listings details
listings details
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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.
Key details
MLS Number
26832565
Price
$799,000
Price per Sqft
$375
Bedrooms
6
Total Bathrooms
3
Full Bathrooms
3
Property class
Residential Property
Property type
Residential Income
Property style
Other
Year built
1923
HOA fees
-
Days on Market
8
Listing agent
Listing Agent 1
Agent name
Jerome McAlpin
Agent Email
jerome@mcalpinco.com
Agent Phone
(310) 437-4172
Website
http://mcalpinre.com
Brokerage name
McAlpin & Company
Brokerage address
-
Location
Street Address
535 54th Street
City
Los Angeles
County
CA
District
-
Major Intersection
-
Neighborhood
-
Zipcode
90037
Unit Number
-
Building details
Stories
-
Pet policy
-
Year Built
1923
Lot
0.13 acres / 5,462 sqft
Lot dimensions
-
Lot dimension source
-
Zoning
LAR2
Zoning type
-
Zoning description
-
Parking
Parking description
-
Garage spaces
-
Parking spaces
4
Interior
Bedroom
Bedrooms: 6
Bathroom
Bathrooms: 3
Heating & Cooling
Cooling: None
Heating: Wall Furnace
Schools/Amenities around
No schools found nearby.
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