1549 W 54th ST, Los Angeles, CA 90062

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Juan Oropeza

Citiwide Realty Group

juan@juanorealtor.com +1(818) 941-0721

$ 1,100,000

Est. payment | -/mo

7,000 Sqft Lot

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$ 1,100,000

Est. payment | -/mo

Save

7,000 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR24246565

HOA Y/N No

Year Built 1923

Lot Size 7,000 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

Area 699 - Not Defined

Zoning LAC1

Interior

Heating None

Cooling None

Flooring Carpet

Fireplaces Type Living Room

Fireplace Yes

Appliance Gas Range

Laundry None

Exterior

Parking Features On Site, Tandem, Uncovered

Pool None

Community Features Storm Drain(s), Sidewalks

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Total Parking Spaces 7

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Rectangular Lot, Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5003015015

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Tim Chen • Tim Chen, Broker • 626-617-8096