Views
Address
2429 Echo Park Avenue Los Angeles, CA
Price
$ 1,195,000
Property Attributes
  • ML#20661854
  • TypeContingent
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaSilver Lake
  • Zip90026
  • Style
  • Price$ 1,195,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage3496
  • Lot Size6,749 SqFt
Listing Provided Courtesy Of:
Ken Shapiro with Silverwood Properties.
Property Description

The seller just authorized me to dramatically reduce the price of this property so it can get sold right away. This price reduction now makes it so that, once one gets the large unit occupied (that will be between $5500 and $6000/mo) you will have $1600/mo cash flow immediately, and even more whenever the tenant in the one bedroom unit vacates. To have this kind of cash flow in a property that a) was thoroughly renovated inside and out only 10 years ago, and b) is in prime Echo Park, with spectacular views, is pretty much unobtainable in any upscale neighborhood in L.A. The large 2500 sq ft unit also has a full headroom 600 sq ft attic that has in the past served as a 5th bedroom. It also has its own balcony. Be the person who jumps on this opportunity before everyone else finds out about it!

Price History
11/19/2020 Listed $1,495,000
12/9/2020 21% - $1,195,000

General Features

Appliances Dishwasher, Microwave, Refrigerator
Architectural Style See Remarks
Cooling Central Air
Directions Best parking and access to house will be on Altivo. Map to 1615 Altivo Way 90026
Facing Direction South
Flooring Tile, Wood
Garage Spaces 1.00
Heating Central
Levels One
Listagentaor Out of Area Board
Listing Agent Ken Shapiro - BRE#01715663
Listing Agent State License 01715663
MLS Area 671 - Silver Lake
Parking Features Garage - Single Door
Pool Features None
Price Per Square Foot 341.82
Property SubType Single Family Residence
PropertyCondition Updated/Remodeled
Source System CRMLS
Spa Features None
Special Listing Conditions Standard
View Mountain(s), Valley, Panoramic
Zoning LAR1

Interior Features

Air Conditioning Y/N Yes
Appliances Y/N Yes
Fireplace Features None
Full + 3/4 Baths 4
Full Baths 4
Half Baths 1
Heating Y/N Yes
Laundry Features Washer Included, Dryer Included
Laundry Y/N Yes
Room Type Attic
Total Stories 2
Window Features Double Pane Windows

Exterior Features

Lot Size Area 6749.0000
Lot Size Square Feet 6749.00
Lot Size Units Square Feet
Parking Y/N Yes
Total Parking 1.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90026

Price
AVG $1.08M
$1.2M
Visits
AVG 31
6
Year Built
AVG 1932
1915
Walkscore
AVG 82
51
Data Provided by Walkscore ® not using MLS data

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