535 W 54TH St, Los Angeles, CA 90037
List Price: $850K
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1923
Lot Size: 5,462 sq ft
Garage Spaces: 3
Private Pool: Yes
MLS Number: DW26182346
About This Property
Excellent investment opportunity in los Angeles! This triplex consists of three 2-bedroom , 1-bathroom units and offers a great opportunity for an investor looking to add a multi-unit property to their porfolio. Two of the three units have been renovated, while the third unit offers additional potential for future improvements and value enhancement. The property features three separate garages and separate water meters for each unit. Tenants currently pay their own utilities. Current monthly rents are approximately $2,100 for 537 W 54th St, $1,352 for 535 1/2 W 54th St, and $1,254 for 535 W 54th St, for a combined current monthly rental income of approximately $4,706. The property offers approximately 2,128 square feet of total living area on an approximately 5,462 square foot lot, according to the Title property profile. Convenient Los Angeles location with access to major transportation corridors, employment centers, shopping and surrounding amenities. Great opportunity for an investor seeking three income-producing units with additional upside potential. Buyer and buyer’s agent are advised to independently verify all information, including square footage, lot size, unit configuration, rents, expenses, permits, zoning and all other property information.
Listing provided by: Danny De La Torre DRE #01514734 310-981-7003 ceoernestcooper@gmail.com, Ernest & Cooper Realty
Source: CRMLS, MLS #: DW26182346