UPDATED:
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 3,808 sqft
Price per Sqft $301
MLS Listing ID WS25065101
Style All Other Attached
Bedrooms 8
Full Baths 4
Construction Status Fixer,Repairs Cosmetic,Repairs Major
HOA Y/N No
Year Built 1966
Lot Size 6,884 Sqft
Acres 0.158
Property Description
Excellent opportunity for investors/developers or an owner-user to own and live in a triplex within historic Filipino town! Directly adjacent to Echo Park/Silverlake this triplex has an original front house that has 5 bedrooms. Current owners resided for over 50 years and needs full remodel! Fixer! Needs TLC. Bring your contractor! There are an additional two units built in 1966 which includes a large two bedroom upstairs unit with balcony, and another 1 bedroom unit on the ground floor. There is parking for approximately 5 cars. Property is on a large R3 lot. You may build 8 units by right or up to 15 with TOC tier 2. One can also explore ED-1 and possibly build even more units! The current rental rates for the 2 units are $974 and $794 due increases now. Own or live in the most rapidly growing markets adjacent to Downtown, Rampart Village, Echo Park, and Silver Lake. Area is centrally located to LAs notable Dodger Stadium, Elysium Park, Disney Concert Hall, 110 and 101 freeway, a developing Metro Regional Connector and more!
Location
State CA
County Los Angeles
Area Los Angeles (90026)
Zoning LAR3
Interior
Heating Natural Gas
Fireplaces Type FP in Living Room
Laundry Inside
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Building
Lot Description Curbs
Story 2
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Construction Status Fixer,Repairs Cosmetic,Repairs Major
Others
Monthly Total Fees $53
Miscellaneous Urban
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Special Listing Condition Standard
