Los Angeles, CA 90011,1267 E 56th Street
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Los Angeles, CA 90011,1267 E 56th Street
Los Angeles, CA 90011,1267 E 56th Street
Los Angeles, CA 90011,1267 E 56th Street
Los Angeles, CA 90011,1267 E 56th Street
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$ 1,195,000
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1267 E 56th Street Los Angeles, CA 90011

6 Beds

2,066 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,066 sqft

Price per Sqft $578

MLS Listing ID CRSB25269968

Bedrooms 6

HOA Y/N No

Year Built 1940

Lot Size 5,392 Sqft

Acres 0.12

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.

Location

State CA

County Los Angeles

Zoning LA R

Interior

Fireplace No

Laundry Inside

Exterior

Exterior Feature Other

Total Parking Spaces 2

Building

New Construction No

Others

Tax ID 5104018030


Bridge MLS
Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.
Sandra Lucas

Sandra Lucas

Broker Associate | License ID: 01496944

+1(925) 464-8400

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1267 E 56th Street