Located 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 Details
Price:
$2,100,000
MLS #:
25525239
Status:
Active
Baths:
0
Address:
2055 S Corning Street
Type:
Residential Income
Neighborhood:
c09beverlywoodvicinity
City:
Los Angeles
Listed Date:
Apr 14, 2025
State:
CA
ZIP:
90034
Lot Size:
6,617 sqft / 0.15 acres (approx)
Year Built:
1963
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Schools
Interior
Cooling
None
Heating
None
Exterior
Parking Features
Driveway Down Slope From Street
Parking Spots
5.00
Stories Total
2
Financial
Map
Community
- Address2055 S Corning Street Los Angeles CA
- AreaC09 – Beverlywood Vicinity
- CityLos Angeles
- CountyLos Angeles
- Zip Code90034
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2055 S Corning Street
Los Angeles, CA
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