1715 Sichel Street, Los Angeles, CA 90031

  • $850,000
  • $386
1715 Sichel Street, Los Angeles, CA 90031
  • Commercial Sale
  • Property Type
  • 1932
  • Year Built
For Sale
1715 Sichel Street, Los Angeles, CA 90031
  • $850,000
  • $386

Overview

Property ID: SGR-33928288
  • Commercial Sale
  • Property Type
  • 1932
  • Year Built

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.

  • Address 1715 Sichel Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90031
  • Area 677 - Lincoln Hts
  • Country United States

Details

Updated on September 14, 2024 at 8:45 am
  • Property ID: SGR-33928288
  • Price: $850,000
  • Land Area: 6141.00 m²
  • Year Built: 1932
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 2200.00
  • MLS#: GD24185090
  • Office Name: LAS CASAS REALTY, INC.
  • Agent Name: David De Anda
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01912935
  • IDX Contact Info: 626-592-5341

Additional details

  • County: Los Angeles
  • Property SubType: Multi Family
  • Water Source: Public

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