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$849,900
Est. payment /mo
6 Beds
3 Baths
5,462 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26182346
Bedrooms 6
Lot Size 5,462 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Excellent investment opportunity in los Angeles! This triplex consists of three 2-bedroom , 1-bathroom units and offers a great opportunity for an investor looking to add a multi-unit property to their porfolio. 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 buyers 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
Zoning Assessor
Direction Figueroa St and 54th St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Danny De La Torre, DRE#01514734 Ernest & Cooper Realty
Nearby School & Business
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