$2,100,000
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1445 Calumet Avenue Los Angeles, CA 90026
Cluster
Residence
7
Beds
7
Baths
...
Bed/Bath
3,144
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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.
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MLS#
24433023
Property Type
Cluster
Bedrooms
7
Bathrooms
Year Built
1922
Square Feet
3,144
sq. ft
Lot Size
0.15
Stories
1.0
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