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    1642 Echo Park Avenue

    Los Angeles (City), CA 90026
    • $1,950,000
    • STATUS: Active
    • ON SITE: 118 days
    • ID#: OC21111590
    UPDATED: 69 min ago
    $1,950,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1911
    County:

    School Ratings & Info

    Description

    This fully renovated four-unit opportunity is located in the highly desirable Echo Park neighborhood of Los Angeles. The centrally located neighborhood is a draw for its unique galleries, boutiques and dining experiences. Built in 1911, it is situated on a 5,687 square foot lot, with 3,003 square feet of total living space. All the units have been renovated with quartz countertops, new cabinets, stainless steel appliances, and vinyl plank floors. All windows have been replaced with dual pane windows.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-28T12:24:59.91. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
    www.searchwithcompass.com/homes/117783629
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    1642 Echo Park Avenue Los Angeles (City), CA 90026

    • Price: $1,950,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: OC21111590
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1911
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    This fully renovated four-unit opportunity is located in the highly desirable Echo Park neighborhood of Los Angeles. The centrally located neighborhood is a draw for its unique galleries, boutiques and dining experiences. Built in 1911, it is situated on a 5,687 square foot lot, with 3,003 square feet of total living space. All the units have been renovated with quartz countertops, new cabinets, stainless steel appliances, and vinyl plank floors. All windows have been replaced with dual pane windows.
    Exterior Features

    Lot Features Front Yard Number Of Separate Electric Meters 5 Open Parking Spaces 3 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Appliances DishwasherDisposalGas RangeMicrowave Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Flooring Vinyl Heating Wall Furnace Heating YN Yes Interior Features Stone Counters

    Property Features

    Additional Parcels YN No Common Interest None Community Features Urban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 115266 Gross Scheduled Income 117612 Insurance Expense 0 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan1031 Exchange Net Operating Income 82097 New Construction YN No New Taxes Expense 23865 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 33169 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Mike Marcu of Mike Marcu, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-28T12:24:59.91. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
     
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    Newport Beach CA, 92660