1607 West 54th Street Los Angeles, CA ^$ 1,595,000

1607 West 54th Street

^$ 1,595,000

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1607 West 54th Street

Los Angeles, CA, 90062

^$ 1,595,000

Studio Baths0.0

Monthly Estimate*

^$ 11,142

1607 West 54th Street, Los Angeles, CA 90062 - Image 1

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1607 West 54th Street, Los Angeles, CA 90062 - Image 5

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1607 West 54th Street, Los Angeles, CA 90062 - Image 7

1607 West 54th Street, Los Angeles, CA 90062 - Image 8

1607 West 54th Street, Los Angeles, CA 90062 - Image 9

1607 West 54th Street, Los Angeles, CA 90062 - Image 10

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Studio

Commercial Property for sale in Los Angeles, CA

for $1,595,000. This building was built in 1921 on a lot size of 0.160698.

30% leased at $2.25 per Sq.Ft. For sale or lease prime manufacturing/warehouse building near Downtown LA. This renovated gem features 7,000 Sq. Ft. with flexible divisions: Two 2,000 Sq. Ft. units (can be combined for a total of 4,000 Sq.Ft.) perfect for a multitude of retail or indoor shopping (swap meet) type uses and one 1,000 Sq. Ft. unit perfect for retail store, or other commercial or office type uses. Signalized intersection corner lot. Impressive 21' Bow Truss ceilings and 13.5' clearance. Equipped with 200 AMP power service. 2 roll-up doors for convenient access. Newly redone roof with a 5-Year Warranty. Frontage on W. 54th Street and Denker Avenue. Strategically located just one block east of Western Avenue and one block west of Normandie Avenue, minutes from Downtown LA, and 1.6 miles west of the 110 Freeway. Zoned LAC1 and in a TOC Tier 2 Zone, potential for building 28 units using TOC or pursuing 100% affordable projects.

Commercial Active

Price

^$ 1,595,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.160698

Year Built

1921

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024343395

Features

General

Zoning LAC1

Year Built 1921

County Los Angeles

Property Type F

Status Active

City Los Angeles

MLS Area C34 - Los Angeles SW

Lot Size Square Feet 0.0

Street Name 54th

Standard Status Active

Exterior

Lot Features Corner Lot

Lot Size Area 6969.0

Lot Dimensions 140x50

Lot Size Acres 0.0

Land Lease Type Fee

Interior

Total Stories 1

Street Suffix Street

Total Baths 0

* Excluded Features

List By

Oron Maher

Listing Agent

Maher Commercial Realty

Broker

Affordability Calculator

$11,142

Per Month

Monthly Principal & Interest: $11,142
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,246,402

Percent of Sale Price 41%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/25/2024	$1,595,000	-5.90%	Price Down
3/6/2024	$1,695,000	-5.57%	Price Down
2/21/2024	$1,795,000	-5.28%	Price Down
2/13/2024	$1,895,000	-5.20%	Price Down
1/30/2024	$1,999,000	-13.09%	Price Down
1/9/2024	$2,300,000		Listed Price

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1607 West 54th Street, Los Angeles, CA, 90062 is a Commercial Property for sale at $1,595,000 with a lot size of 0.160698. 1607 West 54th Street is a studio with 0.0 baths and was built in 1921. 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 7.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/15/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1607 West 54th Street

Commercial Property for sale in Los Angeles, CA

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