1549 W 54Th Street

Los Angeles, CA 90062

$1,100,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1923

calendar_month Built

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.

Listing Information

List Price $1,100,000
Status Active
MLS AR24246565
HOA $0
Type Residential Income
Subtype Quadruplex
Year Built 1923
Lot Size 7,002
Structure Size N/A
DOM 1
Courtesy Of Tim Chen, Broker
Listing Agent Tim Chen DRE#01917982

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Carpet
Fireplace Information
Features Living Room
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Tim Chen, Tim Chen, Broker . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 10th, 2024 at 5:13 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.