1445 Calumet Avenue , Los Angeles, CA 90026
Los Angeles, CA 90026
Description
This private, charming, turnkey investment, with current cap rate of 5.6% and annual NOI over $118,000/yr. could be yours. Sheltered behind a tall privacy hedge in the Angelino Heights HPOZ, sits 7 individual, well-maintained Craftsman single family bungalows, each with their own private patios and outdoor space. These units were fully renovated with permits in 2003 and converted into open concept studios; with vaulted ceilings, exposed beams and wood floors and windows. Because of its location in prime Echo Park, and its proximity to high-end amenities (newly renovated Echo Park lake, Lassen's, and multiple bars and restaurants), these units rent quickly. Well-maintained but with upside potential if you add laundry to each unit. Permit history, general and sewer inspections, and rent rolls available for viewing. Recent termite clearance provided. Motivated seller.
Details
| Mls | 24433023 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1922 |
| Days On Site | 96 |
| Listing Provided By | Sotheby's International Realty 323-665-1700 | Emily Johnson |
Features
| Beds | 7 |
|---|---|
| Baths | 7 |
| Sq Feet | 3,144 |
| Pool | Yes |
| Storys | 1 |
| Units | 7 |
| Buildings | 7 |
| Zoning | LAR2 |
| Acreage | 0.15 |
Market Activity 90026
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Community Name | Angelino Heights |
| Listing VS Median (in Angelino Heights) | |
Price: $2,100,000 low | high Med: $2,100,000 SqFt: 3,144 low | high Med: 3,144 $ / SqFt: $668 low | high Med: $668 On Site: 96 low | high Med: 96.000000 | |
