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Closed
- Listed price
- $739,000
- Listed Jun 11, 2020
- Sold price
- $720,000
- Sold Jul 31, 2020
5,120 sqft lot|2009 Built|12 MLS days on market
844 W 55th St, Los Angeles, CA 90037
Property Description
Extremely desirable income producing duplex at a current cap rate of 5%. Built brand new in 2009, this property is exempt from the city and statewide rent control laws. Each unit consists of 4-bedrooms and 2-bathrooms each with in-unit laundry hook-ups for each renter. Fully occupied with long-term tenants in place, this is a plug and play purchase that will cash flow on day one. Proforma cap rate with increased rents to market rate could achieve close to 5.7%. If that was not enough, there are sketches from an AIA architect that show not one, but two 2-bedroom ADUs that could be built in back of the property, per city code. Buy now for amazing cash flow and build later to further increase your returns (buyer to conduct their own due diligence to verify). This is an exceptional value at the current price.
Listing agent: Richard HaynesDRE #01779425richard@manhattanpacific.com, Listing office: Manhattan Pacific Realty, Inc.
MLS data updated 11/4/2026, 5:36:02 PM PT
Source: CRMLSMLS #: SB20110383
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$720,000
Jul 31, 2020
Available records22020
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90037 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90037 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
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MLS records may be incomplete. Earlier asking prices are not sale prices.