Listed By:
Sotheby's International Realty, gracelindgren1@gmail.com, Grace Lindgren
Listing Sold By:
Sotheby's International Realty
Local Realty Services Provided By:
Keller Williams Realty Los Feliz
Overview
What It'll Cost
Neighborhood
Similar Homes
$830,000
1724 Clinton Street, Los Angeles, CA 90026
2,432
sq ft
.13
ac
Log In to Reveal Price
$830,000
1724 Clinton Street, Los Angeles, CA 90026
Estimation provided by Keller Williams Realty Inc.
2,432
sq ft
.13
ac
Closed
Sold
Property Description
A Rare Gem in Echo Park - Exceptional Investment Opportunity!Discover the hidden potential of this residential income opportunity, nestled in the heart of Echo Park. This property offers an extraordinary opportunity for astute investors or those seeking to transform a classic structure into something truly remarkable. With ample space, it presents the perfect canvas for modern updates and creative enhancements.Each one of the income properties boasts generous interiors with flexible layouts, inviting the possibility of contemporary redesigns tailored to meet today's living standards. From original finishes, this building is primed for those with a vision to bring it to its fullest potential.The property features a quaint outdoor space, ideal for creating a charming garden oasis or a welcoming communal area for future residents to enjoy. With strategic improvements, there is immense potential to increase rental income and significantly boost property value.Located in one of Echo Park's most dynamic and evolving neighborhoods, this investment opportunity is as much about lifestyle as it is about financial growth. The area's eclectic culture, burgeoning dining scene, and proximity to downtown LA make this building a standout choice for those looking to capitalize on its superb location.Seize the chance to turn this diamond in the rough into a polished gem - the possibilities are endless.
Assessed Value is a combination of the land and additions.
2023
$15,786
(+667.97%)
$1,285,200
Land 877,200 +
Additions 408,000
2022
$2,056
(+1.87%)
$142,241
Land 81,582 +
Additions 60,659
2021
$2,018
(+2.8%)
$142,241
Land 81,582 +
Additions 60,659
2019
$1,963
(+6.58%)
$140,784
Land 80,746 +
Additions 60,038
2017
$1,842
$135,318
Land 77,611 +
Additions 57,707
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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