Active
1445 Calumet Ave
Los Angeles CA, 90026
$2,100,000
$667.94 per sqft
Active
7 Beds
7 Baths
3,144 sqft
Multi-family
Built in 1922
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.
24-433023
MLSⓇ ID
September 9, 2024
Listed
November 22, 2024
Updated
Map
1445 Calumet Ave
Los Angeles CA, 90026
Interior Features
Total Stories
1
Bedrooms
7
Total Bathrooms
7
Interior Features
Cathedral-Vaulted Ceilings
Appliances
Dishwasher, Ceiling Fan, Refrigerator, Range/Oven
Laundry Description
Laundry Area
Floor Description
Hardwood
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.15 Acres
Architectual Style
Bungalow
Other Property Details
Area Name
Silver Lake - Echo Park
Days on Market
8
Garage
No
Parking
None
Parking Total
0
View
No
County
Los Angeles
Pool
No
Pool Features
Fenced
Zoning
LAR2
Listed by Emily Johnson with Sotheby's International Realty
Listing Contact: 323-314-8908
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Aspire Los Angeles shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/22/2024
