Property listed by Compass, Courtney Pickard 310-593-6999
$1,225,000
Three charming Craftsman bungalows in prime Echo Park including a lovely 2 bedroom, 1 bathroom bungalow with private wraparound yard delivered vacant! With projected gross rents totaling nearly $100,000 per year, this income generating property offers exceptional opportunity for investors looking for stable cash flow in a favorable neighborhood… Read More with strong rental appreciation. For a savvy buyer looking for a charming vintage home to call their own - enjoy substantial rental income of $4,304 per month to offset mortgage payments! Two 2 bedroom, 1 bathroom bungalows and a 1 bed, 1 bath cottage are situated privately within the 7,200+ sf lot, with their own dedicated yard spaces. The vacant 676sf bungalow has been updated with new split system, new flooring, and recently upgraded kitchen and bathroom. Through a hedged and gated entrance from the street, enter into the fenced yard spaces with mature trees and planter beds, making this feel like a true private residence. The setting on Avon St is prime Echo Park, a friendly neighborhood replete with lots of greenery and well-kept vintage architecture, walking distance to Valerie, Canyon Coffee, Cookbook Market, coveted Elysian Heights Elementary and the nearby trails of Elysian Park. Read Less
Listing Snapshot
Days Online
27
Last Updated
Beds
5
3/4 Baths
3
Square Ft.
1,892
Lot Size
0.17 Acres
Year Built
1926
MLS Number
26998783
Additional Details
Appliances & Equipment
Refrigerator, Dryer, Washer
Building
Built in 1926, Living area: 1892.0, 3 buildings, 1 storey, Levels: One
Cooling
WallWindowUnits
Disclosures
RentControl, SellerDisclosure
Heating
WallFurnace
Income
Gross Income: $96,052, Net Operating Income: $96,052
Interior Features
CeilingFans
Lot
0.1665 acres
Parking
3 total parking spaces, None
Taxes
Parcel Number: 5415007026, Zoning: LAR1
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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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