$1,360,000
$1,399,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,518 SqFt
SOLD DATE : 03/29/2023
Key Details
Sold Price $1,360,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,518 sqft
Price per Sqft $895
MLS Listing ID OC23013464
Sold Date 03/29/23
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1928
Lot Size 6,276 Sqft
Property Sub-Type Duplex
Property Description
Live in One and Rent the other! An incredible opportunity to acquire a fully vacant and newly remodeled duplex property in the Silverlake/Echo Park neighborhood of Los Angeles. The property is comprised of (2) side by side 2 bed/1 bath units that have been recently updated with new roof, new laminate flooring, new kitchen w/ stainless steel appliance, new bathroom, central air/heat, washer/dryer hookups in both, and much more with direct access to the backyard. It offers an owner occupier or investor tremendous flexibility to Live, Work, and Rent in a pride of ownership building in a high rental demand area of Echo Park. Built in 1928, this Spanish style property is approximately 1,518sf on an almost 6,294sf hillside lot with a detached garage that's been spilt into extra storage or usable space. There is potential to convert garage structure into ADU for additional income. The entire property will be delivered vacant for immediate occupancy, allowing for a new owner to move tenants in immediately at market rents ($3,800/mo). Prime Location in Echo Park & Silverlake, near Dodgers Stadium, Echo Park Lake, Sunset Blvd, Freeways, and DTLA.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAR1
Rooms
Main Level Bedrooms 4
Interior
Interior Features Quartz Counters, Recessed Lighting
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal, Gas Range, Microwave, Water Heater
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Driveway, Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, See Remarks, Water Available
View Y/N Yes
View City Lights, Hills
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre, Back Yard, Lawn, Landscaped
Story One
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories One
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5420004027
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash to New Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Nicholas Mauro • Realty Executives Com. & Res.