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1140 Lemoyne Street
Los Angeles, CA 90026
Sold
1140 Lemoyne Street
Los Angeles, CA 90026
Sold
We are presenting to the marketplace a four-plex in prime Echo Park that has been very tastefully and thoroughly renovated. It has also been stocked with wonderful tenants who are all paying market rent and absolutely loving their apartments. Each apartment has its own balcony/patio as private outdoor space, and they each have at least one, and some of them, two car parking. It has lots of vintage features, including original hardwood floors and built-ins. The units are light and airy and have a great open floor plan. The location is pretty perfect, on a street with mostly vintag-y, character-y properties, just like this one. In one direction, half a block away, it is walking distance to the iconic Echo Park Lake and in the other direction, mere steps away, are all the shops, bars and restaurants that have made Echo Park a hugely popular destination spot. There is central heat and air and laundry in each unit. And it is one of the few multi-family properties in Silver Lake/Echo Park where you can actually cash flow on day one. As an added bonus, there are plans for two large ADUs in the back of the lot (see renderings in the photos.) Additional parking will exist to accommodate more units if and when the ADUs get built. For anyone willing to take that project on, it will be a huge increase in cash flow. This will be a great acquisition for either an owner-user or an investor. Call listing agent if you have questions or want more info.
PROPERTY INFORMATION
| MLS # | 23252643 | Lot Size | 6,771 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 2,595,000
Price Per SqFt: $ 704 |
DOM | 745 Days |
| Address | 1140 Lemoyne Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 3,688 Sq. Ft. |
| Postal Code | 90026 | Garage | N/A |
| County | Los Angeles | Year Built | 1915 |
| Bed / Bath | 4 / 0 | Parking | 6 |
| Built In | 1915 | Status | Closed |
| Sold Date | 2023-07-20 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Washer Included, Dryer Included |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Refrigerator |
| Has Heating | Yes |
| Heating Information | Central |
| Has Cooling | Yes |
| Cooling Information | Central Air |
| Flooring Information | Wood, Tile |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,768
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 04/20/2023 | Listed | $2,595,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Ken Shapiro, Silverwood Properties. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
