1715 Sichel Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90031
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $363
MLS Listing ID CRGD24185090
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1932
Lot Size 6,141 Sqft
Property Description
Investment Opportunity – 1715 Sichel Street, Los Angeles, CA Presenting 1715 Sichel St, a 5-unit multi-family property in the heart of Los Angeles, perfect for investors looking for a contractor special. This property, located on a 6,141 sq. ft. lot, offers a total of 5 bedrooms and 5 bathrooms, with each unit having its own bathroom. The property is in need of TLC and is a fantastic opportunity for those with a vision for renovation or value-add potential. It is currently under REAP (Rent Escrow Account Program), which adds to its potential as a project for experienced investors ready to bring it up to code and maximize rental income. The three-vehicle garage, totaling 504 sq. ft., provides additional value. Once renovated, this property will have strong potential for rental income in a desirable Los Angeles location with easy access to schools, amenities, and attractions. Don’t miss this chance to take advantage of the real estate market in one of LA’s thriving neighborhoods! The 5 Units next door are also for sale. Get them before they are gone.
Location
State CA
County Los Angeles
Interior
Fireplace No
Building
Water Public