1572 Ricardo Street
$959,000
7
6
2,218
2,218
$432
Listed By Compass
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...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!
Listing Agents
Property Details for 1572 Ricardo Street
Zoning
LARD1.5
Parcel Number5202016003
Total Units3.0
Living Area2218
Source Living AreaVendor Enhanced
AreaBoyle Heights (BOYH)
Vacancy Rate0
Lot Size Area7497
LISTING UPDATED: 08/22/2024 12:01 AM
Property Details for 1572 Ricardo Street
Status | Active |
---|---|
MLS # | 24-427985 |
Days on Market | 138 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1922 |
Lot Size | 0.17 AC / 7,497 SF |
County | Los Angeles County |
Building Information for 1572 Ricardo Street
Stories-Residences-Year Built1922Building Size-Lot Size0.17 AC / 7,497 SF
Property Information for 1572 Ricardo Street
Property History for 1572 Ricardo Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1572 Ricardo Street
Taxable ValueLand$286,120Additions$120,724Total$406,844
Tax Record2024$5,372 ($448 / month)
Home Facts
Total Finished SqFt2,218 SqFtAbove Grade Finished SqFt2,218 SqFtLot Size7,495 SqFtStyleTriplexYear Built1922ZoningLARD1.5CountyLOS ANGELESAPN5202-016-003
Schools near 1572 Ricardo Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Charter - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Murchison Street Elementary School PublicK to 6 | ||
Excel Charter Academy Charter6 to 8 | ||
Woodrow Wilson Senior High School Public9 to 12 | ||
Abraham Lincoln Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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