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

1715 Sichel Street Los Angeles, CA 90031

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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 TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site27 Days
  • MLS StatusActive
  • MLS ID NumberGD24185090
  • Home Size Source Assessor
  • Year Built1932
  • Lot Size0.141 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Number of Stories 1
  • Acreage 0.141
  • Water Public
  • Property Sub Type Multi Family
  • Listing Conditions Auction

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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