2716 W 54Th Street

Description

Unlock the potential of this prime property, which comes with paid plans and permits, including the letter of RTI for a complete renovation. The property is designed to be transformed into two spacious residences, each featuring 4 bedrooms and over 1,500 square feet of living space. This investment offers a remarkable cap rate of 11%, with the potential for annual revenue of $103,000 while maintaining minimal expenses. Whether you're an experienced investor or looking to enter the real estate market, this opportunity is not to be missed. Don’t miss your chance to make this property your next successful venture!

Listing information courtesy of: Behrouz Lavi, Keller Williams Realty-Studio City . *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.