1572 Ricardo Street

Los Angeles, CA 90033 Active for $959,000
 


Beds: 7  Baths: 6  Structure Size: 2,218 sqft  Lot Size: 7,497 sqft


Property Facts
MLS 24427985
Year Built 1922
Property Type
County Los Angeles
Status Active
Active $959,000
Structure Size 2,218 sqft
Lot Size 7,497 sqft
Beds 7
Baths 6

Description

Unlock the potential of this well-situated triplex in East Los Angeles, set on a generous 7,456 sq ft lot zoned RD1.5. This income-generating property features three separate, tenant-occupied units, each with its own utility meters for gas, water, and power, paid by tenants. The front unit offers 3 bedrooms, 2 baths, and central AC. The middle unit is a comfortable 2 bedroom, 2 bath setup, and versatile third room that can be used as an additional bedroom or office space. While the rear unit includes 2 bedroom and 2 bath. Located conveniently close to Cal State Los Angeles and USC Hospital. This property also holds potential for further development. Buyers are encouraged to verify zoning details and explore opportunities for building additional units. Don't miss out on this excellent investment opportunity in a thriving area with strong rental demand!

Listing information courtesy of: Aleen Der Artinian, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 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.


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