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2055 S Corning St
Los Angeles, CA 90034 Mid-City

Price Upon Request

Apartments For Sale  •  7,079 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,079 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1963
  • Zoning RD1.5, Los Angeles
57 Transit Score
79 Walk Score

Highlights

PRIME Location Adjacent to Cheviot Hills and Pico Robertson
EXCELLENT unit mix consisting of One Studio, Four 3BR/2BA & One 4BR/2BA Units
VALUE-ADD Investment Opportunity with 48% Upside in Market Rents
UNITS Separately Metered for Gas & Electric
CLOSE proximity to a plethora of Fine Dining, Shopping, and Entertainment options along
PROPERTY sits on a 6,617 SF Corner Lot

Financial Summary (Actual)

Net Operating Income: $106,018 USD (2024)
Total Expenses: $62,053 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Picnic Area
  • Storage Space
  • Heating
  • Trash Pickup - Curbside
  • Kitchen
  • Refrigerator
  • Range
  • Views
  • Freezer
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
15 min - 9.8 mi
AirportDriveWalkDistance
Los Angeles International 17 min - 8.2 mi
Bob Hope 29 min - 14.6 mi
Long Beach (Daugherty Field) 35 min - 24.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes