1445 Calumet Avenue
Los Angeles, CA 90026
3144 sqft | 7 beds | 0.15 acres | #24433023
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 Details
- InteriorCeilingFans, CathedralCeilings
Beds & Baths
- Bedrooms7
Property Details
- Stories1
Measurements
- Acres0.1548
- Square Feet3144
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1922
Community and Neighborhood Details
- SubdivisionAngelino Heights
Location
- CountyLos Angeles
Financial Details
- Original List Price$2,100,000
Other
- MLS #24433023
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Emily Johnson (#CLW-C99588)
Listing Office: Sotheby's International Realty (#CLW-X70367)
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