$ 799,000
-
$799,000
Price -
6
Bed -
5
Bath -
2,128
SqFt
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About the Listing CLW-X02104 - CLW-X06070
537 West 54th Street is a 3-unit apartment complex located just west of Figueroa and north of Slauson Avenue. It consists of 2 buildings totaling 2,128 square feet. The duplex in front has (2) 2 bedroom-2-bathroom apartments and the rear house is a 2-bedroom 1 bath. The current income is $1,274 for one of the front 2-bedroom units and the other is rented at $2,100. The house is currently leased at $1,352 per month. The annual projected income is $56,712; however, one of the front 2-bedrooms may become available soon, which would help to increase the annual income substantially. No guarantee on that. Another huge benefit is that this property is separately metered for ALL utilities. Yes, no water, gas or electric bills. The structures were built in 1923 of wood-frame stucco construction, and they are situated on a 5,462 square foot lot, which is zoned LAR2. Great opportunity for a first-time investor or owner occupant. Call or email for more details.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Multi-Family
MLS ®
26832565
Year Built
1923
Total Square Footage
2,128
Lot/Acreage
0.13
County
Los Angeles
Area
C42 - Downtown L.A.
Interior Details
- Bedrooms: 6
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: LAR2
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Uncovered
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5001025013
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
535 W 54th St Los Angeles, CA 90037
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