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700 Echo Park Ave

Los Angeles, CA 90026
  • $899,000
  • STATUS: Active Under Contract
  • ON SITE: 46 Days
  • MLS #: 21-108331
Under Contract
UPDATED: 132 min ago
$899,000
  • 2
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,168
    SQFT
  • $770
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Description

Two sister buildings directly across from Echo Park Lake! This hillside bungalow-style duplex offers direct lakefront views and direct access to Echo Park Lake plus walkability to Sunset Blvd's shops, cafes, and restaurants. The two structures on the property are 584 SF 2 (1Br + 1Ba) units both of which are tenant occupied. The units have been lightly updated and feature an in-unit washer/dryer. Each has its own office nooks, private patios, and small yards in the rear. There is no parking, but plenty of street parking, and access to the units is via a staircase. The property is located in the highly coveted Angelino Heights HPOZ. Excellent investment opportunity in Echo Park!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-23T23:42:24.28. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/123873949
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700 Echo Park Ave Los Angeles, CA 90026

  • Price: $899,000
  • Status: Active Under Contract
  • On Site: 46 Days
  • Updated: 132 min ago
  • MLS #: 21-108331
2
Beds
0
Baths
0
½ Baths
0.11
Acres
1,168
SQFT
$770
$/SQFT
1923
Built
Neighborhood:
Silver Lake - Echo Park
County:
Los Angeles
Area:
Silver Lake - Echo Park
Property Description
Two sister buildings directly across from Echo Park Lake! This hillside bungalow-style duplex offers direct lakefront views and direct access to Echo Park Lake plus walkability to Sunset Blvd's shops, cafes, and restaurants. The two structures on the property are 584 SF 2 (1Br + 1Ba) units both of which are tenant occupied. The units have been lightly updated and feature an in-unit washer/dryer. Each has its own office nooks, private patios, and small yards in the rear. There is no parking, but plenty of street parking, and access to the units is via a staircase. The property is located in the highly coveted Angelino Heights HPOZ. Excellent investment opportunity in Echo Park!
Exterior Features

Lot Size Area 4973 Other Structures None Parking Garage None Pool Description None Pool YN No Spa None Spa YN No Style Bungalow Total Parking 0 Water Frontage Lake

Interior Features

Baths Total 2.00 Common Walls Detached/No Common Walls Cooling Window Unit(S) Equipment None Heating Other Laundry In Unit

Property Features

Gross Income 44400 Gross Operating Income 44400 Like Units1 1 Like Units2 1 Net Operating Income 24543.00 Number Of Buildings 2 Number Of Units 2 Owner Pays Water Rent Control YN Yes Sale Type Standard Source Living Area Title Company Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityGasTrash Collection Total Annual Expense 17529 Type Of Units Single Year Built Source Vendor Enhanced Zoning Lard2

Listing provided courtesy of Dana Coronado DRE#01746702 of Keller Williams Realty Encino-Sherman Oa.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-23T23:42:24.28. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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