 2024.

What is the full address of this Home?

438 E 56th St, Los Angeles, CA, 90011.

Are grocery stores nearby?

The closest grocery stores are Northgate Supermarket, 0.49 miles away and Numero Uno Market, 2.18 miles away.

What is the neighborhood like?

The 90011 zip area has a population of 699,315, and 52% of the families have children. The median age is 30.75 years and 78% commute by car. The most popular housing type is "single detached" and 67% is renter.

Based on information from the bridgeMLS as of 05-02-2024. 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.

Listing last updated on: Apr 16, 2024
Verhouse Last checked 2 minutes ago

438 E 56th St, Los Angeles, CA, 90011 is a single family home located in the city of Los Angeles, California with zipcode 90011. This single family home has 3 bedrooms with an interior area of 2,219 sqft on a 5,093 sqft sqft lot. This house was build in 2024.
The closest grocery stores are Northgate Supermarket, 0.49 miles away and Numero Uno Market, 2.18 miles away.
The 90011 zip area has a population of 699,315, and 52% of the families have children. The median age is 30.75 years and 78% commute by car. The most popular housing type is "single detached" and 67% is renter.

*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

Home For sale $1.53m 438 E 56th St, Los Angeles, CA, 90011 3 beds / 2,219 sqft Save House Remove from Saved