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1572 Ricardo Street
Los Angeles, CA 90033
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!
PROPERTY INFORMATION
| MLS # | 24427985 | Lot Size | 7,497 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 959,000
Price Per SqFt: $ 432 |
DOM | 261 Days |
| Address | 1572 Ricardo Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 2,218 Sq. Ft. |
| Postal Code | 90033 | Garage | N/A |
| County | Los Angeles | Year Built | 1922 |
| Bed / Bath | 7 / 0 | Parking | N/A |
| Built In | 1922 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Washer Included, Dryer Included |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,023
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/16/2024 | Listed | $959,000 |
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Listing provided courtesy of Aleen Der Artinian, Compass. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
