Echo Park, CA 90039,2146 Fargo ST
Echo Park, CA 90039,2146 Fargo ST
Echo Park, CA 90039,2146 Fargo ST
Echo Park, CA 90039,2146 Fargo ST
Echo Park, CA 90039,2146 Fargo ST
Echo Park, CA 90039,2146 Fargo ST
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$875,000

$899,999

2.8%
Est.Price: ?

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Est. payment /mo

1 Bed

1 Bath

608 SqFt


SOLD DATE : 11/15/2021

Key Details

Sold Price $875,000

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Sold

Purchase Type For Sale

Square Footage 608 sqft

Price per Sqft $1,439

MLS Listing ID SR21185568

Sold Date 11/15/21

Bedrooms 1

Full Baths 1

HOA Y/N No

Year Built 1922

Lot Size 7,466 Sqft

Property Description

Do you investors like shovel ready projects with plans that are ready to go? Then this is your project! The property is zoned LAR2. This project is a tear down with plans for two optional strategies. Plans for Option 1 include: A 2147 sq. ft. front home with 3 Bedrooms and 3 bathrooms, with a 162 square foot deck, and a 707 sq. ft garage; The plans for the second home on the lot are for a 2,172 sq.ft. home, with 3 bedrooms and 3 bathrooms in the rear, a 216 sq. ft. deck, a 720 square foot garage, and a 413 sq.ft. 1 bedroom and 1 bathroom ADU. Plans for Option 2. A 2,465 sq. ft. 4 bedroom home with 3 bathrooms, 148 sq. ft. covered patio, and a 531 sq. ft. garage. An ADU or secondary home could also be added in the rear. The architects have done a masterful job at utilizing space with great design! The play: Build and flip, or build and hold for a nice rental income on 2-3 units. You could also be an end user who wants to live in a unit and have the other units pay towards your mortgage. Many possibilities in this active area!! Please do your own due diligence and research new construction and rents for new construction. Plans will be shared with serious qualified buyers. Property to be purchased as-is. All utilities have been capped and turned off. Demolition is permitted and ready to go! Quote for demolition and removal is $33,500 with removal of the complete structure including: -structure -foundation -slab * Company will get the sewer line to pass inspection. -lot clean up and grading * Demolition Company will remove all trash and debris * Demolition Company will clean and grade all lot area - Demolition Company will remove all driveway asphalt and concrete. See supplements.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR2

Rooms

Main Level Bedrooms 1

Interior

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Pool None

Community Features Lake, Suburban

View Y/N Yes

View CityLights

Private Pool No

Building

Lot Description Item01UnitAcre

Story 1

Entry Level One

Sewer PublicSewer

Water Public

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5422020009

Acceptable Financing Cash, CashtoNewLoan, Conventional

Listing Terms Cash, CashtoNewLoan, Conventional

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Ronald Aaron • Beverly and Company, Inc.
Bought with Seth Hamilton • Citivest Realty Services, Inc
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