1549 E 33rd Street, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE$700,000
1549 E 33rd Street, Los Angeles, California 90011
0Bed
0Bath
2,132Sqft
5,147Lot
Year Built
1964
Close
-
List price
$700K
Original List price
$850K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
DW25035721
Home ConditionPoor
Features
Patio
ViewNeighborhood
About this home
WELCOME ALL INVESTORS AND FIRST TIME BUYERS.THIS IS A BIG OPPORTUNITY TO BUY 3 UNITS WITH 2 BEDS AND I BATH EACH INVESTORS ALL UNITS ARE IN GOOD CONDITION IN A DECENT AREA WITH LONG DRIVEWAY PROPERTIES ARE GATED FOR PRIVACY AND WILL BE SOLD WITH LONG TERM AND STABLE TENANTS. UNITS WILL BE DELIVERED WITH TENANTS. TENANTS PAY GAS AND ELECTRICITY AND SELLER PAYS WATER. THE BUYERS ARE RESPONSIBLE TO INVESTIGATE ALL ASPECTS AND CONDITIONS OF THE UNITS. SELLER RECOMMENDS ALL BUYERS TO HIRE AN INSPECTOR. SALE OF THESE UNITS ARE AS IS CONDITION AND WITHOUT ANY REPAIRS FROM THE SELLER AND NO TERMITE. SUBJECT TO INTERIOR INSPECTION. LISTING AGENT HAS NOT SEEN inside the property.,BIG NOTICE BACK ON MARKET BUYER DID NOT QUALIFY. NOW SELLER REDUCE PRICE.NOW ##### PLEASE HURRY FIRST TIME BUYERS AND INVESTOR
Nearby schools
4/10
Nevin Avenue Elementary School
Public,•K-5•0.1mi
4/10
Ascot Avenue Elementary School
Public,•K-5•0.6mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.7mi
5/10
Twentieth Street Elementary School
Public,•K-5•0.8mi
2/10
Harmony Elementary School
Public,•K-5•0.8mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.8mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.9mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.9mi
2/10
Hooper Avenue Elementary School
Public,•1-5•1.2mi
2/10
Holmes Avenue Elementary School
Public,•K-6•1.2mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.2mi
2/10
Aurora Elementary School
Public,•K-5•1.3mi
5/10
Lillian Street Elementary School
Public,•K-6•1.8mi
5/10
Pacific Boulevard School
Public,•K-5•2.0mi
5/10
Estrella Elementary School
Public,•K-5•2.1mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.3mi
3/10
George Washington Carver Middle School
Public,•6-8•1.0mi
6/10
Vernon City Elementary School
Public,•K-7•1.1mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.7mi
3/10
Thomas A. Edison Middle School
Public,•6-8•2.1mi
3/10
Henry T. Gage Middle School
Public,•6-8•2.7mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.3mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.3mi
5/10
Santee Education Complex
Public,•9-12•1.4mi
4/10
Huntington Park Senior High School
Public,•9-12•2.4mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.8mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•2.8mi
3/10
John C. Fremont Senior High School
Public,•9-12•3.2mi
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (23 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,132 | 2,022 | 58% |
| Lot Size | 5,147 | 5,364 | 38% |
| Price | $700K | $705K | 50% |
| Price per square foot | $328 | $345 | 33% |
| Built year | 1964 | 9615962 | 92% |
| HOA | |||
| Days on market | 259 | 177 | 79% |
Condition Rating
Poor
The property, built in 1964 (60 years old), shows significant signs of neglect and deferred maintenance on the exterior, including peeling stucco and a cluttered, unkempt yard with makeshift structures. The listing explicitly states 'AS IS CONDITION AND WITHOUT ANY REPAIRS FROM THE SELLER' and 'LISTING AGENT HAS NOT SEEN inside the property,' which strongly indicates that the interior, including kitchens and bathrooms, is likely very outdated and requires substantial rehabilitation. While currently tenant-occupied, the visible condition and sale terms suggest major components are at or past their lifespan, requiring significant investment beyond minor updates.
Pros & Cons
Pros
Income-Generating Property: This triplex offers three separate 2-bedroom, 1-bath units, providing immediate and consistent rental income potential for investors.
Occupied & Stable Tenancy: The units are delivered with long-term, stable tenants already in place, ensuring immediate cash flow and eliminating vacancy costs for the new owner.
Significant Price Reduction: A substantial $150,000 reduction from the original list price indicates a motivated seller and presents a compelling value proposition for buyers.
Broad Buyer Appeal: Explicitly marketed to both investors seeking a turnkey rental asset and first-time buyers looking for an owner-occupied property with supplemental income.
Privacy & Parking Amenities: The property is gated, offering enhanced privacy and security, complemented by a long driveway that provides ample off-street parking.
Cons
As-Is Condition & No Seller Repairs: The property is sold strictly 'as-is' with no repairs or termite treatment from the seller, placing full responsibility for any necessary improvements or issues on the buyer.
Limited Interior Access/Knowledge: The listing agent has not seen the interior of the property, suggesting potential unknown conditions and necessitating thorough buyer inspection.
Prior Failed Transaction: The property is back on the market due to a previous buyer's inability to qualify, which may warrant additional scrutiny during due diligence.