Charming two-on-a-lot duplex in the heart of Echo Park's Angelino Heights! These two detached homes offer a tremendous investment opportunity in one LA's most coveted neighborhoods. The back house is legally a 2BR/1BA but has a bonus room that could act as an office or 3rd bedroom. It has been remodeled with a beautiful kitchen. The front house is a 2BR/1BA unit is ready for a remodel and your creativity! The grounds includes a lovely outdoor space with mature avocado, lemon, and grapefruit trees. Both homes have individual washer/dryer hookups, and dedicated parking, with all utilities separately metered. This property represents a prime opportunity to enhance your real estate portfolio. Situated in a sought-after neighborhood with strong rental demand and located just moments from Echo Park Lake, many shops and restaurants on Sunset Blvd, Dodger Stadium, Downtown LA and much more.
Property Sub Type:
Duplex
Property Attached:
No
Lot Area:
6,662 sq. ft.619 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1949
(Age: 76)
General Listing Location:
Echo Park, C21 - Silver Lake - Echo Park
County Or Parish:
Los Angeles
Common Interest:
None
Gross Income:
$86,400
Gross Scheduled Income:
$86,400
Net Operating Income:
$63,208
Rent Control:
Yes
Association Fee:
$0
Land Lease:
No
Electric Expense:
$0
Fuel Expense:
$0
Gardener expense:
600.0
Insurance Expense:
$3,000
Maintenance Expense:
$2,067
Taxes expense:
15625.0
Operating Expense:
$23,192
Trash Expense:
$500
Water and Sewer Expense:
$1,400
Tax Lot:
46
North of Bellevue
Number of Buildings:
2
# of Electric Meters:
2
# of Gas Meters:
2
# of Water Meters:
1
Community Features:
Curbs
Senior Community:
No
Laundry Features:
Washer Hookup, Gas Dryer Hookup
Pool Features:
None
Private Pool:
No
Lot Features:
Front Yard, Lawn, Landscaped
Fireplace Features:
None
Num Stories:
1
Entry Level:
1
Entry Location:
Front
New Constr.:
No
Flooring:
Carpet, Wood
Common Walls:
No Common Walls
# Units:
2
Fireplace:
No
Utilities:
Natural Gas Connected, Sewer Connected, Water Connected