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
AVG $830K
$2M
Visits
AVG 69
2
Year Built
AVG 1937
2004

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