2024-Built
For Sale
$1,495,000
438 E 56th St, Los Angeles, CA 90011
Fully occupied multifamily property with four residential units and Section 8 tenancy.
Property Size2,200 SF
Days on Market9
Property Features for 438 E 56th St
General Information
Standard status
Active
Size
2,200 SF
Property subtype
MULTI_FAMILY
Occupancy
100%
Additional Details
Multifamily Units
4
Building Details
Building Size
2,200 SF
Year Built
2024
Listing Agency:
Real Estate Source, Inc.
Listed By:
Toyin Olaoye · License #01446381
Source:
Milsteinestates
Added: Aug 21
Changed: Aug 28
Last Checked: Aug 28 at 8:52PM
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 Real Estate Source, Inc.
Investment Insights
Based on property information with market context.
This four-unit multifamily property was rebuilt from the ground up in 2024, providing a recently completed residential income asset in Los Angeles. The property is fully occupied, with all units leased through the Section 8 program.
Located at 438 E 56th St, the quadplex offers an established configuration for multifamily ownership with current occupancy in place. The 2024 construction date and documented rental status provide the primary operating details available for review.
Located at 438 E 56th St, the quadplex offers an established configuration for multifamily ownership with current occupancy in place. The 2024 construction date and documented rental status provide the primary operating details available for review.
Key Highlights
- Four‑unit multifamily property
- Rebuilt from the ground up in 2024
- Fully rented
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,779
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied multifamily property with four residential units and Section 8 tenancy.
Where is this quadplex located?
The property is located at 438 E 56th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Four‑unit multifamily property; Rebuilt from the ground up in 2024; Fully rented
