$1,230,000
$1,199,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,737 SqFt
SOLD DATE : 07/18/2024
Key Details
Sold Price $1,230,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,737 sqft
Price per Sqft $708
MLS Listing ID 24402581
Sold Date 07/18/24
Bedrooms 4
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1921
Lot Size 4,991 Sqft
Property Description
Nestled between the vibrant Echo Park and Silver Lake neighborhoods with views of the scenic Los Angeles topography, this rare VACANT duplex stands as a beacon of opportunity for investors and owner-users. The front unit offers two bedrooms, one bath, and an additional versatile room (perfect for an office, art room, or study), electric fire place for those wine nights, central heat/air complemented by a spacious eat-in kitchen, and inviting outdoor patios. The rear unit features a two-bedroom, one-bath arrangement with an ample bonus loft space (256 sq feet), perfect for customization into an additional bedroom, office, art room or playroom. Both units are poised for modernization, with the promise of high rental yields. Reflecting the superior upgrades, this property incorporates high-end materials and modern attributes. The intuitive open floor plan effortlessly connects living, dining, and kitchen spaces, a sumptuous European-styled kitchen. This culinary haven is outfitted with quartz countertops, custom backsplash, new cabinets with designer fixtures, and stainless steel appliances.The bathrooms are transformed into chic retreats, featuring custom "wood" tile surrounds, LED lighting, and modern fixtures, with the a luxurious shower/bath. Natural light floods the primary bedroom and the guest rooms both boast generous closet space. The property has been upgraded meticulously, including new luxury vinyl plank floors, new 200 AMP electrical panel (split meters), double pane windows, and a host of new installations, ensuring comfort and style. The outdoor space offers a low-maintenance yard that includes orange, avocado, pomegranate, & guava trees. Perfect for entertaining and relaxation, and the lot itself holds immense potential for adding an ADU or further development, leveraging the build-able lot to its full earning potential. This investment property, delivered fully VACANT, invites you to seize a unique Los Angeles real estate opportunity. With its prime location and inherent charm, it is perfectly suited for those ready to craft a dream home while enjoying the benefits of supplemental income. Perfect to owner occupy and earn or for the savvy investors portfolio (LARD3 zoned). Close to all of the restaurants, around the corner from Mohawk Bend, The Echoplex, Sunset Junction all of the coolest shops on Sunset Blvd., Echo Park & Silver Lake.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD3
Interior
Interior Features Loft
Fireplaces Type Electric
Fireplace Yes
Appliance Dishwasher, Range
Exterior
Garage Driveway
Pool None
Community Features Gated
View Y/N Yes
View City Lights
Porch Front Porch
Parking Type Driveway
Total Parking Spaces 2
Private Pool No
Building
Entry Level One
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5402037029
Security Features Gated Community
Special Listing Condition Standard
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