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534 Casanova Street

Los Angeles (City), CA 90012
  • $898,000
  • STATUS: Active
  • ON SITE: 43 Days
  • ID#: 22145997
UPDATED: 66 min ago
$898,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1909
County:

School Ratings & Info

Listing Agent(s): Julia Allos of Dpp (310-275-1000)


Description

Adorable duplex for sale in the heart of Solano Canyon, a short distance to Chinatown, Dodgers Stadium and in a blue ribbon school district. Sitting on a large lot with views of downtown, this charming c.1909 duplex is in great condition, with one unit delivered vacant and completely remodeled. Multi-level garden areas greet you as you pass two coveted parking spots and walk through a secure wooden fence into the front yard. Each unit has a washer/dryer hookup, separate water heaters, a mudroom, a large kitchen, living room, bedroom and full bathroom, as well as an expansive deck with views to downtown and Elysian Park. The property also features a large backyard with alley access, and 400 square feet of basement storage beneath each unit, with separate access. A great property to live in one, and rent the other to subsidize the mortgage with easy access to all the Eastside has to offer! In addition, the property has been approved for a small lot subdivision, with 3 exquisite townhomes designed by the renowned architect Richard Corsini. Total rent between the vacant ($2400 market rate) and the occupied unit ($1600) totals $48,000 a year in rental income. So many opportunities with this amazing piece of property!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T20:28:28.75. 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/127703551
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534 Casanova Street Los Angeles (City), CA 90012

  • Price: $898,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 66 min ago
  • ID#: 22145997
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1909
Built
Neighborhood:
C21 - Silver Lake - Echo Park
County:
Los Angeles
Area:
C21 - Silver Lake - Echo Park
Property Description
Adorable duplex for sale in the heart of Solano Canyon, a short distance to Chinatown, Dodgers Stadium and in a blue ribbon school district. Sitting on a large lot with views of downtown, this charming c.1909 duplex is in great condition, with one unit delivered vacant and completely remodeled. Multi-level garden areas greet you as you pass two coveted parking spots and walk through a secure wooden fence into the front yard. Each unit has a washer/dryer hookup, separate water heaters, a mudroom, a large kitchen, living room, bedroom and full bathroom, as well as an expansive deck with views to downtown and Elysian Park. The property also features a large backyard with alley access, and 400 square feet of basement storage beneath each unit, with separate access. A great property to live in one, and rent the other to subsidize the mortgage with easy access to all the Eastside has to offer! In addition, the property has been approved for a small lot subdivision, with 3 exquisite townhomes designed by the renowned architect Richard Corsini. Total rent between the vacant ($2400 market rate) and the occupied unit ($1600) totals $48,000 a year in rental income. So many opportunities with this amazing piece of property!
Exterior Features

Architectural Style Bungalow Parking Features DrivewayOne SpaceSide By Side Parking Total 2 View City Lights View YN Yes

Interior Features

Appliances Refrigerator Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Gross Income 48000 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 38700 New Construction YN No Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGasTrash CollectionWater Zoning Lard2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T20:28:28.75. 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): Julia Allos of Dpp (310-275-1000)