2117 Duane

  • $1,230,000
Sold Los Angeles, Echo Park
2117 Duane St Los Angeles, CA 90039
  • Multifamily
  • Property Type
  • 2
  • Number of Units
  • 5.97
  • Cap Rate
  • 13.48
  • GRM
  • $615,000
  • Price/Unit

Overview

  • Multifamily
  • Property Type
  • 2
  • Number of Units
  • 5.97
  • Cap Rate
  • 13.48
  • GRM
  • $615,000
  • Price/Unit

Description

Here is your opportunity to own an income property in one of the hottest neighborhoods in Los Angeles! 2 houses on 1 lot in prime Echo Park location.

Two large houses – front house is 1057 square feet 3 bed/ 2 Baths with bonus room and back house is 1726 square feet with 4 bed / 3 baths. 2 car parking with garage. Huge upside in rents. Separate water meters so tenants pay all utilities including water, sewer, trash, gas and electricity — just like detached homes.

Each house has separate central AC and heater. Owner has few expenses and only pays gardener, insurance and taxes. Large lot of 7500 square feet. Zoned LAR2. Property can be delivered VACANT. Perfect for potential owner/user or a savvy investor.

Details

  • Property Type: Multifamily
  • Property Status: Sold
  • Property Size: 2,783 Sq Ft
  • Lot Size: 7,500 Sq Ft
  • Bedrooms: 7
  • Bathrooms: 5
  • Year Built: 1952
  • Price: $1,230,000
  • Number of Units: 2
  • Price/Unit: $615,000
  • GRM: 13.48
  • Price/SqFt: $442
  • CAP: 5.97
  • Address 2117 Duane St
  • City Los Angeles
  • State/county California
  • Zip/Postal Code 90039
  • Area Echo Park

Walkscore

Similar Listings

Compare listings

Compare
Will Tiao
  • Will Tiao

Neighborhoods We Serve


Fatal error: Uncaught Exception: String could not be parsed as XML in /mnt/data/home/816804.cloudwaysapps.com/nynxxfmwct/public_html/wp-content/plugins/breeze/inc/cache/execute-cache.php:305 Stack trace: #0 /mnt/data/home/816804.cloudwaysapps.com/nynxxfmwct/public_html/wp-content/plugins/breeze/inc/cache/execute-cache.php(305): SimpleXMLElement->__construct() #1 [internal function]: Breeze_Cache_Init\breeze_cache() #2 /mnt/data/home/816804.cloudwaysapps.com/nynxxfmwct/public_html/wp-includes/functions.php(5275): ob_end_flush() #3 /mnt/data/home/816804.cloudwaysapps.com/nynxxfmwct/public_html/wp-includes/class-wp-hook.php(307): wp_ob_end_flush_all() #4 /mnt/data/home/816804.cloudwaysapps.com/nynxxfmwct/public_html/wp-includes/class-wp-hook.php(331): WP_Hook->apply_filters() #5 /mnt/data/home/816804.cloudwaysapps.com/nynxxfmwct/public_html/wp-includes/plugin.php(476): WP_Hook->do_action() #6 /mnt/data/home/816804.cloudwaysapps.com/nynxxfmwct/public_html/wp-includes/load.php(1102): do_action() #7 [internal function]: shutdow in /mnt/data/home/816804.cloudwaysapps.com/nynxxfmwct/public_html/wp-content/plugins/breeze/inc/cache/execute-cache.php on line 305