Multifamily

1539 W 54Th St, Los Angeles, CA 90062

$645,000

3

Number of Units

3.89

%
Cap Rate

1923

Year Built
Listing Agent

Alexandro Colombo

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Great ADU Potential

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. This property is located in a growing submarket of Los Angeles; a short 14-minute drive to Downtown Los Angeles and in close proximity to Inglewood's new SoFi stadium and USC. The subject property is within walking distance to many local restaurants and grocery markets while offering tenants convenient access to the 105 and 110 Freeways. 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 two 1-bedroom 1-bathroom units. The second building is a freestanding 2-bedroom and 1-bathroom unit. The property is separately metered for gas and electricity. 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.

Offering Memorandum
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Listing Agent

Alexandro Colombo

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