1656 RICARDO ST Los Angeles, CA, 90033
$ 895,000Bedrooms 4 Baths0.0 Sq 2,002
for $895,000 with 4 bedrooms. This 2,002 square foot home was built in 1921.
The subject property is a 4 unit bungalow, apartment complex built in 1921. The unit mix is two 1 bedroom, 1 bathroom units with a den and two 2 bedroom, 2 bathroom units. Each unit is its own structure and has its own entrance with no shared walls. The improvements are built on a 7, 500 square foot lot with total rentable square footage of 2, 002. The area is undergoing a major economic renaissance during the past decade. The new apartment and mixed use developments and existing apartment renovations in the area have provided an increase in the demand for high end rental units. This property offers an affordable option to the high rents that the area now commands. The property sits conveniently near Downtown LA and in close proximity to Lincoln Heights, El Sereno, Mt. Washington, Highland Park, major freeways, and much more.
Parking 1-20 Parking Spaces Unassigned Parking
List By Morgan McMullin
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Multi-family listings in Los Angeles, CA
Average List Price $2,046,494
Percent of Sale Price 129 %
About Los Angeles, CA
6 %Since 2002
$ 52,600 Median Income
35.79 Median Age
29 % Households with Children