626 E 54th ST Active

Los Angeles,CA 90011

$ 850000

- Bed

- Bath

2589 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,589 sqft

Price per Sqft $328

MLS Listing ID PW24052353

HOA Y/N No

Year Built 1924

Lot Size 4,774 Sqft

Property Description

EXECUTIVE SUMMARY
This Apartment an 2-unit apartment building. Built in 1924 and nestled in the Los Angeles, , this property stands as one of the most attractive multifamily investments in the entire county, boasting a compelling Capitalization Rate (CAP rate) on current rental income. A rare opportunity to take advantage of positive leverage,
This apartment, each generously proportioned to function as complete Four-bedroom ½ bath units and Five bedroom one and ½ bath.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR2

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage Concrete

Pool None

Community Features Park

Parking Type Concrete

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5103009011

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Lease Land No

View More
Favorite Go Tour