1549 W 54th Street
Los Angeles, CA 90062
0.16 acres | #AR24246565
Description
This property has multiple opportunities because the units are very large. They are one bedrooms with a separate dining room which can be kept as a dining room, used as a family room or made into a second bedroom. One of the units is currently vacant so any buyer could occupy the unit and collect income from the remaining three units or renovate the unit and bring it up to market income. The tenants are well under market rent so there is a huge upside potential. There is a communal yard area that could be used for the development or upgraded to create a beautiful shared space for the tenants to enjoy. Units also have a large balcony/yard area that adds to the value of the rentals. With the ADU ordinances, the property may be allowed to add up to two additional units but buyer to verify the possibility of adding any ADUs to the property.
Property Details
- Utility FeaturesElectricityConnected, SewerConnected, WaterConnected
- Lot DescriptionZeroToOneUnitAcre, RectangularLot, Yard
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,100,000
- MLS #AR24246565
- Property SubtypeQuadruplex
- MLS #AR24246565
- Cost1100000
- Acres0.1607
- Utility SourcePublic
- Year Built1923
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Tim Chen (#AR42134)
Listing Office: Tim Chen, Broker (#31134)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
