Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSB25272472
MLS Source
California Regional MLS
Days on Site
0
Interior Features
Appliances
Other
Parking, School, and Other Information
Garage/Parking
Garage: 3 Car(s)
Contact Information
Listing Agent
Aaron Jacobson
Lyon Stahl Investment Real Estate, Inc.
License #: 02100737
Phone: –
Co-Listing Agent
Brandon Maghen
License #: 02250000
Phone: (310) 409-3908
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 7 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
300 E 55th St is a Residential Income in Los Angeles, CA 90011. This – square foot property sits on a 5,851 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,250,000 and was built in 1950. This address can also be written as 300 E 55th St, Los Angeles, CA 90011.
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This listing information is up-to-date as of December 08, 2025. For the most current information, please contact Aaron Jacobson
