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Listed by TRAVIS ELY • TRAVIS ELY
$1,150,000
Est. payment /mo
8 Beds
4 Baths
3,808 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,808 sqft
Price per Sqft $301
MLS Listing ID CRWS25065101
Bedrooms 8
Full Baths 4
Year Built 1966
Lot Size 6,884 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Excellent opportunity for investors/developers or an owner-user to own and live in a triplex within historic Filipino town! Directly adjacent to Echo Park/Silverlake this triplex has an original front house that has 5 bedrooms. Current owners resided for over 50 years and needs full remodel! Fixer! Needs TLC. Bring your contractor! There are an additional two units built in 1966 which includes a large two bedroom upstairs unit with balcony, and another 1 bedroom unit on the ground floor. There is parking for approximately 5 cars. Property is on a large R3 lot. You may build 8 units by right or up to 15 with TOC tier 2. One can also explore ED-1 and possibly build even more units! The current rental rates for the 2 units are $974 and $794 due increases now. Own or live in the most rapidly growing markets adjacent to Downtown, Rampart Village, Echo Park, and Silver Lake. Area is centrally located to LA's notable Dodger Stadium, Elysium Park, Disney Concert Hall, 110 and 101 freeway, a developing Metro Regional Connector and more!
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAR3
Interior
Heating Gas
Cooling None
Fireplaces Type Living Room
Laundry Other
Exterior
Parking Features Carport , Other
Pool None
Utilities Available Other
View None
Building
Lot Description Flag Lot
Foundation Raised
Water District - Public
Others
Tax ID 5157002005
Special Listing Condition Not Applicable
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