Homes for sale - 1445 Calumet AVE, Los Angeles, CA 90026

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$2,100,000

Est. payment - /mo

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7 BD

7 BA

3,144 SqFt

Active

1445 Calumet AVE Los Angeles, CA 90026

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Jeff Underdahl

jeff@jeffunderdahl.com +1(760) 271-8772

UPDATED:

12/05/2024 02:09 AM

Key Details

Property 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 24433023

Bedrooms 7

HOA Y/N No

Year Built 1922

Lot Size 6,743 Sqft

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 C21 - Silver Lake - Echo Park

Zoning LAR2

Interior

Interior Features Ceiling Fan(s), Cathedral Ceiling(s)

Heating Forced Air

Cooling None

Flooring Wood

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Parking Features None

Pool Fenced

Community Features Gated

Porch Enclosed

Building

Story 1

Entry Level One

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5405013019

Security Features Gated Community

Special Listing Condition Standard

Listed by Emily Johnson • Sotheby's International Realty

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Jeff Underdahl

CEO/Team Leader | License ID: 01077484

+1(760) 271-8772