5,915 Sqft Lot
5,915 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD24185078
HOA Y/N No
Year Built 1924
Lot Size 5,915 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 5210007033
Special Listing Condition Standard
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