CA > Los Angeles
Los Angeles, CA 90031,1715 Sichel ST
Los Angeles, CA 90031,1715 Sichel ST
Los Angeles, CA 90031,1715 Sichel ST
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Diego Magdaleno

Diego Magdaleno

+1(714) 681-1222
$799,000
Est. payment /mo
6,141 Sqft Lot
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UPDATED:

10/08/2024 10:07 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD24185090

HOA Y/N No

Year Built 1932

Lot Size 6,141 Sqft

Property 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.

Location

State CA

County Los Angeles

Area 677 - Lincoln Hts

Interior

Fireplace No

Laundry None

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Tax ID 5210007034

Acceptable Financing Cash, Cash to Existing Loan, Conventional, Contract, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Conventional, Contract, 1031 Exchange

Special Listing Condition Auction

Read Less Info
California Regional MLS (CRMLS)
Listed by David De Anda • Las Casas Realty, Inc. • 626-592-5341
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