626 E 54Th Street

Los Angeles, CA 90011

PRICE REDUCED

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-$50,000 (-5.56%)

$850,000

List Price

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1924

calendar_month Built

Property Description

EXECUTIVE SUMMARY This Apartment an 2-unit apartment building. Built in 1924 and nestled in the Los Angeles, , this property stands as one of the most attractive multifamily investments in the entire county, boasting a compelling Capitalization Rate (CAP rate) on current rental income. A rare opportunity to take advantage of positive leverage, This apartment, each generously proportioned to function as complete Four-bedroom ½ bath units and Five bedroom one and ½ bath.

Listing Information

List Price $850,000
Status Active
MLS PW24052353
Type Residential Income
Subtype Single Family Residence
Year Built 1924
Lot Size 4,772
Structure Size N/A
DOM 150
Courtesy Of Action Realty Task Holdings
Listing Agent Mooney Lee DRE#01731619

Interior Features

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Location(s) None
Total Bedroom
Bedrooms N/A
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Exterior Information

Maps

Listing information courtesy of: Mooney Lee, Action Realty Task Holdings . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:51 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.