CA > Los Angeles > Angelino Heights
Los Angeles, CA 90026,1445 Calumet Ave
Los Angeles, CA 90026,1445 Calumet Ave
Los Angeles, CA 90026,1445 Calumet Ave
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John Matukas

John Matukas

+1(323) 377-4961
$2,100,000
Est. payment /mo
7 Beds
7 Baths
3,144 SqFt
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UPDATED:

09/17/2024 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,144 sqft

Price per Sqft $667

Subdivision Angelino Heights

MLS Listing ID 24-433023

Style Bungalow

Bedrooms 7

Year Built 1922

Lot Size 6,744 Sqft

Acres 0.1548

Property Description

This private, charming, turnkey investment, with current cap rate of 5.6% and annual NOI over $118,000/yr. could be yours. Sheltered behind a tall privacy hedge in the Angelino Heights HPOZ, sits 7 individual, well-maintained Craftsman single family bungalows, each with their own private patios and outdoor space. These units were fully renovated with permits in 2003 and converted into open concept studios; with vaulted ceilings, exposed beams and wood floors and windows. Because of its location in prime Echo Park, and its proximity to high-end amenities (newly renovated Echo Park lake, Lassen's, and multiple bars and restaurants), these units rent quickly. Well-maintained but with upside potential if you add laundry to each unit. Permit history, general and sewer inspections, and rent rolls available for viewing. Recent termite clearance provided. Motivated seller.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LAR2

Rooms

Other Rooms None

Interior

Interior Features Cathedral-Vaulted Ceilings

Heating Forced Air

Cooling None

Flooring Hardwood

Equipment Dishwasher, Ceiling Fan, Refrigerator, Range/Oven

Laundry Laundry Area

Exterior

Parking Features None

Pool Fenced

Building

Story 1

Architectural Style Bungalow

Level or Stories One

Others

Special Listing Condition Standard

Pets Allowed Pets Permitted

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Listed by Sotheby's International Realty

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John Matukas

+1(323) 377-4961

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