$ 1,499,000
-
$1,499,000
Price -
6
Bed -
3
Bath -
2,636
SqFt
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About the Listing X70367 - C99588
Back on Market- no fault to the property. One unit vacant and property appraised for $1,625,000. 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, with upside potential as leases turn. The top unit (delivered vacant)lives like its own house and has an estimated $4,000 rent per month for a combined 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.
Listing Highlights
Status
Active
Days on Site
35
Property Type
Multi-Family
MLS ®
26672361
Year Built
1925
Total Square Footage
2,636
Lot/Acreage
0.11
County
Los Angeles
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances: Free Standing Gas
- Air Cond: Window Unit(s)
- Heating: Wall
- Fireplaces:
- Floor: Hardwood,Ceramic Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LARD2
- Roof:
- Others:
- Sewer:
- Parking Features: On street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
1120 W Edgeware Rd Los Angeles, CA 90026
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