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Well-Maintained Fourplex in Los Angeles
For Sale
$890,000

147 E 55th, Los Angeles, CA 90011

Fourplex with upside in rents, convenient to Downtown LA.

Property Size3,284 SF
Lot Size4,836.00 Acres
Days on Market142

Property Features for 147 E 55th

General Information

Standard status Active
Size 3,284 SF
Lot size 4,836.00 Acres
Property subtype MULTI_FAMILY

Taxes and HOA fees

Annual Taxes $8,797

Building Details

Building Size 3,284 SF
Year Built 1964
Listing Agency: Re/Max Commercial & Investment
Listed By: Derek Fowler · License #01319692
Source: Milsteinestates
Added: Apr 21 Changed: Sep 8 Last Checked: Jul 20 at 9:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Commercial & Investment

Investment Insights

Based on property information with market context.

This well-maintained fourplex, constructed in 1964, is located at 147 E 55th Street in a high-density Los Angeles submarket. The property features a newer roof and consists of four spacious units, each with 2 bedrooms and 1 bathroom. Situated on a 4,836 square foot lot, the building provides dedicated rear parking for each unit. The location offers convenient commuting options with quick access to major freeways, placing Downtown LA, USC, and SoFi Stadium within minutes. The property has benefited from years of professional management and is primed for stability and long-term rent growth, with a potential upside of approximately 70% in rents upon vacancy turnover. The location is very bikeable with a bike score of 78 and very walkable with a walk score of 74. The transit score is 61, indicating good transit options.

Key Highlights

  • Significant rent upside (+/-70%) upon tenant turnover.
  • Four spacious 2‑bedroom, 1‑bathroom units.
  • Dedicated rear parking for each unit.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,476
Businesses Nearby

Demographics for 90011, CA

102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fourplex with upside in rents, convenient to Downtown LA.
Where is this quadplex located?
The property is located at 147 E 55th Los Angeles, CA.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Significant rent upside (+/-70%) upon tenant turnover.; Four spacious 2‑bedroom, 1‑bathroom units.; Dedicated rear parking for each unit.
More about this property
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