Property listed by Keller Williams Realty Los Feliz, Lori Harris 323-300-1000
$1,495,000
Located on the esteemed 1300 block of Carroll Avenue within the Angelino Heights HPOZ, this stately 1912 Victorian multifamily residence stands as a rare offering in one of Los Angeles' most architecturally significant enclaves. Angelino Heights holds the distinction of being the city's first designated HPOZ, and Carroll Avenue is… Read More internationally recognized for its concentration of preserved Victorian homes - so much so that the entire block was listed on the National Register of Historic Places in 1976. Spanning approximately 4,369 square feet, the property comprises four 1-bedroom, 1-bathroom units, all housed within a grand Victorian structure rich in period details. A gracious common interior area sets the tone, featuring elegant wainscoting, a beautifully crafted hardwood staircase with bespoke detailing, and a dramatic wood-coffered ceiling that speaks to the home's early 20th-century craftsmanship, providing entry to all units. Units 1 and 2 are located on the main level, and Units 3 and 4 are on the upper level. Each apartment features a living room, kitchen, bedroom, and bathroom. The upper right unit as an additional office space that could be a second bedroom. Current gross rents are approximately $7,600 per month, with strong upside potential, and projected market rents are estimated at approximately $11,400 per month. Each unit is separately metered for gas and electricity, while the housing provider covers water and trash. Additional amenities include a lower-level basement with coin-operated laundry, parking along the extended driveway, and a detached two-car garage. As a potential Mills Act property, ownership may benefit from significant property tax savings, further enhancing both long-term value and investment appeal. Angelino Heights is celebrated for its collection of Victorian-era architectural styles, many of which remain among the finest examples in the city. The location places this property just minutes from Echo Park, Silver Lake, and Downtown Los Angeles, with convenient access to major transit corridors and Sunset Boulevard. Nearby highlights include the Friday afternoon farmers market, local favorites like The Lonely Oyster and Quarter Sheets, evenings at Dodger Stadium, and the eclectic mix of shops, cafes, and nightlife that define the surrounding neighborhoods. Whether held as a long-term investment or reimagined as a future owner-user opportunity, this landmark Victorian on Carroll Avenue offers architectural pedigree, income potential, and a truly iconic Los Angeles setting. Read Less
Listing Snapshot
Days Online
8
Last Updated
Beds
4
Square Ft.
4,369
Lot Size
0.18 Acres
Year Built
1912
MLS Number
26643147
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator
Building
Built in 1912, Living area: 4369.0, 1 building, 2 stories, Levels: MultiSplit
Cooling
CentralAir
Disclosures
Historical, RentControl
Exterior Features
Patio/Porch Features: FrontPorch
Fireplaces
None
Heating
Central
Income
Gross Income: $91,325
Laundry
CommonArea
Lot
0.1775 acres
Parking
2 total parking spaces, Driveway
Property
CityLights, Mountains
Taxes
Parcel Number: 5405016024, Zoning: LAR2
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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