438 56Th St Los Angeles, CA 90011

This exceptional 4-unit multifamily property in Los Angeles' South Park neighborhood presents a unique investment opportunity. The property consists of two buildings situated on a 5,093 square foot lot (APN: 5101-004-022), encompassing a total of 2,219 square feet. One building is brand new construction, while the other is a completely renovated ("studs up") duplex. The renovated duplex features two modern 2-bedroom, 1-bathroom units. The new construction building includes one 2-bedroom, 1-bathroom unit and one 1-bedroom, 1-bathroom ADU. All four units boast open floor plans, modern kitchens, air conditioning, and hardwood flooring. Each unit is separately metered for all utilities, including water sub-meters, minimizing operational complexities and maximizing efficiency. Currently 100% vacant, the property is ideally positioned for immediate leasing, benefiting from its proximity to USC (3 miles away) and convenient access to the 110 and 10 freeways. Built in 1904/2024, this property is zoned LAR2 and offers investors a strong potential for rental income in a high-demand location. The asking price is $1,400,000.