flag This property
sold
for
$650,000 6 years ago.
1665 W 57th Street
Los Angeles,
CA 90062
Area undergoing a major revitalization filled with new exciting developments and new Metro projects including the Crenshaw/LAX line (scheduled to open summer 2020) plus the new Metro Slauson Blvd bike & pedestrian path literally two blocks from the subject property connecting to Crenshaw's (LAX), Silver, Blue Lines and eventually link up to the LA River. Great Opportunity to own a Bread and Butter Income Property for the price of a Single Family home! Original 1920's vintage charm. Separately metered for gas and electric. Tenants pay for all utilities except water. Large 1 bedroom / 1 bath units. Each unit has their own washer and dryer hook ups. This property is gated for privacy and is turnkey - priced to sell! Conveniently located close to schools, USC, Banc of California Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Well maintained property with low maintenance and long-term tenants that always pay their rent on time. Need to complete a 1031 exchange? Look no further. Start collecting income right away! Great for seasoned investor or first time buyer. Great upside rental potential in this highly metropolitan location! Please do not disturb tenants. Property will be delivered occupied with existing tenants. PLEASE DO NOT WALK ON PROPERTY OR DISTURB TENANTS! Listing info deemed reliable but not guaranteed. No warranties expressed or implied.
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Listing Agent: Bryan Castillo | Office: Castillo Realty Group, Inc.
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