1715 Sichel Street
Los Angeles, CA 90031
0.14 acres | #GD24185090
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.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Property TypeMulti-Family
- CountyLos Angeles
- Property SubtypeMultiFamily
- MLS #GD24185090
- MLS #GD24185090
- Original List Price$850,000
- Utility SourcePublic
- Cost799000
- Acres0.141
- Year Built1932
- Stories1
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: David De Anda (#G165111825)
Listing Office: Las Casas Realty, Inc. (#G6188)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
