$1,465,000
$1,495,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
5 Baths
2,565 SqFt
SOLD DATE : 03/06/2024
Key Details
Sold Price $1,465,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,565 sqft
Price per Sqft $571
MLS Listing ID 23293591
Sold Date 03/06/24
Bedrooms 4
HOA Y/N No
Year Built 1912
Lot Size 6,019 Sqft
Property Description
Fantastic New Price for this Lovely Dutch Colonial fourplex nestled in the heart of Prime Echo Park amidst a vibrant community. Front facing, 2 Bedroom, 2 Bath Owner's unit vacant and perfect for owner/user. Wonderfully situated in a peaceful, verdant valley just moments away to local shops and restaurants like Valerie, Lady Byrd Cafe, Baceti and so much more. This fantastic property offers a terrific blend of modern updates and timeless appeal as well as being an ideal owner/user setup. Live in one and collect rent from the 3 other units. Echo Park Avenue has been owned by same owner for almost 20 years and has been well maintained and upgraded. The property consists of a lovely two story duplex in front, each with 2BR's, and a charming rear duplex, two side-by-side studios, providing flexibility and privacy for both owners and tenants. One of the studios is currently being utilized as an Airbnb, presenting an excellent opportunity for additional income. You'll be delighted by the mature trees that envelop the property and communal areas, creating a tranquil oasis in the heart of the city. Looking towards the future, this property presents a compelling investment opportunity and considerable upside potential. Echo Park's popularity continues to rise and the demand for quality living spaces in this coveted area is ever-growing, making this fourplex an excellent long-term asset. Don't miss your chance to own a piece of Echo Park's vibrant lifestyle. Embrace the charm, convenience, and income potential offered by this character fourplex.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAR2
Rooms
Other Rooms Shed(s)
Interior
Heating Wall Furnace
Flooring Carpet, Wood
Fireplace No
Appliance Dishwasher, Refrigerator, Dryer, Washer
Laundry Inside
Exterior
Garage One Space, Uncovered
Community Features Gated
View Y/N Yes
View Hills
Parking Type One Space, Uncovered
Total Parking Spaces 2
Building
Story 2
Entry Level Multi/Split
Sewer Other
Level or Stories Multi/Split
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 5420020002
Security Features Gated Community
Special Listing Condition Standard
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Bought with Janet Lewis • Crosby Doe Associates, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "