1933 Lemoyne St Active

Los Angeles,CA 90026

$ 4750000

8 Beds

8 Baths

4500 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $1,055

MLS Listing ID 25498583

Style Modern

Bedrooms 8

Construction Status Updated/Remodeled

Year Built 1925

Lot Size 8,968 Sqft

Acres 0.2059

Property Sub-Type Multi-Family

Property Description

Calling all investors or someone that wants a beautiful hillside home that has amazing income generating units to offset mortgage. Nestled in the heart of Echo Park, 1933 Lemoyne St offers a unique investment opportunity. This multi-family property comprises a triplex and two additional unpermitted Accessory Dwelling Units (ADUs), totaling eight bedrooms and eight bathrooms across approximately 4,500 square feet of living space. Each unit has been thoughtfully updated to blend modern amenities with classic charm. Currently generating a monthly rental income of $25,200, this property promises immediate cash flow. Development Opportunity: The property includes an additional lot measuring 2,812.5 sq ft, expanding the total lot size to approximately 11,777.5 sq ft. With the enactment of California's Senate Bill 9 (SB 9), there's potential to split the lot and develop additional units, subject to local zoning regulations. The property offers four dedicated parking spots, a valuable amenity in this bustling neighborhood. Prime Location located in the vibrant Echo Park hills neighborhood, residents enjoy proximity to trendy cafes, boutique shops, scenic parks, and a thriving arts scene. The property's central location provides easy access to Downtown Los Angeles and major freeways.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LAR1

Rooms

Other Rooms None

Dining Room 0

Kitchen Quartz Counters, Island

Interior

Interior Features Brick Walls

Heating Central

Cooling Air Conditioning

Flooring Laminate

Fireplaces Type Electric

Equipment Dishwasher, Dryer, Garbage Disposal, Washer, Microwave, Refrigerator, Range/Oven, Barbeque

Laundry In Unit, Outside

Exterior

Parking Features Driveway - Concrete

Garage Spaces 4.0

Pool Fenced

Waterfront Description None

View Y/N Yes

View City Lights, Hills

Roof Type Asphalt

Building

Lot Description Back Yard, Front Yard, Fenced Yard, Fenced, Landscaped

Story 4

Foundation Slab

Sewer In Street

Water Public

Architectural Style Modern

Level or Stories Multi/Split

Structure Type Stucco

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

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