Home | Los Angeles County | Los Angeles | 90011 | 300 E 55th St
MLS: CRSB25272472 | Status: | Price: $1,160,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 5,851 | 1950 |
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.
| Field | Value |
|---|---|
| MLS # | CRSB25272472 |
| MLS Source | California Regional MLS |
| Feature | Details |
|---|---|
| Appliances | Other |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 3 Car(s) |
| Listing Agent | Co-Listing Agent |
|---|---|
| Aaron Jacobson | Brandon Maghen |
| Lyon Stahl Investment Real Estate, Inc. | |
| License #: 02100737 | License #: 02250000 |
| Phone: (310) 729-1559 | Phone: – |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 7 | – |
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This listing information is up-to-date as of March 18, 2026. For the most current information, please contact Aaron Jacobson, (310) 729-1559.