1709 Sichel Street, Los Angeles, California 90031, Los Angeles, 90031 - bed, bath
ACTIVE$1,030,000
1709 Sichel Street, Los Angeles, California 90031
0Bed
0Bath
2,664Sqft
9,247Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Investment Opportunity: The property is a fourplex, presenting an immediate rental income opportunity and potential for building an investment portfolio.
Top Cons:
Year Built: Built in 1938, the property may require updates or renovations to meet modern standards and tenant expectations.
Compared to the nearby listings
Price:$1.03M vs avg $1.03M (+$0)50%
Size:2,664 sqft vs avg 2,476 sqft69%
Price/sqft:$387 vs avg $39946%
More Insights
Built in 1938 (87 years old).
Condition: The property was built in 1938 and appears to be maintained but outdated. The kitchens and bathrooms show their age with older appliances and fixtures. While functional, they would benefit from updates. The overall condition suggests it's been maintained but not recently renovated, fitting the 'fair' category.
Year Built
1938
Close
-
List price
$1.03M
Original List price
$1.05M
Price/Sqft
$387
HOA
-
Days on market
-
Sold On
-
MLS number
RS24066128
Home ConditionFair
Features
View-
About this home
Come and see this great investment opportunity in the great area of Los Angeles. These Fourplex, two-buildings consist of one bedroom and one bath each unit with a lot size of 9,247.The lot size offers plenty of space for parking space, landscaping and playground. This property is a perfect investment to start creating your own investment portfolio. Creating immediate rental opportunity to start fresh with new tenants. This property is minutes away from downtown LA, close to USC hospital, shopping centers, schools, restaurants and close to 5, 101, 101, 110 FWYS. This is a great opportunity!!!
Nearby schools
4/10
Griffin Avenue Elementary School
Public,•K-5•0.4mi
3/10
Albion Street Elementary School
Public,•K-6•0.7mi
4/10
Bridge Street Elementary School
Public,•K-5•0.7mi
4/10
Gates Street Elementary School
Public,•K-5•0.8mi
2/10
Murchison Street Elementary School
Public,•K-6•1.0mi
3/10
Ann Street Elementary School
Public,•K-6•1.0mi
6/10
Multnomah Street Elementary School
Public,•K-5•1.3mi
2/10
Hillside Elementary School
Public,•K-5•1.6mi
4/10
Loreto Street Elementary School
Public,•K-5•1.7mi
4/10
Huntington Drive Elementary School
Public,•K-6•1.9mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.7mi
5/10
Glen Alta Elementary School
Public,•K-8•1.7mi
6/10
Hollenbeck Middle School
Public,•6-8•1.8mi
5/10
El Sereno Middle School
Public,•6-8•2.3mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•1.0mi
3/10
Theodore Roosevelt Senior High
Public,•9-12•1.6mi
4/10
Woodrow Wilson Senior High School
Public,•9-12•1.7mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•1.8mi
Price History
Date
Event
Price
05/18/99
Sold
$215,000
Condition Rating
Fair
The property was built in 1938 and appears to be maintained but outdated. The kitchens and bathrooms show their age with older appliances and fixtures. While functional, they would benefit from updates. The overall condition suggests it's been maintained but not recently renovated, fitting the 'fair' category.
Pros & Cons
Pros
Investment Opportunity: The property is a fourplex, presenting an immediate rental income opportunity and potential for building an investment portfolio.
Prime Location: Located minutes from Downtown LA, USC hospital, shopping centers, schools, restaurants, and major freeways (5, 101, 110), offering convenient access to amenities and transportation.
Large Lot Size: The 9,247 sqft lot provides ample space for parking, landscaping, and potential playground development, enhancing tenant appeal.
Cons
Year Built: Built in 1938, the property may require updates or renovations to meet modern standards and tenant expectations.
Unit Configuration: All units are one bedroom and one bath, which may limit appeal to larger families or those seeking more space.