648 Amador Street

    Los Angeles (City), CA 90012
    • $875,000
    • STATUS: Active
    • ON SITE: 48 days
    • ID#: 18339010
    Price Reduced
    $875,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,520
      SQFT
    • $576
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1914
    County:

    School Ratings & Info

    Description

    We are proud to present a rare investment opportunity within a secluded residential enclave in the heart of Elysian Park, just steps from the entrance to Dodger Stadium. Situated only two miles from Downtown Los Angeles, the property is surrounded by the burgeoning rental markets of Echo Park, Silver Lake, Mt. Washington, and Chinatown. With five contiguous lots totaling 11,280 square feet of land, a new owner can revamp the grounds for higher-paying tenants, refurbish the property to hold as an owner/user, or demolish for a new ground-up development.The current unit configuration includes a three bedroom house that is currently divided into an occupied two bedroom unit and a non-conforming, vacant one bedroom unit. There is a separate one bedroom house and an additional storage building on the property as well.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-19T00:29:12.203. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/83092541

    648 Amador Street Los Angeles (City), CA 90012

    • Price: $875,000
    • Status: Active
    • ID#: 18339010
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    1,520
    SQFT
    $576
    $/SQFT
    1914
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    We are proud to present a rare investment opportunity within a secluded residential enclave in the heart of Elysian Park, just steps from the entrance to Dodger Stadium. Situated only two miles from Downtown Los Angeles, the property is surrounded by the burgeoning rental markets of Echo Park, Silver Lake, Mt. Washington, and Chinatown. With five contiguous lots totaling 11,280 square feet of land, a new owner can revamp the grounds for higher-paying tenants, refurbish the property to hold as an owner/user, or demolish for a new ground-up development.The current unit configuration includes a three bedroom house that is currently divided into an occupied two bedroom unit and a non-conforming, vacant one bedroom unit. There is a separate one bedroom house and an additional storage building on the property as well.
    Exterior Features

    Lot Features Sprinklers None Lot Size Source Assessor Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 25.00 Gross Operating Income 38400.00 Improvements Amount 39394 Land Value 144047 Laundry YN Yes Net Operating Income 19520.00 Special Listing Conditions Standard Total Expenses 17728.00 Zoning Lar1

    Listing provided courtesy of Roderick 'Rick' Raymundo of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-19T00:29:12.203. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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    7101 Playa Vista Dr.
    Playa Vista CA, 90094