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Listed by David De Anda • Las Casas Realty, Inc.
$ 799,000
Est. payment /mo
Active
1723 Sichel Street Los Angeles, CA 90031
2,200 SqFt
UPDATED:
10/09/2024 06:12 PM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $363
MLS Listing ID CRGD24185078
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1924
Lot Size 5,914 Sqft
Property Description
Investment Opportunity – 1723 Sichel Street, Los Angeles, CA Introducing 1723 Sichel St, a 5-unit multi-family property situated on a 5,912 sq. ft. lot in the vibrant Los Angeles area. This property features 5 bedrooms and 5 bathrooms, with one bathroom per unit, providing a great opportunity for rental income once renovated. This contractor special requires TLC and is perfect for investors seeking a value-add project. The property is under REAP (Rent Escrow Account Program), making it ideal for those who can bring it up to compliance and increase its rental potential. With its spacious lot and garage space of 504 sq. ft. for three vehicles, this property offers significant potential once improvements are made. Located in a prime LA neighborhood, it provides convenient access to local amenities, schools, and attractions. Take advantage of this opportunity to invest in a multi-unit property with incredible upside in Los Angeles! The 5 Units next door are also for sale.
Location
State CA
County Los Angeles
Interior
Fireplace No
Building
Water Public
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