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$ 1,195,000
Est. payment | /mo
$ 1,195,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25269968
HOA Y/N No
Year Built 1940
Property Sub-Type Quadruplex
Property Description
1267 E 56th Street presents an opportunity to acquire a
stable, income-producing four-unit property in the heart
of Los Angeles. Spread across 2,066 square feet on a 5,392
square foot lot, the property features a well-balanced unit
mix of (3) 1 Bedroom/1 Bath units and (1) 3 Bedroom/2
Bath unit.
The asset generates a strong $10,164 in monthly rental
income, supported entirely by Section 8 tenancy,
providing investors with secure, government-backed rent
payments and exceptional income reliability. With an
impressive 7.87% cap rate and 9.80 GRM, this property
stands out as a high-yield investment with dependable
performance and minimal collection risk.
Residents benefit from the property's central South LA
location, offering convenient access to major employment
centers, public transit lines, and key corridors connecting
to Downtown Los Angeles and the surrounding metro
area. The combination of strong in-place income, stable
tenancy, and an efficient unit mix makes 1267 E 56th Street
an ideal acquisition for investors seeking immediate cash
flow and long-term portfolio strength.
stable, income-producing four-unit property in the heart
of Los Angeles. Spread across 2,066 square feet on a 5,392
square foot lot, the property features a well-balanced unit
mix of (3) 1 Bedroom/1 Bath units and (1) 3 Bedroom/2
Bath unit.
The asset generates a strong $10,164 in monthly rental
income, supported entirely by Section 8 tenancy,
providing investors with secure, government-backed rent
payments and exceptional income reliability. With an
impressive 7.87% cap rate and 9.80 GRM, this property
stands out as a high-yield investment with dependable
performance and minimal collection risk.
Residents benefit from the property's central South LA
location, offering convenient access to major employment
centers, public transit lines, and key corridors connecting
to Downtown Los Angeles and the surrounding metro
area. The combination of strong in-place income, stable
tenancy, and an efficient unit mix makes 1267 E 56th Street
an ideal acquisition for investors seeking immediate cash
flow and long-term portfolio strength.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LA R2
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Biking, Dog Park, Street Lights, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5104018030
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Fannie Mae
Listing Terms Cash, Cash to New Loan, Conventional, FHA, Fannie Mae
Special Listing Condition Standard
Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc. 310-729-1559
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Laurie Greenfield
REALTOR® | Lic# 1709912