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359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
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$875,000

359 E 56th Street, Los Angeles, CA, 90011

PENDING
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359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
Unsave
Save
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
359 E 56th Street, Los Angeles, CA, 90011
Listing Agent: Jerome McAlpin
Listing Office: McAlpin & Company
Attribution contact: 310-437-4172

Information

Price: $875,000
Days On Market: 68
Year Build: 1923
Square Footage: 2,976 Sq ft
Bedrooms: 6
MLS ID: 26641147
Status: Pending

Details

Address: 359 E 56th Street
County: Los Angeles
City: Los Angeles
Zip: 90011
State: California

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

Listed By

Listing Agent

Jerome McAlpin

jerome@mcalpinco.com
310-437-4172
McAlpin & Company

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The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 24th April, 2026 1:52 PM (UTC)

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The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 24th April, 2026 1:52 PM (UTC)