UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26182346
HOA Y/N No
Year Built 1923
Lot Size 5,462 Sqft
Property Sub-Type Triplex
Property Description
Two of the three units have been renovated, while the third unit offers additional potential for future improvements and value enhancement. The property features three separate garages and separate water meters for each unit. Tenants currently pay their own utilities.
Current monthly rents are approximately $2,100 for 537 W 54th St, $1,352 for 535 1/2 W 54th St, and $1,254 for 535 W 54th St, for a combined current monthly rental income of approximately $4,706.
The property offers approximately 2,128 square feet of total living area on an approximately 5,462 square foot lot, according to the Title property profile.
Convenient Los Angeles location with access to major transportation corridors, employment centers, shopping and surrounding amenities. Great opportunity for an investor seeking three income-producing units with additional upside potential.
Buyer and buyer's agent are advised to independently verify all information, including square footage, lot size, unit configuration, rents, expenses, permits, zoning and all other property information.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR2
Interior
Interior Features All Bedrooms Down
Fireplace No
Laundry See Remarks
Exterior
Parking Features Driveway, Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Street Lights
Roof Type Shingle
Total Parking Spaces 3
Private Pool No
Building
Lot Description Back Yard, Front Yard, Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Nearby School & Business
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