$1,010,000
$1,250,000
19.2%For more information regarding the value of a property, please contact us for a free consultation.
5,758 Sqft Lot
SOLD DATE : 08/30/2022
Key Details
Sold Price $1,010,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-10461
Sold Date 08/30/22
Construction Status Fixer
HOA Y/N No
Year Built 1906
Lot Size 5,758 Sqft
Property Description
Location! Location! Location! This duplex (2beds, 1 bath per unit) is located in Angelino Heights which is historically the 2nd oldest district in Los Angeles. The neighborhood contains notable homes of Victorian, Craftsman, Art Deco and Colonial Revival Architecture. Angelino Heights is in a (HPOZ) Historic Preservation Overlay Zone which was developed to maintain the aesthetic and architectural integrity of a home's original design. People who reside in the area appreciate living amongst Los Angeles history and enjoy the convenience of being close to Downtown LA, Silver Lake, Hollywood, Highland Park and the 101, 110, 5 and 2 freeways. Restaurants, artisanal coffee shops, boutiques, dog parks, indie music venues, entertainment are nearby. Elysian Park is blocks away. The property has an 88 (very walkable) walk score on walkscore.com. It's in need of some work to restore it back to its original design. Property has 2,728 square feet of livable space. Large back yard for outdoor relaxation and fun. There is access to the backyard from Douglas Street. A RentSpree Rental Analysis gives a 2 bedroom unit (in this area) an estimate of $3,400+ rent/month. Both 2 bedroom units will be vacant at close of escrow. Come take a look at this dwelling and bring your creative talents to see how you would rehabilitate this potential beauty.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Building/Complex Name Elysian Park
Zoning lar2
Interior
Heating None
Cooling None
Flooring Carpet, Tile, Wood
Fireplaces Type Living Room
Fireplace Yes
Laundry Washer Hookup, Inside, Laundry Room
Exterior
Garage Off Street, Unpaved
Fence None
Pool None
Community Features Curbs
View Y/N No
View None
Parking Type Off Street, Unpaved
Private Pool No
Building
Lot Description Sprinklers None
Story Two
Entry Level Two
Foundation Raised
Architectural Style Traditional
Level or Stories Two
Construction Status Fixer
Others
Senior Community No
Tax ID 5405009004
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Trust
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Bought with Mark Reavis • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "