NOT LISTED FOR SALE

2670 Sichel St Los Angeles, CA 90031

Lincoln Heights Neighborhood
22 Beds
12 Baths
8,192 Sq Ft
9,931 Sq Ft Lot

Last Sold December 27, 2018

Last sale price $1,500,000 $183 Per Sq Ft

4 Days on Market

About This Home

As of December 2018

Six units in Lincoln Heights. Built in 1970 by the seller. First time ever on the market. HUGE units (8,192 sq. ft.). (2) 3 bed/2 bath and (4) 4 bed/2 bath townhouse units. Below market rents with lots of upside potential. Large lot - 9,931 sq. ft. Individually metered for gas and electric and each unit has its own water heater. There are 12 parking spaces. Close to shops, restaurants and downtown Los Angeles. Easy freeway access. The property is being sold in its present "As Is" condition. PLEASE DO NOT DISTURB THE TENANTS.

Last Agent to Sell the Property

Michael Salerno

Michael Anthony Salerno License #01212427 Listed on: 10/31/2018

Michael Anthony Salerno

Last Buyer's Agent

Michael Salerno

Michael Anthony Salerno License #01212427 Listed on: 10/31/2018

Michael Anthony Salerno

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 9,931

Interior Spaces

  • 8,192 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 12 Bathrooms

Parking

  • 12 Parking Spaces
  • Tandem Parking

Additional Features

  • 9,931 Sq Ft Lot
  • Sewer in Street

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5206-005-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 8192
  • Probate: No
  • Stories: 2
  • Year Built: 1970
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 22
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 12.00
  • Den: 0
  • Price Per S Q F T: 182.50

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Tandem
  • Total Parking: 12

Utilities

  • Sewer: In Street
  • Water: In Street
  • Water Expense: 6000.00

Fee Information

  • Gas Expense: 2200.00
  • Insurance Expense: 3500.00
  • Maintenance Expense: 5000.00
  • Other Expense: 2000.00
  • Trash Expense: 2500.00

Lot Info

  • Assessed Improvement Value: 173417
  • Assessed Land Value: 31240
  • Assessor Parcel Number: 5206-005-009
  • Geocode Override: No
  • Lot Size Area: 9931

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 14.94
  • Number Of Units: 6
  • Total Annual Expense: 40340
  • Type Of Units: Townhouse
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 17940.00

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2018 12/27/18 Sold $1,500,000 +0.3% $183 / Sq Ft
10/31/2018 10/31/18 For Sale $1,495,000 -- $182 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Salerno

    Seller's Agent in 2018

    Michael Salerno

    Michael Anthony Salerno

    (310) 202-9166

    1 in this area

    32 Total Sales

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Map

Source: The MLS

MLS Number: 18-403652

The MLS

California Los Angeles County Los Angeles 90031 Lincoln Heights

2670 Sichel St, Los Angeles, CA

This home is located at 2670 Sichel St, Los Angeles, CA 90031 since 31 October 2018. This property was built in 1970. 2670 Sichel St is a home located in Los Angeles County with nearby schools including Hillside Elementary, Florence Nightingale Middle, and Abraham Lincoln High School.

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