$959,000
For Sale

1572 Ricardo Street

Los Angeles, CA 90033
2218 sqft | 7 beds | 0.17 acres | #24427985
Listing OfficeCompass
Browse 11 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Unlock the potential of this well-situated triplex in East Los Angeles, set on a generous 7,456 sq ft lot zoned RD1.5. This income-generating property features three separate, tenant-occupied units, each with its own utility meters for gas, water, and power, paid by tenants. The front unit offers 3 bedrooms, 2 baths, and central AC. The middle unit is a comfortable 2 bedroom, 2 bath setup, and versatile third room that can be used as an additional bedroom or office space. While the rear unit includes 2 bedroom and 2 bath. Located conveniently close to Cal State Los Angeles and USC Hospital. This property also holds potential for further development. Buyers are encouraged to verify zoning details and explore opportunities for building additional units. Don't miss out on this excellent investment opportunity in a thriving area with strong rental demand!

  • Interior Details
      • Bedrooms7
  • Property Details
      • Acres0.1721
      • Square Feet2218
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1922
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$959,000
  • Other
      • MLS #24427985

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00