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1506 Scott Avenue

Los Angeles (City), CA 90026
  • $1,750,000
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: 24355179
$1,750,000
  • 6
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,652
    SQFT
  • $660
    $/SQFT
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Listing Agent(s): Peter V Buonocore of Keller Williams Larchmont (323-762-2600) and Lane Aronson of Berkshire Hathaway HomeServices California Properties(626-440-5100)


Description

Attractive finance options with seller 1st Trust Deed carryback (minimum 35% down) offers ideal opportunity for owner occupancy. Charming, extensively renovated and nicely landscaped 6-unit property comprised of 3 individual duplexes in prime hills of Echo Park above Sunset Blvd between Echo Park Blvd and Elysian Park. Five of the one bedroom/one bathroom units have has been uniquely renovated, 5 of 6 having dedicated private yards. A short distance to everything Echo Park has to offer, including the Friday farmer's market, Lassen's, Cookbook Canyon Coffee, Bacetti Trattoria, and so much more. Property improvements include upgraded electric/gas meters, on-site laundry room, copper plumbing, newer roofs, and upgraded sewer line. The property is under the City of Los Angeles Rent Stabilization Ordinance. PLEASE DO NOT DISTURB TENANTS. PLEASE DO NOT LOOK THROUGH WINDOWS OR HEDGES.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-01T00:31:17.237. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/147299663
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1506 Scott Avenue Los Angeles (City), CA 90026

  • Price: $1,750,000
  • Status: Active
  • On Site: 24 Days
  • ID#: 24355179
6
Beds
0
Baths
0
½ Baths
0.16
Acres
2,652
SQFT
$660
$/SQFT
1922
Built
Neighborhood:
C21 - Silver Lake - Echo Park
County:
Los Angeles
Area:
C21 - Silver Lake - Echo Park
Property Description
Attractive finance options with seller 1st Trust Deed carryback (minimum 35% down) offers ideal opportunity for owner occupancy. Charming, extensively renovated and nicely landscaped 6-unit property comprised of 3 individual duplexes in prime hills of Echo Park above Sunset Blvd between Echo Park Blvd and Elysian Park. Five of the one bedroom/one bathroom units have has been uniquely renovated, 5 of 6 having dedicated private yards. A short distance to everything Echo Park has to offer, including the Friday farmer's market, Lassen's, Cookbook Canyon Coffee, Bacetti Trattoria, and so much more. Property improvements include upgraded electric/gas meters, on-site laundry room, copper plumbing, newer roofs, and upgraded sewer line. The property is under the City of Los Angeles Rent Stabilization Ordinance. PLEASE DO NOT DISTURB TENANTS. PLEASE DO NOT LOOK THROUGH WINDOWS OR HEDGES.
Exterior Features

Other Structures Shed(s) Parking Features None Parking Total 0

Interior Features

Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 4.6 Gross Income 119424 Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 81311 New Construction YN No Senior Community YN No Special Listing Conditions Standard



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-01T00:31:17.237. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Peter V Buonocore of Keller Williams Larchmont (323-762-2600) and Lane Aronson of Berkshire Hathaway HomeServices California Properties(626-440-5100)