Property description updated with
new details
View Changes
Previous Description:
$75,000 PRICE REDUCTION -- MOTIVATED SELLER \ SEND YOUR OFFER -- 1539 West 54th Street is a well-kept 3-unit property composed of two buildings plus a 450SF garage structure with access through a back alley; the garage and the two off-street parking spaces next to it are currently occupied by the seller (no off-street parking has been assigned to the current renters). The property was extensively upgraded in 2005 and comprises approximately 1,883 rentable square feet on a 5,287 square foot lot. The front building contains one oversized 1-bedroom 1-bathroom units and a 2-bedroom 1-bathroom (1b/1b per title) unit. The second building is a freestanding 2-bedroom and 1-bathroom unit. The property is separately metered for gas and electricity. This property is located in a growing submarket of Los Angeles within walking distance to many local restaurants and grocery markets while offering tenants convenient access to the 105 and 110 Freeways; a short 14-minute drive to Downtown Los Angeles; and in close proximity to Inglewood's new SoFi stadium and USC. This is a great opportunity to acquire a desirable multi-family asset with substantial upside in the city of Los Angeles and would be a great addition to any investor's portfolio.
Updated Description:
$75,000 PRICE REDUCTION -- MOTIVATED SELLER \ SEND YOUR OFFER -- 1539 West 54th Street is a well-kept 3-unit property composed of two buildings plus a 450SF garage structure with access through a back alley; the garage and the two off-street parking spaces next to it are currently occupied by the seller (no off-street parking has been assigned to the current renters). The property was extensively upgraded in 2005 and comprises approximately 1,883 rentable square feet on a 5,287 square foot lot. The front building contains one oversized 1-bedroom 1-bathroom units and a 2-bedroom 1-bathroom (1b/1b per title) unit. The second building is a freestanding 2-bedroom and 1-bathroom unit. The property is separately metered for gas and electricity. This property is located in a growing submarket of Los Angeles within walking distance to many local restaurants and grocery markets while offering tenants convenient access to the 105 and 110 Freeways; a short 14-minute drive to Downtown Los Angeles; and in close proximity to Inglewood's new SoFi stadium and USC. This is a great opportunity to acquire a desirable multi-family asset with substantial upside in the city of Los Angeles and would be a great addition to any investor's portfolio.
