• 907 Glendale Boulevard Los Angeles, CA 90026

  • $2,575,000
  • 4
    Bed(s)
  • 0
    Baths
  • 4,312
    Sq Ft
  • 7500
    Sqft
  • Listed By: Andres Diaz, Keller Williams Downtown LA, DRE #01956479
  • Source: CRMLS

Highly sought after bungalow structures located directly across Echo Park Lake. The opportunity consists of five (5) structures for ten units including six (6) studio units and four (4) one-bedroom units. There is approximately thirty-eight (38%) percent rental upside that can be achieved through unit turnover. In addition, there are four (4) single car garages allocated to the one-bedroom units. More importantly, there is assumable financing at a fixed rate of 3.66% till 2032 which is extremely attractive relative to today's capital markets.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 4

Bathroom Information

Total Baths: 10

Full Baths: 0

Half Baths: 0

Cooling Features

Wall/Window Unit(s)

Air Conditioning

Heating Source

Wall Furnace

Has Heating

Building Information

Year Built: 1923

Building Area Total: 4,312

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1722

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 7500

Listing Price Information

Original List Price: 2,575,000

Listing Contract Date: 2023-07-19

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5404005006

Garage and Parking

Garage Description: Assigned

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C21 - Silver Lake - Echo Park

Postal Code Plus 4: 4108

Directions: south of Sunset Boulevard, across Echo Park Lake.

Zoning: LARD2

Source Property Type: Residential Income

Area: C21 - Silver Lake - Echo Park

Building and Construction

Property Age: 101

Year Built Source: Vendor Enhanced

Total Square Feet Living: 4312

Levels or Stories: One

Building Total Stories: 1

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2140 Lemoyne Street, Los Angeles, CA,90026 $3,200,000 3 -- -- 7505 Sqft
802 N Dillon Street, Los Angeles, CA,90026 $1,450,000 6 -- 2,288 3828 Sqft
1321 Laveta Terrace, Los Angeles, CA,90026 $449,000 -- -- -- 5257 Sqft
1427 Laveta, Los Angeles, CA,90026 $1,990,000 -- -- 1 10262 Sqft
2252 Aaron Street, Los Angeles, CA,90026 $950,000 -- -- -- 7121 Sqft
1804 Echo Park Avenue, Los Angeles, CA,90026 $1,310,000 5 -- 2,319 5357 Sqft
1804 Echo Park Avenue, Los Angeles, CA,90026 $1,390,000 5 -- 2,319 5357 Sqft
1600 W Court Street, Los Angeles, CA,90026 $995,000 4 2 1,762 3387 Sqft
1120 Logan Street, Los Angeles, CA,90026 $1,995,000 10 -- 4,912 6269 Sqft
1622 Ewing Street, Los Angeles, CA,90026 $2,425,000 3 -- 2,296 2612 Sqft

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ByOwner last updated this listing 04/29/2024 @ 23:13

MLS: 23292227
LISTED BY: Andres Diaz, Keller Williams Downtown LA
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.

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