840 W 54th, Los Angeles, CA 90037

$1,235,000
9
BD
5
BA

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List Price
$1,235,000
Days on Market
2
Status
ACTIVE
MLS#
SB26230870
Bedrooms
9
Bathrooms
5
Lot Size(apprx.)
5,122
City
Los Angeles
Property Type
Multifamily

Property Description

RARE LOS ANGELES FOURPLEX- EXCEPTIONAL VALUE-ADD POTENTIAL! An outstanding opportunity to acquire a well-maintained multifamily asset, offered for the first time in over 25 years! This spacious fourplex features three-2 bedroom 1 bath apartments, and one 3-bedroom unit- presenting an attractive combination of established rental income and substantial upside potential! One of the units has been tastefully remodeled and showcases contemporary flooring, an updated kitchen, stylish finishes, and an inviting living areaproviding a glimpse of the property's future potential. Generous floor plans, tasteful improvements, and convenient rear parking enhance the property's long-term investment appeal. Ideally situated within minutes to USC, Downtown Los Angeles, and the 110 Freeway, this property offers convenient access to major employment centers, transportation corridors, and neighborhood amenities.With existing income, strategic rental repositioning opportunities, and a desirable Los Angeles location, this fourplex represents a solid addition to an investment portfolio. ***A RARE OPPORTUNITY TO ACQUIRE, ENHANCE, AND BUILD SOLID, LONG-TERM VALUE!*** Seller's sale is subject to a 1031 exchange. RARE LOS ANGELES FOURPLEX- EXCEPTIONAL VALUE-ADD POTENTIAL! An outstanding opportunity to acquire a well-maintained multifamily asset, offered for the first time in over 25 years! This spacious fourplex features three-2 bedroom 1 bath apartments, and one 3-bedroom unit- presenting an attractive combination of established rental income and substantial upside potential! One of the units has been tastefully remodeled and showcases contemporary flooring, an updated kitchen, stylish finishes, and an inviting living areaproviding a glimpse of the property's future potential. Generous floor plans, tasteful improvements, and convenient rear parking enhance the property's long-term investment appeal. Ideally situated within minutes to USC, Downtown Los Angeles, and the 110 Freeway, this property offers convenient access to major employment centers, transportation corridors, and neighborhood amenities.With existing income, strategic rental repositioning opportunities, and a desirable Los Angeles location, this fourplex represents a solid addition to an investment portfolio. ***A RARE OPPORTUNITY TO ACQUIRE, ENHANCE, AND BUILD SOLID, LONG-TERM VALUE!*** Seller's sale is subject to a 1031 exchange.

Additional Information

Cooling
None
Lot Size
5,122
Tenant Pays
Electricity, Gas/Propane

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Delia Hooper (323-819-1639) from Listing Office: The Hooper Preserve.

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