1549 W 54th Street Active

Los Angeles,CA 90062

$ 1100000

- Bed

- Bath

3478 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,478 sqft

Price per Sqft $316

MLS Listing ID CRAR24246565

Year Built 1923

Lot Size 7,002 Sqft

Property 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.

Location

State CA

County Los Angeles

Interior

Heating None

Cooling No Air Conditioning

Flooring Carpet

Laundry No Hookups

Building

Lot Description Other

Water Public

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