1723 Sichel Street, Los Angeles, CA 90031
- $850,000
- $386
- $850,000
- $386
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.
Address
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Address: 1723 Sichel Street
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90031
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Area: 677 - Lincoln Hts
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Country: United States
Details
Updated on September 14, 2024 at 8:42 am-
Property ID SGR-33928065
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Price $850,000
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Land Area 5914.00 m²
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Year Built 1924
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Property Type Commercial Sale
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Property Status For Sale
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Living Area 2200.00
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MLS# GD24185078
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Office Name LAS CASAS REALTY, INC.
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Agent Name David De Anda
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MLS Status Active
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Living Area Prefix Sqft
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Agent State License 01912935
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IDX Contact Info 626-592-5341
Additional details
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County Los Angeles
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Property SubType Multi Family
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Water Source Public
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