$2,100,000
For Sale

1445 Calumet Avenue

Los Angeles, CA 90026
3144 sqft | 7 beds | 0.15 acres | #24433023
Listing OfficeSotheby's International Realty
Browse 24 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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

Marjorie CrowReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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