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