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    1110 Echo Park Ave

    Los Angeles, CA 90026
    • $2,495,000
    • STATUS: Active
    • ON SITE: 21 days
    • MLS #: 21-777680
    Price Reduced
    UPDATED: 40 min ago
    $2,495,000
    • 8
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,638
      SQFT
    • $443
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1916
    County:

    School Ratings & Info

    Description

    The Echo Park Avenue Apartments is a very special and unique property configured as a 4-unit building and a 2-unit building for a total of 6 units. The four unit was constructed in 1922, the two-unit in 1916. There are four small garages with access on Echo Park Avenue. Each unit has washer/dryer hookups, front and rear entrance, hardwood floors and intricate details. The Echo Park Avenue Fourplex enjoys twin extended front porch areas with Echo Park Lake views and the rear area is also available for gatherings and BBQ's. The Laguna Duplex enjoys a very spacious outdoor area that is separate and distinct from the Fourplex portion. This area is separated by new fencing and cemented planter boxes on the Echo Park Ave side. The parcel is zoned LARD2-1VL-HPOZ. The HPOZ (Historical Preservation Overlay Zone) extends several blocks to the north and east. This provides protection from over development and of out of character additions to the neighborhood thus preserving the original aspects of the area. Tenants are drawn to the old world charm and pleasant nature and livability of the property. The 1+1 apartments in the Echo Park Avenue Fourplex are very large, (over 1,000 square feet each) and all units have a separate laundry room and period tile in kitchens and baths with original hardwood floors and picture molding throughout. There are too many intricacies to describe in this small space, but one of many examples is the upper duplex unit (1047 Laguna) boasts a sunroom off the second bedroom with lake views. These rentals are much closer to a home than an apartment. The complex is presented as a parcel that runs block to block between Echo Park Avenue and Laguna Avenue. The Fourplex that faces Echo Park Avenue are all 1-bedroom 1-bath. The Duplex that faces Laguna Avenue are 2-bedroom 1-bath & 2-bedroom 1 1/4 bath. Resting just south of Sunset Blvd and north of the U.S. 101 on Echo Park Avenue. Centrally located just north west of DTLA and east of Silverlake and Hollywood. Echo Park Lake is located just south and across the street from the subject property. Upper units of the fourplex & the duplex have lake views. The Echo Park area is ground zero for hipsters, tech workers, artists, independent thinkers and free spirits. The area is alive with a vibe that is palpable and is attractive to both young and old alike. Please do not walk on property or disturb the tenants.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-21T07:42:24.997. 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.jelmbergteam.com/homes/120949404
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    1110 Echo Park Ave Los Angeles, CA 90026

    • Price: $2,495,000
    • Status: Active
    • Updated: 40 min ago
    • MLS #: 21-777680
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    5,638
    SQFT
    $443
    $/SQFT
    1916
    Built
    Neighborhood:
    Silver Lake - Echo Park
    County:
    Los Angeles
    Area:
    Silver Lake - Echo Park
    Property Description
    The Echo Park Avenue Apartments is a very special and unique property configured as a 4-unit building and a 2-unit building for a total of 6 units. The four unit was constructed in 1922, the two-unit in 1916. There are four small garages with access on Echo Park Avenue. Each unit has washer/dryer hookups, front and rear entrance, hardwood floors and intricate details. The Echo Park Avenue Fourplex enjoys twin extended front porch areas with Echo Park Lake views and the rear area is also available for gatherings and BBQ's. The Laguna Duplex enjoys a very spacious outdoor area that is separate and distinct from the Fourplex portion. This area is separated by new fencing and cemented planter boxes on the Echo Park Ave side. The parcel is zoned LARD2-1VL-HPOZ. The HPOZ (Historical Preservation Overlay Zone) extends several blocks to the north and east. This provides protection from over development and of out of character additions to the neighborhood thus preserving the original aspects of the area. Tenants are drawn to the old world charm and pleasant nature and livability of the property. The 1+1 apartments in the Echo Park Avenue Fourplex are very large, (over 1,000 square feet each) and all units have a separate laundry room and period tile in kitchens and baths with original hardwood floors and picture molding throughout. There are too many intricacies to describe in this small space, but one of many examples is the upper duplex unit (1047 Laguna) boasts a sunroom off the second bedroom with lake views. These rentals are much closer to a home than an apartment. The complex is presented as a parcel that runs block to block between Echo Park Avenue and Laguna Avenue. The Fourplex that faces Echo Park Avenue are all 1-bedroom 1-bath. The Duplex that faces Laguna Avenue are 2-bedroom 1-bath & 2-bedroom 1 1/4 bath. Resting just south of Sunset Blvd and north of the U.S. 101 on Echo Park Avenue. Centrally located just north west of DTLA and east of Silverlake and Hollywood. Echo Park Lake is located just south and across the street from the subject property. Upper units of the fourplex & the duplex have lake views. The Echo Park area is ground zero for hipsters, tech workers, artists, independent thinkers and free spirits. The area is alive with a vibe that is palpable and is attractive to both young and old alike. Please do not walk on property or disturb the tenants.
    Exterior Features

    Covered Parking 4 Direction Faces West Exterior Construction StuccoWood Siding Garage Structures Total 2 Lot Description FencedSidewalksYard Lot Size Area 7512 Other Structures None Parking Garage Garage Patio Features Porch - FrontPorch - RearPatio Open Roof CompositionShingle Style Craftsman Total Parking 4 View Description Lake View YN Yes

    Interior Features

    Bathroom Features Shower Over Tub Baths Total 8.00 Cooking Appliances Gas Cooling Wall Unit(S) Equipment Stackable W/D HookupGas Dryer Hookup Flooring Wood Heating Wall Interior Features Living Room Balcony Laundry Laundry Area Water Heater Features Gas

    Property Features

    Alley YN No Assessed Total Value 877521 Gross Income 161244 Gross Operating Income 156407 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Monthly Gross Income 13437.00 Net Operating Income 100575.00 Number Of Buildings 2 Number Of Units 6 Owner Pays GardenerWaterOther Rent Control YN Yes Sale Type Standard Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Tenant Pays GasElectricity Total Annual Expense 55832 Type Of Units Apartments Water Water District Water Heaters YN Yes Year Built Source Assessor Zoning Lard2 Hpoz

    Listing provided courtesy of James Gilb DRE#00998653 of Miller & Desatnik Realty Co..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-21T07:42:24.997. 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.
     
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