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$1,990,000
Est. payment /mo
11 Beds
5 Baths
3,858 SqFt
UPDATED:
10/21/2024 07:00 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,858 sqft
Price per Sqft $515
MLS Listing ID 24446921
Bedrooms 11
HOA Y/N No
Year Built 1923
Lot Size 5,201 Sqft
Property Description
Boardwalk Real Estate Inc. and Kidder Mathews are pleased to present 4 units along prime Echo Park Avenue for sale. The 4,012 SF property, spread across 5,242 SF of land, consists of two duplexes and is located at 1661 Echo Park Ave, Los Angeles, CA 90026. The fully occupied property lends itself to an investor looking for optimal cash flow with minimal maintenance. All four units are separately metered for gas and electricity. The front duplex, facing Echo Park Ave, was completely renovated in 2015 with recent improvements for insulation and sound transmission completed in 2024. The ground unit consists of three bedrooms and 2 bathrooms, and the upstairs unit is two bedrooms and one bathroom with its own separate entrance and balcony. The driveway is shared between both units. The rear duplex consists of two, three bedroom and one bathroom units.The property is situated next door to the popular Valerie Confections and only a short walk to trendy spots like Canyon Coffee and Bacetti. It is .5 miles from Sunset Blvd and provides easy access to 101 and 110 freeways, allowing seamless connectivity to all of Los Angeles including downtown Los Angeles, Dodger Stadium, and Chinatown. This property offers the perfect blend of urban convenience and neighborhood charm.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD1.5
Interior
Heating Central
Fireplace No
Appliance Dishwasher, Refrigerator
Laundry Stacked
Exterior
Garage Assigned, Driveway
Community Features Gated
Building
Story 2
Entry Level Two,Multi/Split
Architectural Style Colonial
Level or Stories Two, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5419008002
Security Features Gated Community
Special Listing Condition Standard
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Listed by Tai Kagehiro • Boardwalk Real Estate, Inc.