• 2730 Council Street Los Angeles, CA 90026

  • $3,499,000
  • 13
    Bed(s)
  • 13
    Baths
  • 5,168
    Sq Ft
  • 4807
    Sqft
  • Listed By: PETER PABLICO, Mancuso Properties III, Inc. D, DRE #02130996
  • Source: CRMLS

We are pleased to present the opportunity to acquire 2730 Council St. A multifamily building comprised of 4 units on a very quiet street and ideally located in the heart of Los Angeles, The property is located in Historic Filipinotown and only minutes away from Echo Park, Silverlake, Koreatown, Hollywood, Downtown, and within close proximity to various shops, restaurants, and entertainment districts. Beautifully designed with the highest standard of quality and craftsmanship. This modern property offers energy efficient building materials, stainless-steel appliances, and designer finishes. Completed in October 2023. Currently fully leased non-rent controlled fourplex with a cap rate of 5.07%. All units separately metered for gas, electricity, and water. Solar panels for all units to keep expenses low. Tenants pay all utilities. Total gross rents $17,300 per month.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1063381577 1 1 1 0
2 1063381577 4 4 4 0
3 1063381577 4 4 4 0
4 1063381577 4 4 4 0

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Interior Features: Balcony,Quartz Counters,Unfurnished

Property Appliances: Dishwasher,Free-Standing Range,Microwave,Refrigerator,Range Hood,Tankless Water Heater,Vented Exhaust Fan,Water To Refrigerator,Dryer,Washer

Fireplace: None

Flooring: Vinyl

Cooling Features

Central Air

Air Conditioning

Heating Source

Central

Has Heating

Energy

Green Energy: Appliances,Water Heater

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 2023

Building Area Total: 5,168

Security Features

Closed Circuit Camera(s),Carbon Monoxide Detector(s),Fire Sprinkler System,Security Gate,Key Card Entry,Smoke Detector(s)

Pool Features

None

Laundry Features

Inside

Fencing

Wrought Iron

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1104

Lot Size Source: Assessor

Lot Size Square Feet: 4807

Listing Price Information

Original List Price: 3,499,000

Listing Contract Date: 2024-03-14

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5156021008

Garage and Parking

Garage Description: Assigned

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: All Utilities

Other Property Info

Source Listing Status: Active

Source Neighborhood: C21 - Silver Lake - Echo Park

Directions: West of 101 freeway and East of Beverly Blvd.

Zoning: LARD 1.5

Source Property Type: Residential Income

Area: C21 - Silver Lake - Echo Park

Property SubType: Quadruplex

Building and Construction

Property Age: 1

Common Walls: 1 Common Wall

Structure Type: Quadruplex

Year Built Source: Builder

Entry Level: 1

Entry Location: Front door

Property Attached: Yes

Levels or Stories: Three Or More

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 $439,000 -- -- -- 5257 Sqft
1427 Laveta, Los Angeles, CA,90026 $1,990,000 -- -- 1 10262 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
1615 Park Avenue, Los Angeles, CA,90026 $7,000,000 27 -- 13,260 8513 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/06/2024 @ 10:09

MLS: WS24042174
LISTED BY: PETER PABLICO, Mancuso Properties III, Inc. D
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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