1545 DUANE ST, Los Angeles, CA 90026 | Off-market

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Off-Market Call for Pricing

Call for Pricing
  • (0)
  • 3 Bedrooms
  • Bathrooms
  • 1,784 Sq Ft
  • 3,795 Sq Ft

Description

BACK ON MARKET: Rare opportunity to own an income producing, character filled property in prime Echo Park is now available. Located just a few blocks away from Morton Village and tucked away on a quiet cup-de-sac behind mature landscape is the Duane Street Triplex. The property consists of a stand alone 1Br, 1Ba California Bungalow with its own private garden and patio, which is being delivered vacant and perfect for an owner user to occupy. The second structure is a side by side duplex (1Br/1Ba each) that is fully rented and generating strong rental income with definite room to grow. All units enjoy their own private outdoor space and are separately metered for gas and electric. Great updates have been made and would make for the perfect 1031 exchange property or starter investment in this rock solid rental market area where rents continue to climb and opportunity is always limited. Vacant unit can be shown by appt. Tenant occupied units shown with accepted offer.

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Owner

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Amenities

Garage
Outdoor Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Open Floorplan
Great Views
Natural Light
Quiet
Elevator
Balcony
Guest Unit(s)
Furnishings

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,049,000
Property Type Triplex (3-units)
Usable Sqft 1,784
Number of Stories 0
Parking Spots 0
Year Built 1910
Last Sold October 24, 2017
Sold Price 1,015,000
APN # Unknown
MLS # 17257658
Property ID 1450897
Lot Sqft 3,795
Zoning LAC1
Total Units 3
Applicances Refrigerator,Stackable W/D Hookup%
Date Updated May 19, 2018
Date Created August 03, 2017
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 1 1.0 $1,625 $1,950
Unit #2 1 1.0 $1,374 $1,800
Unit #3 1 1.0 $0 $2,000
Gross Income (Yr) $ 59,996
Operating Expenses $ 0
Net Income (Yr) $ 0

Listing Provided By

Henry Plascencia an agent of Berkshire Hathaway HomeServices California Properties. Lic #01250465


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© 2021 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of March 7, 2018 4:38 PM PT The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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