1723 Sichel Street
Los Angeles, CA 90031
0.14 acres | #GD24185078
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.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Stories1
Measurements
- Acres0.1358
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1924
Utilities / Energy Details
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$850,000
Other
- MLS #GD24185078
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: David De Anda (#G165111825)
Listing Office: Las Casas Realty, Inc. (#G6188)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
