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1715 Sichel Street

Los Angeles (City), CA 90031
  • $1,150,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: 24355341
$1,150,000
  • 10
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,400
    SQFT
  • $261
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1932
County:

School Ratings & Info

Listing Agent(s): Maria Sarmiento of Keller Williams Downtown LA (213-797-7000) and Jeffrey Curtis of Keller Williams Downtown LA(213-797-7000)


Description

Discover a unique investment opportunity in the heart of Los Angeles with these two multi-unit properties located at 1715 Sichel St and 1723 Sichel St, with a total of 10 bedrooms and 10 bathrooms, providing one bathroom per unit. The property at 1715 Sichel St offers an expansive 6,141 sq. ft. lot, while its counterpart at 1723 Sichel St features a generous 5,912 sq. ft. lot. Property has 3 vehicle garage summing up to about 504 sq ft. each. These properties are intricately designed to provide comfort and privacy in each unit, making them an ideal investment for those seeking rental income or future appreciation. Notably, there is currently one vacancy, presenting an immediate opportunity for customization or potential rental income. What makes this opportunity particularly appealing is that both properties must be sold together, creating a seamless investment strategy. This package deal not only ensures cohesive management but also maximizes the potential for rental income or other investment endeavors. The combined lots offers ample outdoor space for potential amenities or landscaping to enhance the overall appeal of the properties. Strategically situated in a desirable Los Angeles neighborhood, these properties provide convenient access to nearby attractions, schools, and amenities, adding to their attractiveness for potential tenants. Whether you're a seasoned investor or exploring real estate opportunities, these properties at 1715 Sichel St and 1723 Sichel St present a compelling proposition for those looking to capitalize on the thriving Los Angeles real estate market. Don't miss out on this incredible investment.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-21T00:28:16.61. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
www.reiferhomes.com/homes/147302046
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1715 Sichel Street Los Angeles (City), CA 90031

  • Price: $1,150,000
  • Status: Active
  • On Site: 15 Days
  • ID#: 24355341
10
Beds
0
Baths
0
½ Baths
0.14
Acres
4,400
SQFT
$261
$/SQFT
1932
Built
Neighborhood:
677 - Lincoln Hts
County:
Los Angeles
Area:
677 - Lincoln Hts
Property Description
Discover a unique investment opportunity in the heart of Los Angeles with these two multi-unit properties located at 1715 Sichel St and 1723 Sichel St, with a total of 10 bedrooms and 10 bathrooms, providing one bathroom per unit. The property at 1715 Sichel St offers an expansive 6,141 sq. ft. lot, while its counterpart at 1723 Sichel St features a generous 5,912 sq. ft. lot. Property has 3 vehicle garage summing up to about 504 sq ft. each. These properties are intricately designed to provide comfort and privacy in each unit, making them an ideal investment for those seeking rental income or future appreciation. Notably, there is currently one vacancy, presenting an immediate opportunity for customization or potential rental income. What makes this opportunity particularly appealing is that both properties must be sold together, creating a seamless investment strategy. This package deal not only ensures cohesive management but also maximizes the potential for rental income or other investment endeavors. The combined lots offers ample outdoor space for potential amenities or landscaping to enhance the overall appeal of the properties. Strategically situated in a desirable Los Angeles neighborhood, these properties provide convenient access to nearby attractions, schools, and amenities, adding to their attractiveness for potential tenants. Whether you're a seasoned investor or exploring real estate opportunities, these properties at 1715 Sichel St and 1723 Sichel St present a compelling proposition for those looking to capitalize on the thriving Los Angeles real estate market. Don't miss out on this incredible investment.
Exterior Features

Architectural Style Traditional Parking Features Assigned Parking Total 6

Interior Features

Cooling None Cooling YN No Flooring Laminate Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Buyer Financing Cash Garage YN Yes Gross Income 118080 Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 94124 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 1 Zoning LAM2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-21T00:28:16.61. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
 
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COMPASS
6930 Indiana Ave, Suite 1
Riverside CA, 92506
Listing Agent(s): Maria Sarmiento of Keller Williams Downtown LA (213-797-7000) and Jeffrey Curtis of Keller Williams Downtown LA(213-797-7000)