1723 Sichel ST Active

Los Angeles,CA 90031

$ 799000

- Bed

- Bath

2200 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $363

MLS Listing ID GD24185078

Year Built 1924

Lot Size 5,915 Sqft

Property 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.

Location

State CA

County Los Angeles

Area 677 - Lincoln Hts

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Laundry None

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Special Listing Condition Standard

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