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    1933 W 54Th St

    Los Angeles, CA 90062
    • $1,350,000
    • STATUS: Active
    • ON SITE: 21 days
    • MLS #: 21-742148
    Price Reduced
    UPDATED: 23 min ago
    $1,350,000
    • 7
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,621
      SQFT
    • $373
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1931
    County:

    School Ratings & Info

    Description

    Well located four unit complex near Slauson and Western Avenues. This property features 2 - two unit buildings with all three bedroom apartments. The structures were built in 1931 and contain a combined 3,671 square feet. The units are situated on a corner lot of over 8,000 square feet and is zoned LARD1.5. That zoning may allow for 5 units to be built there. Please check with the City of LA to verify. The apartments are currently producing over $113,000 annually and there is still some upside in the rents. With an excellent GRM of only 11.8 and a CAP of 5.73, these units will not last. Make all offers subject to inspection. Please do not disturb tenants. Seller will not deliver any vacant units at the close of escrow.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-23T13:43:02.56. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/117788257
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    1933 W 54Th St Los Angeles, CA 90062

    • Price: $1,350,000
    • Status: Active
    • Updated: 23 min ago
    • MLS #: 21-742148
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    3,621
    SQFT
    $373
    $/SQFT
    1931
    Built
    Neighborhood:
    Park Hills Heights
    County:
    Los Angeles
    Area:
    Park Hills Heights
    Property Description
    Well located four unit complex near Slauson and Western Avenues. This property features 2 - two unit buildings with all three bedroom apartments. The structures were built in 1931 and contain a combined 3,671 square feet. The units are situated on a corner lot of over 8,000 square feet and is zoned LARD1.5. That zoning may allow for 5 units to be built there. Please check with the City of LA to verify. The apartments are currently producing over $113,000 annually and there is still some upside in the rents. With an excellent GRM of only 11.8 and a CAP of 5.73, these units will not last. Make all offers subject to inspection. Please do not disturb tenants. Seller will not deliver any vacant units at the close of escrow.
    Exterior Features

    Lot Size Area 8157 Other Structures Other Parking Garage Garage Style Spanish Total Parking 4

    Interior Features

    Baths Total 4.00 Cooling None Equipment None Heating Wall

    Property Features

    Assessed Total Value 429003 Gross Income 113856 Gross Operating Income 113856 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 77422.00 Number Of Buildings 2 Number Of Units 4 Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 34157 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Jerome McAlpin DRE#00939725 of Mcalpin & Company.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-23T13:43:02.56. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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