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1864 Preston Avenue
Los Angeles, CA 90026
Sold
Back on market through no fault of the property. Rare it is these days that a property comes on the market in prime Echo Park for well under a million dollars, but here one is. The current owners have called this property home for 62 years, and now they are giving someone else the opportunity to do the same. Whether you are a family looking to start your home ownership experience, or an investor looking to bring this little gem into the 21st century, this home represents an amazing opportunity on several levels. First, our designer friends at "Resourceful Construction" have created a "proposed new floor plan" (click on the blue 'docs' link here on this listing) that gives guidance on how best to re-imagine the main house. Second, the 265 sq ft connected garage provides a very cool and very easy ADU opportunity for either an "in-law" suite or a rental unit for additional income. Additionally there is a 350 sq ft basement area that would be ideal for an artist or music studio, or storage. The main house is 2 bedrooms and 2 bathrooms (in addition to the third bathroom in the basement) and is 1000 sq ft. The property also has a driveway long enough to park 3 cars tandem. Location-wise it couldn't be better. You are a nice walk away from Sunset Blvd, as well as to 600 acre Elysian Park. And you are on a very tranquil, walkable street. You are also a short walk to all the great shops, bakeries and restaurants along Echo Park Avenue. Bottom line, this just may be the best real estate opportunity on the whole East Side. .
PROPERTY INFORMATION
| MLS # | 24351727 | Lot Size | 3,500 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Single Family Residence |
| Price | $ 849,000
Price Per SqFt: $ 849 |
DOM | 464 Days |
| Address | 1864 Preston Avenue | Type | Residential |
| City | Los Angeles | Sq.Ft. | 1,000 Sq. Ft. |
| Postal Code | 90026 | Garage | 1 |
| County | Los Angeles | Year Built | 1922 |
| Bed / Bath | 2 / 2 | Parking | 3 |
| Built In | 1922 | Status | Closed |
| Sold Date | 2024-03-26 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Outside |
| Has Fireplace | Yes |
| Fireplace Information | Living Room |
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Room Information | Living Room, Basement |
| Has Cooling | No |
| Cooling Information | None |
| Flooring Information | Tile, Wood |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $906
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 02/08/2024 | Pending | $749,000 |
| 01/25/2024 | Listed | $749,000 |
Topfind Realty
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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.
