1715 Sichel Street
Description
Presenting 1715 Sichel St, a 5-unit multi-family property in the heart of Los Angeles, perfect for investors looking for a contractor special. This property, located on a 6,141 sq. ft. lot, offers a total of 5 bedrooms and 5 bathrooms, with each unit having its own bathroom. The property is in need of TLC and is a fantastic opportunity for those with a vision for renovation or value-add potential. It is currently under REAP (Rent Escrow...Investment Opportunity – 1715 Sichel Street, Los Angeles, CA
Presenting 1715 Sichel St, a 5-unit multi-family property in the heart of Los Angeles, perfect for investors looking for a contractor special. This property, located on a 6,141 sq. ft. lot, offers a total of 5 bedrooms and 5 bathrooms, with each unit having its own bathroom. The property is in need of TLC and is a fantastic opportunity for those with a vision for renovation or value-add potential. It is currently under REAP (Rent Escrow Account Program), which adds to its potential as a project for experienced investors ready to bring it up to code and maximize rental income. The three-vehicle garage, totaling 504 sq. ft., provides additional value. Once renovated, this property will have strong potential for rental income in a desirable Los Angeles location with easy access to schools, amenities, and attractions. Don’t miss this chance to take advantage of the real estate market in one of LA’s thriving neighborhoods! The 5 Units next door are also for sale. Get them before they are gone.
- Listed by David De Anda • DRE #01912935 • Brokerage DRE #00804434 • Las Casas Realty, Inc. • 626-592-5341
Property Details for 1715 Sichel Street
Property Details for 1715 Sichel Street
| Status | Active |
|---|---|
| MLS # | GD24185090 |
| Days on Market | 14 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Commercial Sale / Multi Family |
| Year Built | 1932 |
| Lot Size | 0.14 AC / 6,141 SF |
| County | Los Angeles County |
Building Information for 1715 Sichel Street
Property Information for 1715 Sichel Street
- Gross Scheduled Income: $26,640
- Water Sewer Expense: $6,000
- Investment Property: Yes
- Laundry: No
- Laundry Features: None
- Lot Features: 0-1 Unit/Acre
- Land Use: Multi-Family
- Water Source: Public
- Building Status: Existing
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $450
- Unit Type Type: 1
- Unit Type Units Total: 2
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $630
- Unit Type Type: 2
- Unit Type Units Total: 3
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Type: 3
- Unit Type Description: Vacant
- Unit Type Units Total: 4
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $675
- Unit Type Type: 4
- Unit Type Units Total: 5
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $465
- Unit Type Type: 5
Property History for 1715 Sichel Street
| Date | Event & Source | Price | Appreciation |
|---|
| 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 1715 Sichel Street
Schools near 1715 Sichel Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Charter - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Griffin Avenue Elementary School PublicK to 5 | ||
Excel Charter Academy Charter6 to 8 | ||
Abraham Lincoln Senior High School Public9 to 12 | ||
Woodrow Wilson 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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Listing Courtesy of Las Casas Realty, Inc., David De Anda, DRE #01912935
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.