1723 Sichel Street, Los Angeles, CA 90031

  • $850,000
  • $386
1723 Sichel Street, Los Angeles, CA 90031
  • Commercial Sale
  • Property Type
  • 1924
  • Year Built
For Sale
1723 Sichel Street, Los Angeles, CA 90031
  • $850,000
  • $386

Overview

Property ID: SGR-33928065
  • Commercial Sale
  • Property Type
  • 1924
  • Year Built

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 1723 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 8:42 am
  • Property ID: SGR-33928065
  • Price: $850,000
  • Land Area: 5914.00 m²
  • Year Built: 1924
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 2200.00
  • MLS#: GD24185078
  • 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

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$

What's Nearby?

Please supply your API key Click Here

Contact Information

View Listings
Sankofa Global Realty
  • Sankofa Global Realty

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
Sankofa Global Realty
  • Sankofa Global Realty