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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,450,000

Est. payment - /mo

6 Beds

3 Baths

2,636 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,636 sqft

Price per Sqft $550

MLS Listing ID 26672361

Bedrooms 6

HOA Y/N No

Year Built 1925

Lot Size 4,595 Sqft

Property Description

Back on Market and priced to sell! One unit will be delivered vacant. Built in 1925 and situated in the heart of Angelino Heights HPOZ, this triplex delivers the rare combination of historic character and investment potential; three character filled 2-bedroom, 1-bathroom units- all with in-unit laundry, private outdoor spaces, hardwood floors, original built-ins, and west-facing views of the hills. Updates and upgrades include: roof, window, plumbing, and electrical upgrades, and newer appliances. The two leased units are currently below market at $3,700 and $3,400 per month. The top unit (delivered vacant) lives like its own house and has an estimated $4,000 rent per month for a combined current monthly income of $11,100. For the owner-user, the value proposition is equally strong: live in the top unit and let the bottom two help service the debt. Steps from Echo Park Lake and minutes from Sunset Boulevard, Angelino Heights HPOZ status ensures the neighborhood's character is protected for the long term. Full inspection reports and disclosures available with a counter offer. Property recently appraised at $1,625,000. The buyer completed every inspection and report, then had to cancel at no fault of the property. You inherit all the due diligence, none of the uncertainty, and a seller ready to move. Easy to show with 24-hour notice.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LARD2

Interior

Heating Wall Furnace

Flooring Wood

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features On Street

View Y/N Yes

View City Lights, Hills

Building

Story 3

Entry Level Multi/Split

Architectural Style Victorian

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5405007013

Special Listing Condition Standard

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Listed by Emily Johnson Sotheby's International Realty #01877330

NEARBY SCHOOL & BUSINESS

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1120 W Edgeware RD Los Angeles, CA 90026