626 East 54th Street new

Los Angeles,CA 90011

$ 850000

- Bed

0 Bath

2589 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,589 sqft

Price per Sqft $328

MLS Listing ID PW-24052353

Year Built 1924

Lot Size 4,772 Sqft

Property Description

EXECUTIVE SUMMARY This Apartment an 2-unit apartment building. Built in 1924 and nestled in the Los Angeles, , this property stands as one of the most attractive multifamily investments in the entire county, boasting a compelling Capitalization Rate (CAP rate) on current rental income. A rare opportunity to take advantage of positive leverage, This apartment, each generously proportioned to function as complete Four-bedroom 1/2 bath units and Five bedroom one and 1/2 bath.

Location

State CA

County Los Angeles

Zoning LAR2

Interior

Fireplaces Type None

Laundry None

Exterior

Garage Concrete

Pool None

Community Features Park

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

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