2670 Sichel Street

    Los Angeles (City), CA 90031
    • $1,495,000
    • STATUS: Active Under Contract
    • ON SITE: 36 days
    • ID#: 18403652
    Under Contract
    UPDATED: 46 min ago
    $1,495,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,192
      SQFT
    • $182
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Ratings & Info

    Description

    Six units in Lincoln Heights. Built in 1970 by the seller. First time ever on the market. HUGE units (8,192 sq. ft.). (2) 3 bed/2 bath and (4) 4 bed/2 bath townhouse units. Below market rents with lots of upside potential. Large lot - 9,931 sq. ft. Individually metered for gas and electric and each unit has its own water heater. There are 12 parking spaces. Close to shops, restaurants and downtown Los Angeles. Easy freeway access. The property is being sold in its present "As Is" condition. PLEASE DO NOT DISTURB THE TENANTS.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-09T21:28:16.243. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.teamforss.com/homes/89125454

    2670 Sichel Street Los Angeles (City), CA 90031

    • Price: $1,495,000
    • Status: Active Under Contract
    • Updated: 46 min ago
    • ID#: 18403652
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    8,192
    SQFT
    $182
    $/SQFT
    1970
    Built
    Neighborhood:
    677 - Lincoln Hts
    County:
    Los Angeles
    Area:
    677 - Lincoln Hts
    Property Description
    Six units in Lincoln Heights. Built in 1970 by the seller. First time ever on the market. HUGE units (8,192 sq. ft.). (2) 3 bed/2 bath and (4) 4 bed/2 bath townhouse units. Below market rents with lots of upside potential. Large lot - 9,931 sq. ft. Individually metered for gas and electric and each unit has its own water heater. There are 12 parking spaces. Close to shops, restaurants and downtown Los Angeles. Easy freeway access. The property is being sold in its present "As Is" condition. PLEASE DO NOT DISTURB THE TENANTS.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Fuel Expense 2200.00 Gross Multiplier 14.94 Gross Operating Income 97114.00 Improvements Amount 173417 Insurance Expense 3500.00 Land Value 31240 Laundry YN Yes Maintenance Expense 5000.00 Net Operating Income 56774.00 Other Expense 2000.00 Special Listing Conditions Standard Total Expenses 40340.00 Trash Expense 2500.00 Water Sewer Expense 6000.00 Zoning Lard2

    Listing provided courtesy of Michael A Salerno of Miller & Desatnik Realty Co..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-09T21:28:16.243. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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