Search
1723 Sichel St, Los Angeles, CA 90031
Image 2 for 1723 Sichel St, Los Angeles, CA 90031
Image 3 for 1723 Sichel St, Los Angeles, CA 90031
View Photos

1723 Sichel St Los Angeles, CA 90031

$850,000
  • 15 Beds
  • 15 Baths
  • 2,200 Sq.Ft.
For Sale
$850,000 Get Pre-Qualified
Map preview of 1723 Sichel St, Los Angeles, CA 90031

Property Overview: 1723 Sichel St Los Angeles, CA has 15 bedrooms, 15 bathrooms, 2,200 living square feet and 5,914 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Investment Opportunity – 1723 Sichel Street, Los Angeles, CA Introducing 1723 Sichel St, a 5-unit multi-family property situated on a 5,912 sq. ft. lot in the vibrant Los Angeles area. This property features 5 bedrooms and 5 bathrooms, with one bathroom per unit, providing a great opportunity for rental income once renovated. This contractor special requires TLC and is perfect for investors seeking a value-add project. The property is under REAP (Rent Escrow Account Program), making it ideal for those who can bring it up to compliance and increase its rental potential. With its spacious lot and garage space of 504 sq. ft. for three vehicles, this property offers significant potential once improvements are made. Located in a prime LA neighborhood, it provides convenient access to local amenities, schools, and attractions. Take advantage of this opportunity to invest in a multi-unit property with incredible upside in Los Angeles! The 5 Units next door are also for sale.

Listed by David De Anda | BRE #01912935 | Las Casas Realty, Inc.
Last checked: 10 minutes ago | Last updated: September 6th, 2024 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
5,914
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
GD24185078
City
Los Angeles
County
Los Angeles
Time on Site
13 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 15
  • Total # of Buildings: 1
  • # of Leased Units: 5
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $950
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $675
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $875
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $650
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $950
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $49,200
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --
  • Water/Sewer: $6,000

Open Houses for 1723 Sichel St

No upcoming open houses

Schedule Tour

Property Details for 1723 Sichel St

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 15
  • Parcel Number: 5210007033
  • Entry Level: 5
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Mission Ave and Sichel St
View more facts & features

Local Los Angeles Agent

Sale History for 1723 Sichel St

View property's historical transactions

  • September, 2024

  • Sep 5, 2024

    Date

    Active

    CRMLS: GD24185078

    $850,000

    Price

  • April, 2023

  • Apr 7, 2023

    Date

    Canceled

    CRMLS: 23249145

    $699,000

    Price

  • Mar 8, 2023

    Date

    Active

    CRMLS: 23249145

    $699,000

    Price

  • Listing provided courtesy of CRMLS

    Close to major freeways I-5 and I-10 and USC hospital. Just minutes from downtown. Must be sold together with 1715 Sichel St. located adjacent to the subject property: Listing ID: 23-249117. Total for both properties $1.4M. Both properties currently under REAP.

Show More

Tax History for 1723 Sichel St

Assessed Value (2020): $157,576
Year Land Value Improved Value Assessed Value
2020 $121,510 $36,066 $157,576

Home Value Compared to the Market

This property vs the competition

1723 Sichel St is listed 29.17% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $386.36 per/sqft which puts the price per square foot 49.69% lower than the median price per square foot for the city of Los Angeles.

About 1723 Sichel St

Detailed summary of property

1723 Sichel St is a multi family located in Los Angeles, CA 90031 and is currently for sale. This multi family property offers 15 bedrooms, 15 bathrooms, roughly 2,200 living square feet, and sits on an approximately 5,914 square foot lot. 1723 Sichel St was first listed on ArdentRealEstateGroup.com on September 6, 2024. The homeowner is currently asking $850,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 29.17% lower than the median priced home. Local competing homes currently for sale include 6016 E Olympic Blvd, 6524 S Central Ave and 5400 S Broadway. While the average home in Los Angeles, CA is selling in 106 days, 1723 Sichel St has a days on market of 13 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1723 Sichel St Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1723 Sichel St

Public county record property details
Beds
5
Baths
5
Year built
1924
Sq. Ft.
2,200
Lot Size
5,912
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
A
APN
5210-007-033

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,000
Median List Price/Sq.Ft.
$701
Median Sold Price
$825,000
Median Sold Price/Sq.Ft.
$628
Total Inventory
38
Median Sale to List Price %
99.64%
Avg Days on Market
42
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

Tour This Home

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1723 Sichel St

Nearby Homes for Sale

1715 Sichel St, Los Angeles, CA 90031
$850,000
15 Beds
15 Baths
2200 Sq.Ft.
1715 Sichel St
Los Angeles, CA 90031
3954 City Terrace Dr, Los Angeles, CA 90063
$995,000
-- Beds
-- Baths
3177 Sq.Ft.
3954 City Terrace Dr
Los Angeles, CA 90063
3113 N Eastern Ave, Los Angeles, CA 90032
$775,000
2 Beds
1 Baths
1894 Sq.Ft.
3113 N Eastern Ave
Los Angeles, CA 90032
5254 Alhambra Ave, Los Angeles, CA 90032
$899,000
-- Beds
2 Baths
2160 Sq.Ft.
5254 Alhambra Ave
Los Angeles, CA 90032
1524 E 15th St, Los Angeles, CA 90021
$979,556
-- Beds
-- Baths
4000 Sq.Ft.
1524 E 15th St
Los Angeles, CA 90021
4606 Compton Ave, Los Angeles, CA 90011
$760,000
-- Beds
-- Baths
830 Sq.Ft.
4606 Compton Ave
Los Angeles, CA 90011
889 E Vernon Ave, Los Angeles, CA 90011
$799,000
-- Beds
-- Baths
672 Sq.Ft.
889 E Vernon Ave
Los Angeles, CA 90011
564 S Sadler Ave, Los Angeles, CA 90022
$925,000
-- Beds
-- Baths
2928 Sq.Ft.
564 S Sadler Ave
Los Angeles, CA 90022

Recently Sold Homes Near 1723 Sichel St

1383 Murchison St, Los Angeles, CA 90033
$2,000,000 Last Sold Price
-- Beds
-- Baths
6045 Sq.Ft.
1383 Murchison St
Los Angeles, CA 90033
1900 E 1st St, Los Angeles, CA 90033
$800,000 Last Sold Price
2 Beds
2 Baths
1899 Sq.Ft.
1900 E 1st St
Los Angeles, CA 90033
2686 Workman St, Los Angeles, CA 90031
$720,000 Last Sold Price
-- Beds
-- Baths
2106 Sq.Ft.
2686 Workman St
Los Angeles, CA 90031
133 S S Boyle Ave, Los Angeles, CA 90033
$2,500,000 Last Sold Price
-- Beds
-- Baths
5769 Sq.Ft.
133 S S Boyle Ave
Los Angeles, CA 90033

Related Resources to 1723 Sichel St

New Listings in 90031
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

Call