$850,000
Active
28 Days Online
0 Beds0 Baths2,200 SQFT
Active

1723 Sichel Street Los Angeles, CA 90031

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site27 Days
  • MLS StatusActive
  • MLS ID NumberGD24185078
  • Home Size Source Assessor
  • Year Built1924
  • Lot Size0.1358 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Number of Stories 1
  • Acreage 0.1358
  • Water Public
  • Property Sub Type Multi Family
  • Listing Conditions Standard

Interior Features

  • Laundry Features None

Exterior Features

  • Lot 0-1 Unit/ Acre

Community Features

  • MLS Area 677 - Lincoln Hts

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Monthly Payment (Est.)

$4,130
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