359 E 56th St, Los Angeles, CA 90011
359 E 56th St, Los Angeles, CA 90011
359 E 56th St, Los Angeles, CA 90011
14
See all 14 photos
$860,000
$875,000 1.7%
Est. payment /mo
6 Beds
6 Baths
2,976 SqFt
Sold on 05/18/2026

359 E 56th St Los Angeles, CA 90011

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Roddy de la Garza
Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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Key Details

Sold Price $860,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,976 sqft

Price per Sqft $288

MLS Listing ID 26641147

Sold Date 05/18/26

Bedrooms 6

Year Built 1923

Lot Size 10,591 Sqft

Acres 0.2431

Property Sub-Type Multi-Family

Property Description

The subject property is a six-unit apartment complex located in South Los Angeles. The units were constructed in 1923 and contain 2,978 square feet. The apartments are situated on a large, 10,588 square foot lot which is zoned LAR2. The buildings consist of all one-bedroom units averaging just under 500 square feet each. The complex gives the feel of individual houses which make it very attractive to prospective tenants. Currently, the apartments are generating $8,112 per month and over $97,000 annually. Also, there is plenty of upside in the rents. At a GRM of 8.98 and $145,000 per unit. This is a great investment opportunity. In 2025, a Capital Improvement of $32,820 was invested in the roof. (That was not included in the regular expenses.)

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Gated

Garage Spaces 6.0

Building

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by McAlpin & Company
Bought with McAlpin & Company

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

Name
Phone*
Message

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359 E 56th St