Thank you
Walter Gonzalez
Golden Royalty Properties Inc.
213-514-4234
FANTASTIC hidden gem! The opportunity to own a (3) unit property with possibility or potential to be 4-5 units (ADU) conversion of attached garage below the rear unit. This property will not last, calling all investors or visionaries. Location! Location! Location! This home is situation in great serenity neighborhood w/much growth. This home is located minutes away from the Downtown L.A, Chinatown, and the Hollywood/Echo Park/Silver Lake area. Only minutes away from L.A.C.C community college and the 101 fwy entry. Additionally close to the metro station. Also close to groceries stores/shopping centers and proximity of public schools. Only the rear/back unit will be vacant at the close of escrow no exceptions, and do not ask for more vacancy. The back/rear unit is well taken care of and has a lovely remodel kitchen w/beautiful countertops, chandeliers, breakfast area. This unit has A/C & central heater for the hot summers or cold winter day; plenty of widows for natural light. In addition, this back unit has a small back yard great for the barbecues and w/more potential to let your imagination grow. All the units have individual electrical and gas meters. The property has long driveway and gated; plenty of parking space in between both structures or inside garages (4 individual garages) Garages are only for the use of the owner/seller. The sale of the property is contingent upon seller finding a replacement home to move into, and closing consequently at the same time with the sale of the subject property. Tenants in the front (2) units will remain with the sale of the property, they are paying rent on time without any issues, front 2 units have small front yard (1bed/1bath each; DO NOT DISTURB TENANTS. Subject property is being sold as is where is conditions. Supra lock box installed in the property, see agent remarks for full details. The Broker/Agent does not guarantee the accuracy of the square footage, lot size, or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Note: Buyer is advised to verify all information accuracy through personal professionals independently information deemed reliable but not guaranteed. Buyer/Buyers agent are advised to do their due diligence to verify all information provided.
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Total Bedrooms : 4
Total Baths: 3
Full Baths: 0
Half Baths: 0
Water Source : Public
Sewer : Other,Sewer Tap Paid
Roof : Shingle,Tile
Property Appliances: Dishwasher,Dryer
Flooring: Carpet,Laminate
Wall Furnace
Has Heating
Year Built: 1924
Building Area Total: 3,299
Roof: Shingle,Tile
Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
Front Porch
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1722
Lot Size Source: Other
Lot Size Square Feet: 7503
Original List Price: 1,265,000
Listing Contract Date: 2023-02-28
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5539029009
Garage Description: Door-Multi,Driveway,Garage,Gated
Attached Garage: Yes
Lease Term: Negotiable
Tenant Pays: Cable TV,Electricity,Gas
Source Listing Status: Active
Source Neighborhood: C21 - Silver Lake - Echo Park
Postal Code Plus 4: 2302
Directions: East from Virgil Ave/West of Hoover/South of Melrose Av/North Middlebury St or refer to your thomas guide.
Zoning: LAR2
Source Property Type: Residential Income
Area: C21 - Silver Lake - Echo Park
Property Age: 100
Year Built Source: Vendor Enhanced
Total Square Feet Living: 3299
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
101 S Mariposa, Los Angeles, CA,90004 | $2,100,000 | 4 | 2 | 1,890 | 4796 Sqft |
161 S St Andrews Place, Los Angeles, CA,90004 | $4,550,000 | 21 | -- | 15,606 | 8490 Sqft |
641 N Hobart Boulevard, Los Angeles, CA,90004 | $7,550,000 | 18 | -- | 16,035 | 7506 Sqft |
4572 Rosewood Avenue, Los Angeles, CA,90004 | $1,295,000 | 4 | -- | 2,114 | 4994 Sqft |
543 N Heliotrope Drive, Los Angeles, CA,90004 | $2,150,000 | 10 | 5 | 4,808 | 8000 Sqft |
246 N Catalina Street #4, Los Angeles, CA,90004 | $2,500 | 1 | 1 | 690 | 7779 Sqft |
251 N Kenmore Avenue, Los Angeles, CA,90004 | $2,295,000 | 12 | -- | 6,852 | 7632 Sqft |
501 N Gower Street, Los Angeles, CA,90004 | $1,995,000 | 3 | 3 | 1,803 | 5577 Sqft |
4835 Elmwood Avenue #4835, Los Angeles, CA,90004 | $4,100,000 | 17 | -- | 6,870 | 7248 Sqft |
126 N Kingsley Drive, Los Angeles, CA,90004 | $1,950,000 | 5 | -- | 2,202 | 6171 Sqft |
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ByOwner last updated this listing 05/06/2024 @ 03:32
MLS: 23245161
LISTED BY: Walter Gonzalez, Golden Royalty Properties Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.