1709 Sichel Street, Los Angeles, California 90031, Los Angeles, 90031 - bed, bath
ACTIVE$1,000,000
1709 Sichel Street, Los Angeles, California 90031
0Bed
0Bath
2,664Sqft
9,247Lot
Year Built
1938
Close
-
List price
$1M
Original List price
$1M
Price/Sqft
$375
HOA
-
Days on market
-
Sold On
-
MLS number
RS25260452
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.00M(46th), sqft - 2664(69th), beds - undefined(50th), baths - undefined(50th).
GREAT INVESTMENT opportunity in the great area of Los Angeles. These Fourplex, two-buildings consist of one bedroom and one bath each unit with a lot size of 9,247.The lot size offers plenty of space for parking space, landscaping and playground. This property is a perfect investment to start creating your own investment portfolio. Creating immediate rental opportunity to start fresh with new tenants. This property is minutes away from downtown LA, close to USC hospital, shopping centers, schools, restaurants and close to 5, 101, 101, 110 FWYS. This is a great opportunity!!
Nearby schools
4/10
Griffin Avenue Elementary School
Public,•K-5•0.4mi
3/10
Albion Street Elementary School
Public,•K-6•0.7mi
4/10
Bridge Street Elementary School
Public,•K-5•0.7mi
4/10
Gates Street Elementary School
Public,•K-5•0.8mi
2/10
Murchison Street Elementary School
Public,•K-6•1.0mi
3/10
Ann Street Elementary School
Public,•K-6•1.0mi
6/10
Multnomah Street Elementary School
Public,•K-5•1.3mi
2/10
Hillside Elementary School
Public,•K-5•1.6mi
4/10
Loreto Street Elementary School
Public,•K-5•1.7mi
4/10
Huntington Drive Elementary School
Public,•K-6•1.9mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.7mi
5/10
Glen Alta Elementary School
Public,•K-8•1.7mi
6/10
Hollenbeck Middle School
Public,•6-8•1.8mi
5/10
El Sereno Middle School
Public,•6-8•2.3mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•1.0mi
3/10
Theodore Roosevelt Senior High
Public,•9-12•1.6mi
4/10
Woodrow Wilson Senior High School
Public,•9-12•1.7mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•1.8mi
Price History
Date
Event
Price
11/20/25
Listing
$1,000,000
05/18/99
Sold
$215,000
Condition Rating
Poor
Built in 1938, this property shows significant signs of age and deferred maintenance. The bathroom images reveal peeling paint, very outdated fixtures (pedestal sink, old tiles), and a general worn appearance. While no kitchen images are provided, it's highly probable they are similarly dated. The overall interior and exterior appear un-renovated for many decades. The property analysis also notes the likelihood of requiring 'significant capital expenditures for system upgrades (e.g., plumbing, electrical, roofing) and general modernization.' This indicates a need for substantial repairs and rehabilitation to meet current living standards and maximize rental potential.
Pros & Cons
Pros
High-Value Investment Type: This quadruplex (four-unit residential income property) represents a strong investment opportunity in the Los Angeles market, ideal for portfolio expansion.
Generous Lot Size: The substantial 9,247 sqft lot offers ample space for parking, landscaping, and potential future development or amenities, a significant advantage in an urban setting.
Strategic Urban Location: Located minutes from Downtown LA, USC hospital, major freeways (5, 101, 110), shopping, and schools, ensuring high tenant demand and excellent accessibility.
Immediate Rental Income Potential: The property offers an immediate opportunity to 'start fresh with new tenants,' allowing an investor to set market-rate rents and maximize initial cash flow.
Consistent Unit Configuration: Comprising four 1-bedroom, 1-bathroom units, the property offers a standardized and highly sought-after rental product, appealing to a broad tenant base.
Cons
Property Age & Potential for Deferred Maintenance: Built in 1938, the property is likely to require significant capital expenditures for system upgrades (e.g., plumbing, electrical, roofing) and general modernization to meet contemporary standards.
Unspecified Unit Condition: The description lacks details on recent renovations or current unit conditions, suggesting units may be dated and require immediate investment to optimize rental value and tenant appeal.
Listing Date Discrepancy: The 'on_market_date' and 'modified_timestamp' are listed as 2025-11-20, which is a future date for an 'Active' listing, indicating a potential data entry error or a planned future re-listing that could cause confusion.