1572 Ricardo St Active

Los Angeles,CA 90033

$ 959000

7 Beds

6 Baths

2218 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,218 sqft

Price per Sqft $432

MLS Listing ID 24-427985

Bedrooms 7

Year Built 1922

Lot Size 7,497 Sqft

Acres 0.1721

Property Description

Unlock the potential of this well-situated triplex in East Los Angeles, set on a generous 7,456 sq ft lot zoned RD1.5. This income-generating property features three separate, tenant-occupied units, each with its own utility meters for gas, water, and power, paid by tenants. The front unit offers 3 bedrooms, 2 baths, and central AC. The middle unit is a comfortable 2 bedroom, 2 bath setup, and versatile third room that can be used as an additional bedroom or office space. While the rear unit includes 2 bedroom and 2 bath. Located conveniently close to Cal State Los Angeles and USC Hospital. This property also holds potential for further development. Buyers are encouraged to verify zoning details and explore opportunities for building additional units. Don't miss out on this excellent investment opportunity in a thriving area with strong rental demand!

Location

State CA

County Los Angeles

Area Boyle Heights

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Air Conditioning, Wall Unit(s)

Equipment Dishwasher, Dryer, Washer, Range/Oven

Exterior

Parking Features Driveway

View Y/N No

View None

Building

Level or Stories Multi/Split, One, Multi/Split

Others

Special Listing Condition Standard

View More
Favorite Go Tour