1572 Ricardo St, Los Angeles, CA 90033 - View 1
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1572 Ricardo St, Los Angeles, CA 90033 - View 5
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1572 Ricardo St, Los Angeles, CA 90033

List Price: $899,000On Market FlagOn market
Feb 17, 20252,218 sqft7 beds6 baths
Listed by: Aleen Der Artinian
License #: 02035673
Phone #: 310-487-0217
Compass
Source:
CRMLS Logo
MLS #: 25499413

Property Description

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!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,865

TurboHome Estimated Value

$945,000

$426 sqft

High Valuation
$992,250
$447/sqft
Normal Valuation
$945,000
$426/sqft
Low Valuation
$897,750
$405/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$426/sqft$945,000

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