$ 1,595,000
-
$1,595,000
Price -
2
Bed -
5
Bath -
2,918
SqFt
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About the Listing CLW-X80543 - CLW-C108138,22286278,22286278,22286278
MAJOR PRICE IMPROVEMENT! SELLER MOTIVATED! BRING ALL OFFERS! Rare Echo Park Lakefront 5-Unit Income Property with Stunning Views. An exceptional opportunity to own a trophy 5-unit income property in one of Echo Park's most coveted locations Echo Park Lake. Set on an elevated lot, this rare gem offers stunning views of the city skyline, combining timeless character with strong income potential. The well-maintained property features five unique units: two charming detached studio bungalows, a spacious 2-bedroom/1-bath unit, and two additional studio bungalow units in a separate building. Each residence has been thoughtfully updated to retain its original warmth and architectural integrity, offering inviting interiors and a peaceful atmosphere. Tenants enjoy the unbeatable experience ofliving above the lake, with Echo Park's walking paths, paddle boats, and gardens just steps from their front doors. The vibrant energy of local shops, cafes, and nightlife is mere minutes away, yet the property maintains a tranquil, park-side feel. Additional features include a detached garage offering off-street parking and storage potential. Whether you're an investor looking for stable income and long-term appreciation, or an owner-user seeking a legacy asset in anirreplaceable location, this is a truly rare offering in the heart of Echo Park.
Listing Highlights for 1016 Laguna Ave
Interior Details
- Bedrooms: 2
- Bathrooms: 5 Full
- Appliances: Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Dryer, Washer
- Air Cond:
- Heating:
- Fireplaces:
- Floor: Carpet,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s)
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 5
- Zoning: LARD2
- Roof:
- Others: Stucco,2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5404021009
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Listing Location
Questions About..
1016 Laguna Ave Los Angeles, CA 90026
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