Perfect starter property with permitted ADU for great cash flow. 1414 W. 54th Street is an amazing investment opportunity just south of USC and DTLA, with easy access to the 110 freeway. The fully gated property is comprised of 2 buildings, the main house is a 2 Bed/2Bath (owner occupied) with beautiful wood floors, granite countertops and refreshed bathrooms. Detached is a permitted ADU studio (currently bringing in $3,000-$3,500 per month) featuring a beautiful subway tile kitchen with butcher block countertops, subway tile bathroom with a clawfoot tub & shower combo, and a front grass area ideal for lounging. There is also a detached garage (3rd structure) with laundry room that can be turned into a Jr. ADU, if new owner wishes to add to the property.
Based on the average sale price from the Temecula, CA office
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Default based on a 30-year fixed rate of 6.49% 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.
Mortgage calculator provided courtesy of Inside Real Estate.
1414 W 54th Street Los Angeles, CA is a Single Family Home for sale at $690000 with 1300 sqft and a lot size of 0.094 Acres Acre(s). 1414 W 54th Street Los Angeles has 3 bedrooms, 3 baths and was built in 1941. The property's zip code is 90062 which is in Los Angeles, CA
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.