223 E 55th Street
Los Angeles, CA, 90011
$790,000
MLS: 26875417
Beds
5
Baths
3
Sq Ft
2,052
Lot
0.11 ac
Year Built
1921
MLS #
26875417
Days on Market
50
Listed
Aug 24, 2026
Description
Excellent opportunity to own a versatile and recently fully remodeled duplex in the heart of Los Angeles! Located at 223 E 55th St, this residential income property offers approximately 2,052 square feet of living space with a total of 5 bedrooms and 3 bathrooms. Whether you're an investor looking to expand your portfolio or an owner-user seeking the flexibility to live in one unit while generating rental income from the other, this property offers plenty of possibilities.Conveniently located with easy access to the 110 Freeway, Downtown Los Angeles, USC, shopping, dining, public transportation and major employment centers. The property also features separate gas and electric meters, providing added convenience for a multi-unit property.A great opportunity for buyers looking for income potential in a central Los Angeles location. Bring your vision and take advantage of everything this duplex has to offer. Buyer and buyer's agent to independently verify all information, including square footage, unit configuration, permits, zoning, rental information and potential uses.
Location
Los Angeles, Los Angeles County, CA 90011
Open on Google Maps ↗Listed by: Leonard Lee · Property Advisors Group, Inc
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,342
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $79,000 · Loan: $711,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,923
- Property tax (1.25%)
- $823
- Homeowners insurance
- $300
- Mortgage insurance
- $296
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $27,650 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90011 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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