$850,000
$849,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,000 SqFt
SOLD DATE : 03/26/2024
Key Details
Sold Price $850,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $850
MLS Listing ID 24351727
Sold Date 03/26/24
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1922
Lot Size 3,497 Sqft
Property Description
Back on market through no fault of the property. Rare it is these days that a property comes on the market in prime Echo Park for well under a million dollars, but here one is. The current owners have called this property home for 62 years, and now they are giving someone else the opportunity to do the same. Whether you are a family looking to start your home ownership experience, or an investor looking to bring this little gem into the 21st century, this home represents an amazing opportunity on several levels. First, our designer friends at "Resourceful Construction" have created a "proposed new floor plan" (click on the blue 'docs' link here on this listing) that gives guidance on how best to re-imagine the main house. Second, the 265 sq ft connected garage provides a very cool and very easy ADU opportunity for either an "in-law" suite or a rental unit for additional income. Additionally there is a 350 sq ft basement area that would be ideal for an artist or music studio, or storage. The main house is 2 bedrooms and 2 bathrooms (in addition to the third bathroom in the basement) and is 1000 sq ft. The property also has a driveway long enough to park 3 cars tandem. Location-wise it couldn't be better. You are a nice walk away from Sunset Blvd, as well as to 600 acre Elysian Park. And you are on a very tranquil, walkable street. You are also a short walk to all the great shops, bakeries and restaurants along Echo Park Avenue. Bottom line, this just may be the best real estate opportunity on the whole East Side. .
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD3
Interior
Heating Wall Furnace
Cooling None
Flooring Tile, Wood
Fireplaces Type Living Room
Furnishings Unfurnished
Fireplace Yes
Laundry Outside
Exterior
Garage Garage
Garage Spaces 1.0
Garage Description 1.0
Pool None
View Y/N Yes
View City Lights
Parking Type Garage
Total Parking Spaces 3
Private Pool No
Building
Entry Level Multi/Split
Architectural Style Bungalow
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5420023020
Special Listing Condition Standard
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Bought with Richard Diyommo • EXCELLENCE RE REAL ESTATE
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