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David Burchell

david@burchellhometeam.com +1(559) 234-2579

$1,225,000

Est. payment - /mo

5 Beds

3 Baths

1,892 SqFt

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Open House

Sat Oct 17, 1:00pm - 3:00pm

Sun Oct 18, 12:00pm - 2:00pm

Tue Oct 20, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,892 sqft

Price per Sqft $647

MLS Listing ID 26998783

Bedrooms 5

HOA Y/N No

Year Built 1926

Lot Size 7,252 Sqft

Property Description

Three charming Craftsman bungalows in prime Echo Park including a lovely 2 bedroom, 1 bathroom bungalow with private wraparound yard delivered vacant! With projected gross rents totaling nearly $100,000 per year, this income generating property offers exceptional opportunity for investors looking for stable cash flow in a favorable neighborhood with strong rental appreciation. For a savvy buyer looking for a charming vintage home to call their own - enjoy substantial rental income of $4,475 per month to offset mortgage payments! Two 2 bedroom, 1 bathroom bungalows and a 1 bed, 1 bath cottage are situated privately within the 7,200+ sf lot, with their own dedicated yard spaces. The vacant 676sf bungalow has been updated with new split system, new flooring, and recently upgraded kitchen and bathroom. Through a hedged and gated entrance from the street, enter into the fenced yard spaces with mature trees and planter beds, making this feel like a true private residence. The setting on Avon St is prime Echo Park, a friendly neighborhood replete with lots of greenery and well-kept vintage architecture, walking distance to Valerie, Canyon Coffee, Cookbook Market, coveted Elysian Heights Elementary and the nearby trails of Elysian Park.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR1

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Refrigerator, Dryer, Washer

Exterior

Parking Features None

Total Parking Spaces 3

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5415007026

Special Listing Condition Standard

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Listed by Courtney Pickard Compass #01948903

NEARBY SCHOOL & BUSINESS

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David Burchell

+1(559) 234-2579

Team Leader & Realtor License ID: #02033130

2206 Avon ST Los Angeles, CA 90026

David Burchell

Open House

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION