Skip To Content
    Return to Previous Page

    1140 Echo Park Avenue

    Echo Park, CA 90026
    • $2,195,000
    • STATUS: Active
    • ON SITE: 68 days
    • ID#: SR20147897
    UPDATED: 28 min ago
    $2,195,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,874
      SQFT
    • $567
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1988
    County:

    School Ratings & Info

    Description

    2 Buildings on 1 Lot! A True Pride Of Ownership, this 3-Unit apartment complex located in the heart of one of the city's most desirable locations, Echo Park. Built in 1988, the subject property consists of 2 separate buildings with possibilities to have 2 lots, with the property going street-to-street. Front building at 1140 Echo Park Avenue is an excellent owners unit that features a dynamic 2 Story four-bedroom/three-bath with den. Den can be used as a fifth bedroom. There is an attached 3 car garage. The back building features a lovely duplex at 1077 and 1079 Laguna Avenue. Each unit in the duplex consists of three bedrooms and two bathrooms with an attached 3 car garage. Amenities include central air, and heating, recessed lighting, hardwood floors, granite counter tops, dishwashers, individual hot water heaters, laundry facility, gated, secured with ample parking. This property has a building square feet of approximately 3,874 and sits on a lot of approximately 7,519 square feet of land. Turnkey property, perfect for owner/user, investor. Property is to be sold in its "AS IS" condition. Drive By Only. Call Listing Agent for details. Echo Park and its immediate surroundings have improved immensely over the past 10 years by virtue of over $32 billion dollars spent on new developments since 1999. There is another $2.5 billion in new projects currently in development that will continue the transformation of Downtown Los Angeles and its surrounding areas.

    Monthly Payment Calculator



    Based on information from CRISNet MLS as of 2020-10-01T14:56:17.223. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-10-01T14:56:17.223. 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.
    www.randyplaice.com/homes/108224601
    Print Image

    1140 Echo Park Avenue Echo Park, CA 90026

    • Price: $2,195,000
    • Status: Active
    • Updated: 28 min ago
    • ID#: SR20147897
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,874
    SQFT
    $567
    $/SQFT
    1988
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    2 Buildings on 1 Lot! A True Pride Of Ownership, this 3-Unit apartment complex located in the heart of one of the city's most desirable locations, Echo Park. Built in 1988, the subject property consists of 2 separate buildings with possibilities to have 2 lots, with the property going street-to-street. Front building at 1140 Echo Park Avenue is an excellent owners unit that features a dynamic 2 Story four-bedroom/three-bath with den. Den can be used as a fifth bedroom. There is an attached 3 car garage. The back building features a lovely duplex at 1077 and 1079 Laguna Avenue. Each unit in the duplex consists of three bedrooms and two bathrooms with an attached 3 car garage. Amenities include central air, and heating, recessed lighting, hardwood floors, granite counter tops, dishwashers, individual hot water heaters, laundry facility, gated, secured with ample parking. This property has a building square feet of approximately 3,874 and sits on a lot of approximately 7,519 square feet of land. Turnkey property, perfect for owner/user, investor. Property is to be sold in its "AS IS" condition. Drive By Only. Call Listing Agent for details. Echo Park and its immediate surroundings have improved immensely over the past 10 years by virtue of over $32 billion dollars spent on new developments since 1999. There is another $2.5 billion in new projects currently in development that will continue the transformation of Downtown Los Angeles and its surrounding areas.
    Exterior Features

    Levels One Lot Features 0-1 Unit/Acre Lot Size Area 7520.0000 Parking Total 6.00

    Interior Features

    Common Walls No Common Walls Heating Central Heating YN Yes Laundry Features Common Area Laundry YN Yes

    Property Features

    Additional Parcels YN No Community Features CurbsStreet Lights Electric Expense 0.00 Fuel Expense 0.00 Gross Income 148800.00 Gross Multiplier 14.75 Gross Scheduled Income 148800.00 Insurance Expense 0.00 Land Lease YN No Net Operating Income 104160.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 2 Operating Expense 44660.00 Pool Features None Pool Private YN No Property Attached YN No Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 48384.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Zoning Lard2

    Listing provided courtesy of Michael Tootikian, CA DRE# 00802699, of Keller Williams Encino-Sherman Oaks.


    Based on information from CRISNet MLS as of 2020-10-01T14:56:17.223. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-10-01T14:56:17.223. 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.
     
    https://bt-photos.global.ssl.fastly.net/crisnet/orig_boomver_1_364607234-1.jpg https://bt-photos.global.ssl.fastly.net/crisnet/orig_boomver_1_364607234-1.jpg https://bt-photos.global.ssl.fastly.net/crisnet/orig_boomver_1_364607234-1.jpg
    Logo
    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355