Los Angeles, CA 90042,154 S Avenue 54

$1,550,000

Est. payment /mo

$1,548,000

0.1%
Est.Price: ?

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154 S Avenue 54 Los Angeles, CA 90042

4 Beds

4 Baths

5,619 Sqft Lot

SOLD DATE : 09/26/2023

Key Details

Sold Price $1,550,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID GD23085104

Bedrooms 4

Lot Size 5,619 Sqft

Property Description

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, Otoo, 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.
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, Otoo, 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.

Location

State CA

County Los Angeles

Area Los Angeles (90042)

Zoning Assessor

Interior

Cooling Wall/Window

Building

Lot Description Sidewalks

Story 2

Others

Acceptable Financing Cash, Conventional, FHA, VA

Space Rent $2,700

Listing Terms Cash, Conventional, FHA, VA

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San Diego Regional MLS (SDMLS)
Listed by Andrew Izquierdo • Las Casas Realty, Inc.
Bought with Kyu Hyung Lee • Won Suk Kim Real Estate, Inc.

Glen Henderson

Broker Associate | License ID: 01384181

+1(619) 500-3222

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