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Sold for $1,550,000 on 09/26/23
  • Listing Provided by: 

    Andrew Izquierdo DRE #02036289 323-254-2206,

    Las Casas Realty, Inc.,

    Blake Avila DRE #02136253 626-825-4847,

    Las Casas Realty, Inc.

    $1,550,000

    154 S Avenue 54, Los Angeles, CA 90042

    --beds
    --baths
    2,290sqft
    Multi Family
    Built in 1940
    -- sqft lot
    $1,500,400 Zestimate®
    $677/sqft
    $3,927 Estimated rent

    What's special

    Incredible Owner-User or Investment opportunity to acquire a beautifully remodeled 4-plex in highly desirable Highland Park. A lot of money invested in this meticulous renovation project. The property consists of one 2 bedroom 1 bath (occupied), one 1 bedroom 1 bath (open), one 1 bedroom 1 bath (occupied), and one studio (occupied). All four apartments have been extensively remodeled. The occupied studio, 2 bedroom, and 1 bedroom units have tenants who have been there for less than one year. One of the four units will be open at the close of escrow. Additionally, the three occupied units are open to remaining for a year post COE and are on a year contract. The property is conveniently located on a quiet street just a walk away from red-hot Figueroa Boulevard where you'll find local favorites like Hippo, Kitchen Mouse, Cookbook, HomeState, Civil Coffee, Cafe Birdie, ETA, Otoño, Rosty, and so many more. You also have easy access to freeways and proximity to DTLA, Pasadena, the Metro Gold Line, all the restaurants, bars, coffee shops, nightlife, and the vibrant urban lifestyle that Highland Park offers.

    Zillow last checked: 7 hours ago

    Listing updated: September 26, 2023 at 12:37pm

    Listing Provided by:

    Andrew Izquierdo DRE #02036289 323-254-2206,

    Las Casas Realty, Inc.,

    Blake Avila DRE #02136253 626-825-4847,

    Las Casas Realty, Inc.

    Bought with:

    Kyu Hyung Lee, DRE #02088568

    Won Suk Kim Real Estate, Inc.

    Source: CRMLS,MLS#: GD23085104MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: 6 Burner Stove, Built-In Range, Dishwasher, Electric Cooktop, Electric Oven, Freezer, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer
    • Laundry: Common Area, Outside
    Features
    • Flooring: Tile, Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,290
    • Total interior livable area: 2,290 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Entry location: East
    • Pool features: None
    • Fencing: Wood
    Lot
    • Size: 5,619 sqft
    • Features: Front Yard, Yard
    Details
    • Parcel number: 5468015029
    • Zoning: LARD2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Concrete
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Los Angeles

    HOA & financial

    Other financial information
    • Total actual rent: 7200

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,FHA,Fannie Mae,Freddie Mac,Government Loan,Submit,VA Loan
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $1,500,400