2055 Corning Street, Los Angeles, CA 90034
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- MLS#: 25525239 ( )
- Street Address: 2055 Corning Street
- Viewed: 2
- Price: $2,100,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1963
- Bldg sqft: 0
- Days On Market: 13
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90034
- Provided by: Lyon Stahl Investment Real Estate, Inc.
- Contact: Michael Michael
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DescriptionLocated in the heart of Crestview, 2055 Corning Street is a well maintained 6 unit multifamily property offering both stability and upside potential in a premier rental market. Built in 1963, the property consists of one four bedroom/two bath unit, four three bedroom/two bath units, and one studio unit appealing to a diverse tenant base. Situated on a desirable corner lot, the building spans 7,079 square feet on a 6,617 square foot parcel. Amenities include on site laundry facilities, private patios, and in unit washer and dryer in select units enhancing tenant comfort and convenience. This asset presents a compelling opportunity for long term investors, combining immediate cash flow with future value add potential. Strategically located just minutes from Cheviot Hills, Culver City, and major employment hubs, the property benefits from strong rental demand and consistent rent growth. The surrounding neighborhood is known for its charming residential character, excellent walkability, and proximity to top tier dining and entertainment options. With strong in place income, rent growth potential, and a highly desirable location, 2055 Corning Street is a rare opportunity to acquire a prime multifamily asset in one of Los Angeles' most sought after submarkets.
Property Location and Similar Properties
Features
Building Area Total
- 7079.00
Cooling
- None
Country
- US
Heating
- None
Levels
- Two
Netoperatingincome
- 105947.00
Parcel Number
- 4302027014
Parking Features
- Driveway Down Slope From Street
Postalcodeplus4
- 1457
Sourcesystemkey
- 25525239:CLAW
Totalexpenses
- 62053.00
Year Built
- 1963
Zoning
- LARD1.5