REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Renee Delgado • Altera Real Estate Services
$ 699,900
Est. payment /mo
New
535 W 54th Street Los Angeles, CA 90037
6 Beds
5 Baths
2,128 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,128 sqft
Price per Sqft $328
MLS Listing ID 226004317
Bedrooms 6
Full Baths 3
Half Baths 2
Year Built 1923
Lot Size 5,462 Sqft
Source Conejo Simi Moorpark Association of REALTORS®
Property Description
Three unit income property in South Los Angeles. Two buildings totaling 2,128 sq ft on a 5,462 sq ft LAR2 lot with 3 separate garages. All three units are two bedroom. Units 537 and 535 each have 1.5 baths and unit 535 1/2 has 1 bath. Two of the three have been updated. Current rents are $2,020 at unit 537, $1,352 at unit 535 1/2 and $1,254 at unit 535, a scheduled $4,626 per month and $55,512 annually. On two of the three units, a portion of the scheduled income is paid directly each month under a Housing Assistance Payment contract. Every unit is separately metered for gas, electric and water, so tenants carry all utilities and ownership carries none. Walk Score 96, minutes to the 110, USC, Exposition Park and Downtown. A great investment opportunity with established tenants and steady income already in place from day one.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Interior
Heating Wall Furnace
Cooling Wall Unit(s)
Flooring Ceramic Tile, Wood/Wood Like
Exterior
Garage Spaces 3.0
View Y/N No
Building
Story 1
NEARBY SCHOOLS & PROPERTIES
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors License ID: 01108944