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House Los Angeles (United States)by sotheby's international realty - los feliz brokerage
House
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HouseLos Angeles (United States)
Price :
$1,450,000
bedrooms6 land427 m²

**6/2 OPEN HOUSE CANCELLED. Call LA for a private showing** Back on Market and priced to sell! One unit will be delivered vacant. Built in 1925 and situated in the heart of Angelino Heights HPOZ, this triplex delivers the rare combination of historic character and investment potential; three character filled 2-bedroom, 1-bathroom units- all with in-unit laundry, private outdoor spaces, hardwood floors, original built-ins, and west-facing views of the hills. Updates and upgrades include: roof, window, plumbing, and electrical upgrades, and newer appliances. The two leased units are currently below market at $3,700 and $3,400 per month. The top unit (delivered vacant) lives like its own house and has an estimated $4,000 rent per month for a combined current monthly income of $11,100. For the owner-user, the value proposition is equally strong: live in the top unit and let the bottom two help service the debt. Steps from Echo Park Lake and minutes from Sunset Boulevard, Angelino Heights HPOZ status ensures the neighborhood's character is protected for the long term. Full inspection reports and disclosures available with a counter offer. Property recently appraised at $1,625,000. The buyer completed every inspection and report, then had to cancel at no fault of the property. You inherit all the due diligence, none of the uncertainty, and a seller ready to move. Easy to show with 24-hour notice.
Advertiser reference : CD6ZQ7Le Figaro Properties reference : 100643131

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House Los Angeles (United States)

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Emily Johnson

sotheby's international realty - los feliz brokerage
1801 North Hillhurst Avenue90027 Los Angeles (United States) All the listings of this agency

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Do you have a property to sell?

By confirming this form, I agree to the General Usage Terms & Conditions of Figaro Properties.
The data entered into this form is required to allow our partner Sotheby’s International Realty to respond to your contact request by email/SMS concerning this real estate advertisement and, if necessary, to allow Figaro Classifieds and the companies belonging to its parent Group to provide you with the services to which you have subscribed, e.g. creating and managing your account, sending you similar real estate advertisements by email, proposing services and advice related to your real estate project.

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