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$1,207,000
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Property Description
Now offered at a reduced price, invest here before the 2028 Games and secure a prime asset in one of LA's fastest-rising neighborhoods. Enjoy direct park views, a tranquil pond with ducks, and even snow-capped mountain vistas, all just minutes from Exposition Park, Downtown LA, and major freeways. This newly constructed, vacant duplex features two townhouse-style 5-bedroom, 3-bathroom units, each approximately 1,800 sq. ft., offering a combined 3,572 sq. ft. of rentable space, significantly larger than most single-family homes in the area. Each unit is designed for modern tenants, with private entrances, minimal shared walls, and in-unit laundry, delivering the privacy and scale renters seek. Ideal for long-term hold, co-living, or multi-generational rental strategies. Available as a full building acquisition or individual TIC co-ownership sales, this property sits on one of South Park's strongest streets, surrounded by growth, new development, and easy access to freeways, parks, and local amenities.
Full Property Details
Full Property Details for 322 E 55th St
General
- Sold For: $1,207,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25511765
- Added to Site: 339 day(s) ago
Interior
- Flooring: Mixed
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 10
Other Rooms
- Laundry: In Closet
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Gated
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Garage Description: Garage - 2 Car, Garage Is Detached
Location
- Area: Downtown L.A.
- County: Los Angeles
- Driving Directions: South of Vernon Ave. North of Slauson Ave.
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Structural Information
- # Buildings: 1
- Architectural Style: Traditional
- Stories/Levels: 2
- Square Feet: 3,572
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 2019
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 2
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 3
- Bedrooms: 5
Unit 2
- Total Bathrooms: 3
- Bedrooms: 5
Additional Structures
- Other Structures: None
Lot Features
- Property View: Pond, Mountains, Park
- Lot Size (Acres): 0.1224
- Lot Size: 5332
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 40 x 133
- Zoning: LAR2
Financial Considerations
- Price Per Sq. Ft.: $348.54
- Assessment Year: 2019
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5101-010-024
Listed by Berkshire Hathaway HomeServices California Propert, Matias Baker Masucci
Sold by Keller Williams Beverly Hills, Husnain Alamdar
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Schools
Schools serving 322 E 55th St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Estrella Elementary School 120 East 57th Street, Los Angeles, CA 90011 | K-5 | 0.2 mi |
Los Angeles Academy Middle 644 56th Street, Los Angeles, CA 90011 | 6-8 | 0.3 mi |
Nava College Preparatory Academy 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 322 E 55th St
Date
Details
Price
Change
Source
7/07/2025
Sold
$1,207,000
-3.05%
MLS
5/28/2025
Price Reduced
$1,245,000
-3.86%
MLS
3/20/2025
Listed
$1,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
322 E 55th St, Los Angeles, CA 90011 (MLS# 25511765) is a Multi-Family property that was sold at $1,207,000 on July 07, 2025. Want to learn more about 322 E 55th St? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

