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- 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