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    715 Douglas St

    Los Angeles, CA 90026
    • $1,599,000
    • STATUS: Active Under Contract
    • ON SITE: 195 days
    • ID#: 20-642446
    Under Contract
    UPDATED: 15 min ago
    $1,599,000
    • 6
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,606
      SQFT
    • $443
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Just reduced $289,000!!! Incredible opportunity to purchase a vacant fourplex in historic Angelino Heights, LAs original suburb located 1.2 miles from Downtown LA. This expansive property sits majestically at the corner of Douglas Street and Carroll Avenue, listed in the National Register of Historic places for its extraordinary Victorian homes. The property includes two separate structures and a two-car garage. The first structure measures 3,066 sq ft (per assessor) and includes one 3 bedroom/1 bath apartment w/storage room and two 1 bedroom/1 bath apartments. The second structure measures 540 sq ft (per assessor) and includes one 1 bedroom/1 bath apartment. This investment presents a unique opportunity for an owner to rehab and then lease units at market rate. This unbeatable location is walking distance to Dodger stadium and close to a plethora of other attractions in nearby Echo Park, Silver Lake, Chinatown/Olvera St/Little Tokyo and Universal Studios.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-20T18:42:47.033. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.cgluxuryhomesla.com/homes/110738694
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    715 Douglas St Los Angeles, CA 90026

    • Price: $1,599,000
    • Status: Active Under Contract
    • Updated: 15 min ago
    • ID#: 20-642446
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,606
    SQFT
    $443
    $/SQFT
    1924
    Built
    Neighborhood:
    Silver Lake - Echo Park
    County:
    Los Angeles
    Area:
    Silver Lake - Echo Park
    Property Description
    Just reduced $289,000!!! Incredible opportunity to purchase a vacant fourplex in historic Angelino Heights, LAs original suburb located 1.2 miles from Downtown LA. This expansive property sits majestically at the corner of Douglas Street and Carroll Avenue, listed in the National Register of Historic places for its extraordinary Victorian homes. The property includes two separate structures and a two-car garage. The first structure measures 3,066 sq ft (per assessor) and includes one 3 bedroom/1 bath apartment w/storage room and two 1 bedroom/1 bath apartments. The second structure measures 540 sq ft (per assessor) and includes one 1 bedroom/1 bath apartment. This investment presents a unique opportunity for an owner to rehab and then lease units at market rate. This unbeatable location is walking distance to Dodger stadium and close to a plethora of other attractions in nearby Echo Park, Silver Lake, Chinatown/Olvera St/Little Tokyo and Universal Studios.
    Exterior Features

    Lot Size Area 6820 Other Structures Other Parking Garage GarageDetached Total Parking 2

    Interior Features

    Baths Total 4.00 Cooling None Equipment Built-InsRange/Oven Heating Wall Gas

    Property Features

    Assessed Total Value 67966 Gross Income 136800 Gross Operating Income 0 Like Units1 1 Like Units2 3 Net Operating Income 0.00 Number Of Buildings 2 Number Of Units 4 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 0 Type Of Units Garden Year Built Source Assessor Zoning Lar2

    Listing provided courtesy of James Adner DRE#01716093 of Keller Williams Hollywood Hills.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-20T18:42:47.033. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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