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1445 Calumet Avenue
Los Angeles, CA 90026
This private, charming, turnkey investment, with current cap rate of 5.6% and annual NOI over $118,000/yr. could be yours. Sheltered behind a tall privacy hedge in the Angelino Heights HPOZ, sits 7 individual, well-maintained Craftsman single family bungalows, each with their own private patios and outdoor space. These units were fully renovated with permits in 2003 and converted into open concept studios; with vaulted ceilings, exposed beams and wood floors and windows. Because of its location in prime Echo Park, and its proximity to high-end amenities (newly renovated Echo Park lake, Lassen's, and multiple bars and restaurants), these units rent quickly. Well-maintained but with upside potential if you add laundry to each unit. Permit history, general and sewer inspections, and rent rolls available for viewing. Recent termite clearance provided. Motivated seller.
PROPERTY INFORMATION
| MLS # | 24433023 | Lot Size | 6,744 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 2,100,000
Price Per SqFt: $ 668 |
DOM | 237 Days |
| Address | 1445 Calumet Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 3,144 Sq. Ft. |
| Postal Code | 90026 | Garage | N/A |
| County | Los Angeles | Year Built | 1922 |
| Bed / Bath | 7 / 0 | Parking | N/A |
| Built In | 1922 | Status | Active |
INTERIOR FEATURES
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Refrigerator |
| Has Heating | Yes |
| Heating Information | Forced Air |
| Has Cooling | No |
| Cooling Information | None |
| Flooring Information | Wood |
| InteriorFeatures Information | Ceiling Fan(s), Cathedral Ceiling(s) |
| SecuritySafety | Gated Community |
EXTERIOR FEATURES
| Pool | Fenced |
| Has Patio | Yes |
| Patio | Enclosed |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,240
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/09/2024 | Listed | $2,100,000 |
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Listing provided courtesy of Emily Johnson, Sotheby's International Realty. 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.
