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Image 1 - 1572 Ricardo St, Los Angeles, California, 90033 - House for sale
Image 2 - 1572 Ricardo St, Los Angeles, California, 90033 - House for sale
Image 3 - 1572 Ricardo St, Los Angeles, California, 90033 - House for sale
Image 4 - 1572 Ricardo St, Los Angeles, California, 90033 - House for sale
Image 5 - 1572 Ricardo St, Los Angeles, California, 90033 - House for sale
Ricardo St, Los Angeles, Home For Sale
1572 Ricardo St, Los Angeles, California, 90033

Ricardo St, Los Angeles, Home For Sale

house for sale
Listed: 08/19/24

1572 Ricardo St, Los Angeles, California, 90033

7 Bed:
6 Bath:
2,218 Sq Ft Living Area:
Save
Price
$ 959,000

About This House

Unlock the potential of this well-situated triplex in East Los Angeles, set on a generous7, 456sq ft lot zonedRD1.5.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!

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Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.