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212 E 54th Street
USD 750,000
Property ID: SB23210755
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212 E 54th Street ,90011
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icon 5330 SqFt
icon Built in 1931
icon USD 141/SqFt
icon 0 Bed
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
2430
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1931
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Detailed Introduction Of This Home
212 E 54th St is a three unit apartment complex located in South Los Angeles. Constructed in 1931 and sitting on a 5,330 SF Lot Zoned LARD1.5. Property consists of two buildings totaling 2,430 SF. Front building is a 4 Bedroom / 2 Bath House paying $3,700 and rear building has two 1 Bedroom / 1 Bath units paying $1,050 and $1,300 each. The property line is fully fenced on all 4 sides including the gated entrance with front and back access. This investment presents an income generating opportunity at 10.33 GRM and 7.03% Cap Rate with current rents. Property has recent upgrades; All units are separately metered for gas and electricity. Tenants are all on month to month leases, subject to LA City rent control. All tenants are current on rent. Front House can be delivered vacant. Property will be sold as is.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (17)
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212 E 54th Street
USD 750,000 0 Beds
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