Property listed by Redpoint Realty, Arthur Yoon 213-380-1500
$650,000
Attention developer, the opportunity of a lifetime. Tucked in the pocket of a million-dollar neighborhood of Angelino Heights, adjacent to Silver Lake and Echo Park, this property offers a rare opportunity to secure a foothold in one of Los Angeles' most historic and in-demand neighborhoods. Whether you're an investor or… Read More flipper looking to capitalize on strong appreciation and proven comps, or an end-user seeking instant equity upon upgrade in a character-rich pocket of the city, this property delivers exceptional upside. Located within the Angelino Heights Historic Preservation Overlay Zone (HPOZ), the surrounding streets are lined with beautifully restored Victorian and Craftsman homes, including the iconic Queen Anne and Eastlake Victorians of nearby Carroll Avenue, a streetscape recognized by City Planning as one of the city's most architecturally significant. This gives a clear blueprint for what this property could become with the right vision. Just moments from Downtown, Echo Park, Silver Lake, Sunset Junction for LA's best coffee shops, restaurants, and nightlife, and within walking distance of Dodger Stadium. This is a rare chance to add value in a neighborhood where demand and prices continue to appreciate. Bring your vision and make this gem your own. This home is a duplex, one unit is delivered vacant. Please request a buyer due diligence materials. Read Less
Listing Snapshot
Days Online
16
Last Updated
Beds
3
3/4 Baths
2
Square Ft.
1,803
Lot Size
0.08 Acres
Year Built
1903
MLS Number
26854631
Additional Details
Building
Built in 1903, Living area: 1803.0, 1 building, Levels: MultiSplit
Cooling
None
Heating
WallFurnace
Income
Gross Income: $68,400, Net Operating Income: $46,444
Lot
0.0777 acres
Parking
None
Taxes
Parcel Number: 5405024001, Zoning: LARD2
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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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