1715 Sichel Street , Los Angeles, CA 90031
Los Angeles, CA 90031
Description
Investment Opportunity - 1715 Sichel Street, Los Angeles, CA Presenting 1715 Sichel St, a 5-unit multi-family property in the heart of Los Angeles, perfect for investors looking for a contractor special. This property, located on a 6,141 sq. ft. lot, offers a total of 5 bedrooms and 5 bathrooms, with each unit having its own bathroom. The property is in need of TLC and is a fantastic opportunity for those with a vision for renovation or value-add potential. It is currently under REAP (Rent Escrow Account Program), which adds to its potential as a project for experienced investors ready to bring it up to code and maximize rental income. The three-vehicle garage, totaling 504 sq. ft., provides additional value. Once renovated, this property will have strong potential for rental income in a desirable Los Angeles location with easy access to schools, amenities, and attractions. Don’t miss this chance to take advantage of the real estate market in one of LA’s thriving neighborhoods! The 5 Units next door are also for sale. Get them before they are gone.
Details
| Mls | GD24185090 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Year | 1932 |
| Days On Site | 98 |
| Listing Provided By | Las Casas Realty, Inc. 323-254-2206 | David De Anda |
Features
| Sq Feet | 2,200 |
|---|---|
| Storys | 1 |
| Units | 15 |
| Acreage | 0.14 |
Market Activity 90031
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90031 |
| Area | 677 Lincoln Hts |
| Listing VS Median (in 90031) | |
Price: $799,000 low | high Med: $898,500 SqFt: 2,200 low | high Med: 2,100 $ / SqFt: $363 low | high Med: $475 On Site: 98 low | high Med: 286.500000 | |
