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1836 Sichel Street

Los Angeles (City), CA 90031
  • $16,000,000
  • STATUS: Active
  • ON SITE: 217 Days
  • MLS #: AR24170222
UPDATED: 119 min ago
$16,000,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2018
County:

School Ratings & Info

Listing Agent(s): Wenjia Li of Pinnacle Real Estate Group (626-888-9808)


Description

Discover an exceptional investment opportunity in the heart of Los Angeles! This modern 27-units apartment complex is ideally offering unparalleled convenience and accessibility. The property boasts a contemporary design with high-quality finishes, catering to the needs of todays discerning tenants.This fully-leased complex ensures immediate and stable cash flow. Each unit is thoughtfully designed to maximize space and comfort, making it a sought-after residence for professionals and students alike.Dont miss out on this turnkey investment in one of LAs most vibrant and growing neighborhoods!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/153764626
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1836 Sichel Street Los Angeles (City), CA 90031

  • Price: $16,000,000
  • Status: Active
  • On Site: 217 Days
  • Updated: 119 min ago
  • MLS #: AR24170222
0
Beds
0
Baths
0
½ Baths
0.36
Acres
2018
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
Discover an exceptional investment opportunity in the heart of Los Angeles! This modern 27-units apartment complex is ideally offering unparalleled convenience and accessibility. The property boasts a contemporary design with high-quality finishes, catering to the needs of todays discerning tenants.This fully-leased complex ensures immediate and stable cash flow. Each unit is thoughtfully designed to maximize space and comfort, making it a sought-after residence for professionals and students alike.Dont miss out on this turnkey investment in one of LAs most vibrant and growing neighborhoods!
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 27 Parking Features ConcreteElectric Vehicle Charging Station(s)Community Structure Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.3 Common Interest Community Apartment Community Features Street Lights Electric Expense 13752 Fuel Expense 10433 Garage YN No Gross Income 776203 Gross Scheduled Income 776203 Insurance Expense 10000 Land Lease YN No Laundry Features Laundry Room Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New Loan1031 Exchange Net Operating Income 596089 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 27 Operating Expense 180114 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 12323 Water Sewer Expense 18946 Water Source Public Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Wenjia Li of Pinnacle Real Estate Group (626-888-9808)