1445 Calumet Avenue, Los Angeles CA, 90026

Active

1445 Calumet Avenue

Los Angeles CA, 90026

$2,100,000

$667.94 per sqft

Active

7 Beds

7 Baths

3,144 sqft

Residential

Built in 1922

Listed by Emily Johnson with Sotheby's International Realty 323-314-8908

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.

24433023

MLSⓇ ID

September 9, 2024

Listed

October 17, 2024

Updated

Map

1445 Calumet Avenue
Los Angeles CA, 90026

Interior Features

Total Stories: 1
Bedrooms: 7
Total Bathrooms: 7
Interior Features: Ceiling Fan(s), Cathedral Ceiling(s)
Appliances: Dishwasher, Refrigerator
Floor Description: Wood
Fireplace: No
Cooling: No
Cooling Description: None
Heating: Yes
Heating Description: Forced Air

Exterior/Building Features

Lot Size: 0.15 Acres
Architectual Style: Bungalow

Other Property Details

Area Name: C21 - Silver Lake - Echo Park
Days on Market: 8
Garage: No
Parking: None
Parking Total: 0
View: No
County: Los Angeles
Pool: No
Pool Features: Fenced
Zoning: LAR2

Listing Contact: 323-665-1700

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/17/2024 at 1:18 PM UTC