Address
2529 Sichel Street Los Angeles, CA
Price
$ 1,998,000
Property Attributes
- MLS#AR20229525
- TypePending
- CountyLOS ANGELES
- CityLos Angeles
- AreaLincoln Hts
- Zip90031
- Style
- Price$ 1,998,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6120
- Lot Size11,687 SqFt
Listing Provided Courtesy Of:
Hoeng Yik with Real Estates Unlimited.
Property Description
We are pleased to present the opportunity to acquire 2529 Sichel, a newer 6 unit apartment complex located in the heart of Lincoln Heights. This property was built in 2004 and offers 6,120 sq ft of rentable space situated on a 11,689 sq ft parcel. This 6 unit building offers a desirable mix of: two - large 4 bed | 2 bath units, three - 2 bed | 1 bath units and one 2 bed | 2 bath unit. Good long term tenants are in place and are below market rents. Each unit is separately metered for gas and electric and has its own water heater. Property offer tenants on-site laundry facilities and gated parking. High walkability, just steps from shops, restaurants, schools, library and more. The subject property is conveniently located within close proximity to the 10, 5, and 110 fwy and minutes away from Pasadena, Downtown Los Angeles, Glendale and Hollywood. 2529 Sichel is a great opportunity that will be appealing to an array of buyers including an owner/user, investor or anyone in a 1031 exchange looking for a well located asset in good condition with substantial upside in rents.
| Price History | |
|---|---|
| 10/31/2020 | Listed $1,998,000 |
General Features
| Attached Structure | Attached |
|---|---|
| Community Features | Curbs, Sidewalks, Street Lights |
| Construction Materials | Stucco |
| Directions | southwest corner of Sichel St. and Ave. 26th |
| Garage Spaces | 0.00 |
| Heating | Wall Furnace |
| Listagentaor | Arcadia |
| Listing Agent | Hoeng Yik - BRE#01341144 |
| Listing Agent State License | 01341144 |
| MLS Area | 677 - Lincoln Hts |
| Number of Units Leased | 6 |
| Parking Features | On Site, Parking Space, Private, Tandem Uncovered |
| Pool Features | None |
| Price Per Square Foot | 326.47 |
| Property Attached Y/N | Yes |
| Roof | Shingle |
| Security Features | Carbon Monoxide Detector(s), Smoke Detector(s) |
| Sewer | Public Sewer |
| Source System | CRMLS |
| Special Listing Conditions | Standard |
| Total Units | 6 |
| Zoning | LARD2 |
Interior Features
| 1st Bedroom Area Unit Type | Square Feet |
|---|---|
| 2nd Bedroom Area Unit Type | Square Feet |
| 3rd Bedroom Area Unit Type | Square Feet |
| Common Walls | 2+ Common Walls |
| Heating Y/N | Yes |
| Laundry Features | Common Area, Dryer Included, Individual Room, Washer Included |
| Laundry Y/N | Yes |
| Studio Area Unit Type | Square Feet |
| Total Stories | 2 |
Exterior Features
| Building Area Total | 6120.00 |
|---|---|
| Fence Y/N | Yes |
| Fencing | Wrought Iron |
| Lot Features | Corner Lot, Front Yard, Garden, Level with Street, Lot 10000-19999 Sqft |
| Lot Size Acres | 0.2683 |
| Lot Size Area | 11689.0000 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 11689.00 |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
| Number of Separate Electric Meters | 7 |
| Number of Separate Gas Meters | 7 |
| Number of Separate Water Meters | 1 |
| Parking Y/N | Yes |
| Total Parking | 12.00 |
| Uncovered Spaces | 12.00 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 90031
Price
Visits
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of January 22, 2021 8:23 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
