1445 Calumet Avenue, Los Angeles, CA 90026
-
Listed Price :
$2,100,000
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Beds :
7
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Baths :
7
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Property Size :
3,144 sqft
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Year Built :
1922
Property Description
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.
Interior Features
| Bedroom Information |
| Bedrooms |
7 |
| Bathroom Information |
| Bathrooms |
7 |
| Flooring Information |
| Material |
Wood |
| Interior Information |
| Features |
Ceiling Fan(s), Cathedral Ceiling(s) |
| Cooling Type |
None |
Listing Information
| Address |
1445 Calumet Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90026 |
| County |
Los Angeles |
| Listing Agent |
Emily Johnson DRE #01877330 |
| Courtesy Of |
Sotheby's International Realty |
| List Price |
$2,100,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
3,144 |
| Lot Size |
6,744 |
| Year Built |
1922 |
Listing information courtesy of: Emily Johnson, Sotheby's International Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 17th, 2024 at 12:10 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
