995 E 55th Street, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE$949,000
995 E 55th Street, Los Angeles, California 90011
0Bed
0Bath
2,909Sqft
7,013Lot
Year Built
1903
Close
-
List price
$949K
Original List price
$999K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
RS25189614
Home ConditionGood
Features
Patio
View-
About this home
Excellent units. BACK UNIT is Approximately 8 years old, it's 3 bedrooms-2 baths. Sqft for the back unit is Approximately1675 sqft. and is occupied by the owners. It has shutters throughout the entire house. It also has an area for an office, tv area or recreational area. It has plenty of parking area since the lot is 7013 sqft. It has a built in BBQ. and a half a bath in the backyard without permits. CENTRAL A/C. FRONT UNIT is a 2 bedroom 1 bath, however there is a small room that it's been used as a bedroom making it a total of 2.5 bedrooms per say. It also has a toilet next to the laundry room that is unpermitted, fully functional. Shows nice, a little clutter but it's clean. Tenants would like to stay if possible they are presently paying 2,300 dollars per month. OWNER'S ARE PAYING UP TO 2 PERCENT FOR BUYERS CONCESSIONS. OWNERS ARE WILLING TO SHOW THEIR UNIT, HOWEVER FRONT UNIT WOULD BE SUBJECT TO INTERIOR INSPECTION.
Nearby schools
2/10
Aurora Elementary School
Public,•K-5•0.2mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.5mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.6mi
5/10
Estrella Elementary School
Public,•K-5•0.9mi
2/10
Main Street Elementary School
Public,•K-5•0.9mi
2/10
Harmony Elementary School
Public,•K-5•1.0mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•1.3mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.5mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•1.7mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.9mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•2.0mi
3/10
Los Angeles Academy Middle
Public,•6-8•0.3mi
3/10
George Washington Carver Middle School
Public,•6-8•0.7mi
2/10
John Muir Middle School
Public,•6-8•2.0mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•2.0mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.2mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.2mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.7mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.8mi
3/10
Manual Arts Senior High School
Public,•9-12•2.2mi
5/10
Santee Education Complex
Public,•9-12•2.5mi
Price History
Date
Event
Price
11/05/25
Price Change
$949,000-5.0%
08/21/25
Listing
$999,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (24 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,909 | 1,988 | 92% |
| Lot Size | 7,013 | 5,364 | 96% |
| Price | $949K | $710K | 88% |
| Price per square foot | $326 | $348 | 32% |
| Built year | 1903 | 1922 | 12% |
| HOA | |||
| Days on market | 76 | 167 | 12% |
Condition Rating
Good
The property is a duplex with a significant disparity in age and condition between its two units. The back unit, described as approximately 8 years old, features a modern kitchen with white shaker cabinets, quartz countertops, stainless steel appliances, and updated bathrooms with contemporary tiling and fixtures. It also boasts central A/C and modern flooring throughout, placing it in excellent condition. However, the front unit is part of the original 1903 structure, and while described as 'nice' and 'clean,' no interior photos are provided, suggesting it is likely older and less updated. The presence of unpermitted structures (a backyard half bath and a toilet in the front unit's laundry room) is a notable drawback. Considering the newer, well-maintained back unit significantly contributes to the property's overall appeal and functionality, the property is rated 'Good' as it is largely move-in ready with no immediate major renovations required for the primary unit, despite the older front unit and unpermitted additions.
Pros & Cons
Pros
Income-Generating Duplex: The property features two distinct units, with the front unit currently tenant-occupied and generating $2,300/month, offering immediate rental income potential.
Modern Back Unit with Central A/C: The rear unit is approximately 8 years old, boasts 3 bedrooms, 2 bathrooms, and includes desirable central air conditioning, enhancing comfort and appeal.
Spacious Lot with Ample Parking: A generous 7013 sqft lot provides significant outdoor space and abundant parking, a valuable asset in an urban environment like Los Angeles.
Significant Buyer Concessions: Owners are offering up to 2% in buyer concessions, providing a direct financial incentive that can reduce closing costs for the purchaser.
Recent Price Adjustment: The property has seen a $50,000 price reduction from its original list price, indicating seller motivation and potential for a more attractive purchase.
Cons
Unpermitted Structures: The presence of unpermitted additions, specifically a backyard half bath and a toilet in the front unit's laundry room, poses potential legal and financial liabilities for the buyer.
Age and Condition Disparity: The front unit, part of a 1903-built structure, likely requires substantial renovation and may present ongoing maintenance challenges compared to the newer back unit.
Limited Access & Tenant Considerations: The front unit is subject to interior inspection only, and existing tenants wishing to remain could complicate buyer occupancy plans or immediate rent adjustments.