$1,199,000 Price Analysis   ♡   Los Angeles, CA 90026 4 bed 2 bath 1,737 SqFt ($690/SqFt) 4,991SqFt lot. Built 1921 Listed 2024-06-11, Taxes $6,152 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Nestled between the vibrant Echo Park and Silver Lake neighborhoods with views of the scenic Los Angeles topography
* Sale Pending *This rare VACANT duplex stands as a beacon of opportunity for investors and owner-users. The front unit offers two bedrooms, one bath and an additional versatile room (perfect for an office, art room or study), electric fire place for those wine nights, central heat/air complemented by a sizeable eat-in kitchen and inviting outdoor patios. The rear unit features a two-bedroom, one-bath arrangement with an ample bonus loft space (256 sq feet), perfect for customization into an additional bedroom, office, art room or playroom. Both units are poised for modernization, with the promise of high rental yields. Reflecting the superior upgrades, this property incorporates high-end materials and modern attributes. The intuitive open floor plan effortlessly connects living, dining and kitchen spaces, a sumptuous European-styled kitchen. This culinary haven is outfitted with quartz countertops, custom backsplash, new cabinets with designer fixtures and stai nless steel appliances.The bathrooms are transformed into chic retreats, featuring custom wood tile surrounds, LED lighting and modern fixtures, with the a luxurious shower/bath.
Natural light floods the primary bedroom and the guest rooms both boast generous closet space. The property has been upgraded meticulously, including new luxury vinyl plank floors, new 200 AMP electrical panel (split meters), double pane windows and a host of new installations, ensuring comfort and style. The outdoor space offers a low-maintenance yard that includes orange, avocado, pomegranate and guava trees. Perfect for entertaining and relaxatin and the lot itself holds immense potential for adding an ADU or further development, leveraging the build-able lot to its full earning potential. This investment property, delivered fully VACANT, invites you to seize a unique Los Angeles real estate opportunity. With its prime location and inherent charm, it is perfectly suited for those ready to craft a dream home while enjoying the benefits of supplemental income. Perfect to owner occupy and earn or for the savvy investors portfolio (LARD3 zoned). Close to all of the restaurants, around the corner from Mohawk Bend, The Echoplex, Sunset Junction all of the coolest shops on Sunset Blvd., Echo Park and Silver Lake.
Presented by Rosa A. Garcia at
Delta Global Enterprises, Inc.
Property MLS #24-402581 from TheMLSCLAW
Full Bathrooms: 2
Bathroom 1 Features: Remodeled
Flooring: Mixed
Window Features: Double Pane Windows
Laundry Facilities: In Unit
Laundry Features: In Unit
Kitchen Features: Remodeled
Patio Features: Porch - Front
Lot Size Acres: 0.1145776
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4991
Parking Total: 2
Other Equipment: Range/Oven, Dishwasher
Security Features: Gated
Calculated Total Monthly Association Fees: 0
Number of Units: 2
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 3995, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 4220
Source Listing Status: Pending
County: Los Angeles
Directions: Off of Alvarado and Santa Ynez
Source Property Type: Residential Income
Exclusions: Staging furniture and alarm
Inclusions: All existing applinaces
Area: Silver Lake - Echo Park
Source Neighborhood: Silver Lake - Echo Park
Parcel Number: 5402-037-029
Postal Code Plus 4: 3121
Zoning: LARD3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $124,575 + $379,394 $503,969 | $6,152 |
| 2021 | $122,133 + $371,955 $494,088 | $6,076 |
| 2020 | $120,881 + $368,142 $489,023 | $6,136 |
| 2019 | $118,511 + $360,924 $479,435 | $5,897 |
| 2018 | $116,188 + $353,848 $470,036 | $5,816 |
| 2017 | $113,910 + $346,910 $460,820 | $5,688 |
| 2016 | $111,677 + $340,108 $451,785 | $5,557 |
| 2015 | $110,000 + $335,000 $445,000 | $5,477 |
| 2014 | $23,445 + $153,665 $177,110 | $2,346 |
| 2013 | $23,340 + $152,971 $176,311 | $2,347 |
| 2012 | $22,883 + $149,972 $172,855 | $2,378 |
| 2010 | $22,435 + $147,032 $169,467 | $2,340 |
| 2009 | $22,321 + $146,281 $168,602 | $2,259 |
| 2009 | $22,268 + $145,934 $168,202 | $2,259 |
| 2008 | $21,884 + $143,413 $165,297 | $2,168 |
| 2007 | $21,455 + $140,601 $162,056 | $2,096 |
$1,199,000
TheMLSCLAW
Listing removed 2024-05-29
$0
TheMLSCLAW
Listed 2024-04-30
$1,265,000
TheMLSCLAW
Listing removed 2023-12-07
$0
TheMLSCLAW
Listed 2023-11-08
$1,195,000
TheMLSCLAW
Sold 2023-05-19
$825,000
TheMLSCLAW
Sold 2014-07-17
$445,000
Public Record
Sold 1984-10-12
$85,000
Public Record
Year Built: 1921
Building Exterior Type: Stucco
Common Walls: Detached/No Common Walls
Levels: One Level
Property Age: 103
Property Condition: Updated/Remodeled
House Style: California Bungalow
Year Built Source: Vendor Enhanced
Architectural Style: California Bungalow
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.