1506 Scott Avenue
Los Angeles
90026
$1,695,000
Residential Income
beds: 6
baths: 6.0
built: 1922
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 23312441
- Bedrooms:
- 6
- Bathrooms:
- 6
- Year Built:
- 1922
- Photos (46)
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OFFERS DUE MONDAY, OCTOBER 2, 2023 BY 1:00 PM. Attractive finance options with seller 1st Trust Deed carryback offers Ideal opportunity for owner occupancy. Charming, extensively renovated and nicely landscaped 6-unit property comprised of 3 individual duplexes in the prime hills of Echo Park above Sunset Blvd between Echo Park Blvd and Elysian Park. Each one bedroom/one bathroom unit has been uniquely renovated, 5 of 6 having dedicated private yard space. A short distance to everything Echo Park has to offer, including the Friday farmer's market, Lassen's, Cookbook, Canyon Coffee, Bacetti Trattoria and the Elysian Park trails. Convenient to Echo Park Lake, Dodger Stadium and endless dining/nightlife options, close to major freeways and downtown, and so much more. Property improvements include upgraded electric/gas meters, on-site laundry room, copper plumbing, newer roofs, and upgraded sewer line. The property is under the City of Los Angeles Rent Stabilization Ordinance. PLEASE DO NOT DISTURB ANY OF THE TENANTS. DO NOT LOOK THROUGH THE WINDOWS OF THE UNITS OR THROUGH THE HEDGES. OFFERS WILL NOT BE CONSIDERED FROM ANYONE DISTURBING ANY OF THE TENANTS.
- Total Floor Area:
- 2,652 sq. ft.
- Lot Area:
- 7,021 sq. ft.
- Bedrooms:
- 6
- Full Bathrooms:
- 0
- Three Quarter Bathrooms:
- 0
- Half Bathrooms:
- 0
- One Quarter Bathrooms:
- 0
- Bathrooms:
- 6.0 (Full:0, Half:0)
- Year built:
- 1922 (Age: 101)
- General Listing Location:
- Los Angeles, C21 - Silver Lake - Echo Park
- County Or Parish:
- Los Angeles
- Gross Income:
- $114,996
- Net Operating Income:
- $78,058
- Cap Rate %:
- 4.6
- Rent Control:
- Yes
- Land Lease:
- No
- E of Echo Park Blvd., N of Sunset at Laveta Terrace
- Number of Buildings:
- 3
- Other Structures:
- Shed(s)
- # of Electric Meters:
- 6
- # of Gas Meters:
- 6
- Senior Community:
- No
- Laundry Features:
- Laundry Room
- Levels:
- One
- Num Stories:
- 1
- New Constr.:
- No
- # Units:
- 6
- Property Condition:
- Updated/Remodeled
- Heating:
- Wall Furnace
- Sewer:
- Sewer Tap Paid
- Total Parking Spaces:
- 0
- Parking Features:
- None
- Special Listing Conditions:
- Standard
- Parcel Number:
- 5419025020
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Listed by Keller Williams Larchmont
and Berkshire Hathaway HomeServices California Properties
Data was last updated October 3, 2023 at 12:40 AM (UTC)
- BILLY LONG
- 1 (310) 663-1177
- Contact by Email
Based on information from California Regional Multiple Listing Service, Inc. as of October 3, 2023 at 12:40 AM (UTC) 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.