1445 Calumet Avenue
$2,100,000
7
7
3,144
3,144
$668
Description
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...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.
- Listed by Emily Johnson • DRE #01877330 • Brokerage DRE #01407690 • Sotheby's International Realty
Property Details for 1445 Calumet Avenue
Zoning
LAR2
StyleBungalow
Parcel Number5405013019
Total Units7.0
Living Area3144
Source Living AreaVendor Enhanced
AreaSilver Lake (671)
Subdivision NameAngelino Heights
LISTING UPDATED: 09/17/2024 12:01 AM
Property Details for 1445 Calumet Avenue
Status | Active |
---|---|
MLS # | 24-433023 |
Days on Market | 86 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1922 |
Lot Size | 0.15 AC / 6,744 SF |
County | Los Angeles County |
Building Information for 1445 Calumet Avenue
Stories1Residences-Year Built1922Building Size-Lot Size0.15 AC / 6,744 SF
Property Information for 1445 Calumet Avenue
Property History for 1445 Calumet Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1445 Calumet Avenue
Taxable ValueLand$1,443,394Additions$648,051Total$2,091,445
Tax Record2024$25,936 ($2,161 / month)
Home Facts
Total Finished SqFt3,144 SqFtAbove Grade Finished SqFt3,144 SqFtLot Size6,744 SqFtStyleMulti-Family Res (5+ Units)Year Built1922ZoningLAR2CountyLOS ANGELESAPN5405-013-019
Schools near 1445 Calumet Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Betty Plasencia Elementary School PublicK to 5 | ||
Sal Castro Middle School Public6 to 8 | ||
Belmont Senior High School Public9 to 12 | ||
Miguel Contreras Learning Complex School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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