A rare opportunity to acquire a secluded compound in the sought-after Echo Park neighborhood of Elysian Heights. This special property features four distinctive units across three charming Spanish bungalows, each offering hardwood floors, period kitchens and baths, views, original architectural details and private outdoor spaces. The crown jewel of the… Read More property is a stunning three-story townhouse, boasting 2 bedrooms, 2 bathrooms, and a private ground-level entrance - perfect for an owner-user or premium rental. All units have been thoughtfully renovated and well maintained, offering strong market rents with one unit delivered vacant at close of escrow. Explore the serene neighborhood and see why this area is in high demand with great options for food and drink at Lady Byrd Cafe, Canyon Coffee, Valerie Echo Park, Bacetti Trattoria, Tilda, Cookbook Market, Elysian Park hiking trails and local shops. Ideal for investors seeking a return approaching a 5% CAP or for your personal residence looking to offset mortgage costs with rental income. Please do not walk the property or disturb tenants. Read Less
Property listed by eXp Realty of California Inc, Iric Fishbein 888-584-9427
Listing Snapshot
Days Online
9
Last Updated
Property Type
Other
Beds
5
Square Ft.
2,874
Lot Size
0.12 Acres
Year Built
1924
MLS Number
25529975
30 Days Snapshot Of 90026
$1.75M
+13%
(avg) sold price
17
+13%
homes sold
65
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Dryer, Washer
Building
Built in 1924, Building area total: 2,874, Levels: MultiSplit, Living area: 2874, 3 buildings, Architectural style: Spanish
Community
Gated
Fireplaces
None
Floors
Wood
Heating
WallFurnace
Income
Gross income: $147,576, Net operating income: $104,663
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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