Investment Opportunity 1715 Sichel Street, Los Angeles, CAPresenting 1715 Sichel St, a 5-unit multi-family property in the heart of Los Angeles, perfect for investors looking for a contractor special. This property, located on a 6,141 sq. ft. lot, offers a total of 5 bedrooms and 5 bathrooms, with each unit having its own bathroom.The property is in need of TLC and is a fantastic opportunity for those with a vision for renovation or value-add potential. It is currently under REAP (Rent Escrow Account Program), which adds to its potential as a project for experienced investors ready to bring it up to code and maximize rental income.The three-vehicle garage, totaling 504 sq. ft., provides additional value. Once renovated, this property will have strong potential for rental income in a desirable Los Angeles location with easy access to schools, amenities, and attractions.Dont miss this chance to take advantage of the real estate market in one of LAs thriving neighborhoods! The 5 Units next door are also for sale. Get them before they are gone.
GD24185090
Commercial - Multi-Family, Business Opportunities, 1 Story
1932
Los Angeles
0.141
Acres
Public
1
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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