$150k Price Drop on Surprisingly Spacious, 1920s California Bungalow Duplex
Lowest Priced Duplex in Echo Park

Surprisingly spacious, this 1920s California bungalow duplex has all the history and character you could want in the most prime area of Elysian Heights. This 1,623 square foot, 2-story property sits in the hills above Echo Park, mere steps away from Valerie Confection. It's a short walk to Echo Park Lake, the renowned local restaurants and bars on Sunset Blvd or an easy drive to Dodger Stadium and Downtown. Top unit consists of 2br/1ba while the bottom unit is 2br/2ba. Located on a quiet cul-de-sac, this bougainvillea lined gated duplex offers lots of privacy and peace. The top unit entryway includes a charming, covered deck with room to create a relaxing, lime tree shaded, outdoor living space. Inside you'll find a breezy, open floor plan, with hardwood floors, lots of natural light, and views of the hills. The lower unit also has hardwood flooring, a roomy living area, and a kitchen with plenty of counter space. The duplex also includes an outdoor washer and dryer, and gated, tandem parking. Buyer/selling broker to verify all. Location could be great for owner-user or fix and resale investor. Tenants are paying market rents, $53,628 current gross rental income. 3.5% cap rate/20 GRM
2Br/1Ba & 2Br/1Bath
Covered Deck
Hardwood Flooring
Gated Tandem Parking
Open Floor Plan
3.5% Cap Rate/20 GRM
MLS: PW20163825
Sq Ft: 1623
Yr Built: 1921
Bdrms: 4
Baths: 3
Asking: $949,000
Address: 1644 Lucretia Avenue
Los Angeles, CA
90026
 
Ben Nicolas
IET Real Estate
310 874-1278
[email protected]
www.ietrealestate.com
Lic#: 01458128