Los Angeles, CA 90033 1572 Ricardo Street

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Presented By: Aleen Der Artinian with Compass;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25499413
  • 02/17/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 7
  • Baths • 6
  • SQFT • 2,218

Home Details

Unlock the potential of this well-situated triplex in East Los Angeles, set on a generous 7,456 sq ft lot zoned RD1.5. This income-generating property features three separate, tenant-occupied units, each with its own utility meters for gas, water, and power, paid by tenants. The front unit offers 3 bedrooms, 2 baths, and central AC. The middle unit is a comfortable 2 bedroom, 2 bath setup, and versatile third room that can be used as an additional bedroom or office space. While the rear unit includes 2 bedroom and 2 bath. Located conveniently close to Cal State Los Angeles and USC Hospital. This property also holds potential for further development. Buyers are encouraged to verify zoning details and explore opportunities for building additional units. Don't miss out on this excellent investment opportunity in a thriving area with strong rental demand!
Presented By: Aleen Der Artinian with Compass;

Interior Features for 1572 Ricardo Street

Bedrooms

Total Bedrooms7

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories

General for 1572 Ricardo Street

Additional Parcels Y/NNo
AppliancesDishwasher, Dryer, Washer
Attached Garage No
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsNorth of Alcazar Street
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income57540.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne, MultiSplit
Lot Size Square Feet7497.0
Lot Size UnitsSquareFeet
MLS AreaBOYH - Boyle Heights
MobileHomeRemainsYNNo
Net Operating Income49558.04
New ConstructionNo
Number Of Units Total3
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tenant PaysElectricity, Gas, TrashCollection, Water
ViewNone
Waterfront Y/NNo
Year Built1922
ZoningLARD1.5

Exterior for 1572 Ricardo Street

Building Area Total2218.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1721
Lot Size Area7497.0
Number of Buildings3
Open Parking Y/NNo
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking0.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $899,000
MLS#25499413
List Date 02/17/2025
Property Type Multi-Family
Phone 714.742.6515
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