1723 Sichel Street

Description

Investment Opportunity – 1723 Sichel Street, Los Angeles, CA Introducing 1723 Sichel St, a 5-unit multi-family property situated on a 5,912 sq. ft. lot in the vibrant Los Angeles area. This property features 5 bedrooms and 5 bathrooms, with one bathroom per unit, providing a great opportunity for rental income once renovated. This contractor special requires TLC and is perfect for investors seeking a value-add project. The property is under REAP (Rent Escrow Account Program), making it ideal for those who can bring it up to compliance and increase its rental potential. With its spacious lot and garage space of 504 sq. ft. for three vehicles, this property offers significant potential once improvements are made. Located in a prime LA neighborhood, it provides convenient access to local amenities, schools, and attractions. Take advantage of this opportunity to invest in a multi-unit property with incredible upside in Los Angeles! The 5 Units next door are also for sale.

Listing information courtesy of: David De Anda, Las Casas Realty, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 09/19/2024 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.